In the latest quarter, 6 analysts provided ratings for Boston Props (NYSE:BXP), showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $68.0, a high estimate of $78.00, and a low estimate of $63.00. Highlighting a 4.45% decrease, the current average has fallen from the previous average price target of $71.17.
Investigating Analyst Ratings: An Elaborate Study
The analysis of recent analyst actions sheds light on the perception of Boston Props by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Michael Lewis | Truist Securities | Lowers | Hold | $67.00 | $75.00 |
| Anthony Powell | Barclays | Lowers | Equal-Weight | $65.00 | $66.00 |
| Steve Sakwa | Evercore ISI Group | Lowers | Outperform | $69.00 | $73.00 |
| Richard Anderson | Wedbush | Lowers | Neutral | $63.00 | $66.00 |
| John Kim | BMO Capital | Lowers | Outperform | $78.00 | $80.00 |
| Anthony Powell | Barclays | Lowers | Equal-Weight | $66.00 | $67.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Boston Props. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Boston Props compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Boston Props's stock. This examination reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Boston Props's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Boston Props analyst ratings.
Discovering Boston Props: A Closer Look
Boston Properties owns over 190 properties consisting of approximately 53 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.
Boston Props: Delving into Financials
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Boston Props showcased positive performance, achieving a revenue growth rate of 4.51% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Boston Props's net margin excels beyond industry benchmarks, reaching 9.52%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Boston Props's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.36% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Boston Props's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.31% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a high debt-to-equity ratio of 2.76, Boston Props faces challenges in effectively managing its debt levels, indicating potential financial strain.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.