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, implying a possible profit of 37.78 percent. The lowest price target was 33, implying a possible loss of -1.16 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.71 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.71 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.32 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.39 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 5 analysts made negative revisions. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 5 analysts decreased their estimates.

The growth rate of BX's earnings is estimated by analysts to be 37.45 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. BX has a PEG ratio of 0.44.

In the trailing 52-weeks, BX hit 35.09 at the highest peak, while it's lowest trading point was 23.33. Currently the stock is 43.1 percent higher than its low, and below the high by 4.86 percent. BX has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.