Analyst Ratings for Blackstone Group L.P. (BX)

Updated: 2017-07-28

Blackstone Group L.P. (NYSE:BX) was awarded an average rating of Buy from investment analysts following the stock. Last month, BX received an average rating of Buy.

A buy rating was issued by 12 analysts, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

BX was given price targets by several analysts. The most optimistic price target was 46, which equates to a potential upside of 37.78 percent. The most pessimistic price target was 33, implying a possible loss of -1.16 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.71 percent. That number becomes -0.71 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.32 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.39 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 5 analysts that decreased their estimates. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 5 analysts decreased their estimates.

BX has an estimated earnings growth rate of 37.45 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of BX is 0.44.

BX has a 52-week high of 35.09 and a 52-week low of 23.33. Currently the stock is 43.1 percent higher than its low, and 4.86 percent below the high. BX has a price/earnings ratio of 16.59. Investors typically compare the P/E ratio to a company's peers in the industry. The BX value stock report compares BX to some of its peers using value stock charts. The stock has a market capitalization of $23.08 billion. BX will post this quarters earnings in days, on 0000-00-00.