The Blackstone Group Inc. (BX) Net income fell to 1.22 billion: Growth Analysis

The Blackstone Group Inc. (BX) is owned by a number of high-value investors. Its largest direct holder is Jonathan D. Gray President, Chief Operating Officer and Director with 495,911 shares. The second-largest direct holder is Joan Solotar Senior Managing Director and Head of Private Wealth Solutions and External Relations, with 260,803 shares of the company’s stock. In third place with 169,375 shares of BX is Brian Mulroney Independent Director.

Now turning to institutional ownership of The Blackstone Group Inc. (BX), Capital Research & Management Co. (World Investors) is the top holder with 30.94 million shares. The next largest fund holder of this company’s stock is JPMorgan Securities LLC (Investment Management) with 22.19 million shares. In the third-place spot with 16.21 million shares is Janus Capital Management LLC.

This company’s stock price was $50.42 at the previous market close, with its latest volume reaching 7,340,583. Compare that to its average daily volume of 6.73M. Given the fact that this stock has 1.18B shares outstanding, its current market value is sitting at $59.48B. This publicly-traded stock’s 60-month Beta is 1.42. Its Price to Sales ratio is 10.01, its Price to Cash Flow ratio is 32.88, and its Price to Book ratio is 5.39.

BX stock has achieved a 5-day range of $49.34 to $51.49, with a total performance of +2.71% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $45.28 to $51.49, generating a +6.01% change during the period. In the past three months, this stock’s price has changed by +17.80%, trading in the range of $42.01 to $51.49.

In the past 5 days, shares of BX have made a new high 4 times. In the last month, it has made a new high 11 times, and in the past 3 months, it has made a new high 19 times.

Now let’s turn to this public company’s earnings. For the quarter ending 6/29/2019, the earnings per share (EPS) was reported at 0.57. This is a 0.09 difference compared to the consensus estimate of 0.48, amounting to an earnings surprise of 18.70%. In the previous quarter, which ended in 6/29/2019, the consensus estimate was 0.51, making for an earnings surprise of -13.70%. For the quarter ending 12/30/2018, EPS was reported at 0.05.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $1.54 billion. This is compared to the prior year, where Net Income was $1.47 billion. Meanwhile, this company’s Operating Cash Flow was $45.74 million for the year, compared to $-1.63 billion in 2017. Capital Expenditures for the year were reportedly -$18.38 million, compared to -$24.35 million, and Free Cash flow was $27.36 million compared to the prior year’s $-1.65 billion.

The Blackstone Group Inc. (BX) stock currently has a Financial Strength score of 3.2/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.13, an Equity to Asset ratio of 0.2, a Debt to Equity ratio of 1.78. The Beneish M-Score is -2.81.

This publicly-traded company’s Profitability and Growth score is 2/10, thanks to a combination of things: a Net Margin of 20.42, a ROE of 18.36.

Shifting focus now to Valuation and Return for BX, this company’s Price to Tangible Book is 8.49, its Price to Median PS Value is 2.35. This organization’s Price to Graham Number is 3.26.

Certain ratios provide helpful insights into how a stock is performing. This stock’s PB Ratio is 5.38, its PS Ratio is 8.5, its Forward PE Ratio is 16.03, and its PE Ratio without NRI is 28.16. Similarly, its Shiller PE Ratio is 45.24, its Price to Owner Earnings is 11.64, its Price to Free Cash Flow is 19.72 and its Price to Operating Cash Flow is 19.38.