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BLK
Stock ticker:
NYSE
AS OF
Jul 1, 01:35 PM (EDT)
Price
$611.61
Change
+$1.98 (+0.32%)
Capitalization
93.62B

BLK Price Prediction, Blackrock AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 30, 2022

BLK's Indicator enters downward trend

The Aroon Indicator for BLK entered a downward trend on May 27, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 150 similar instances where the Aroon Indicator formed such a pattern. In 111 of the 150 cases the stock moved lower. This puts the odds of a downward move at 74%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where BLK's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

BLK moved below its 50-day moving average on June 28, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for BLK crossed bearishly below the 50-day moving average on June 14, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BLK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 27, 2022. You may want to consider a long position or call options on BLK as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BLK just turned positive on June 24, 2022. Looking at past instances where BLK's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BLK advanced for three days, in of 360 cases, the price rose further within the following month. The odds of a continued upward trend are .

BLK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.461) is normal, around the industry mean (1.953). P/E Ratio (15.314) is within average values for comparable stocks, (12.991). Projected Growth (PEG Ratio) (1.993) is also within normal values, averaging (4.934). Dividend Yield (0.030) settles around the average of (0.075) among similar stocks. P/S Ratio (4.773) is also within normal values, averaging (30.984).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BLK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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A.I.Advisor
published price charts
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A.I. Advisor
published Earnings

BLK is expected to report earnings to fall 3.15% to $9.22 per share on July 18

Blackrock BLK Stock Earnings Reports
Q2'22
Est.
$9.22
Q1'22
Beat
by $0.78
Q4'21
Beat
by $0.26
Q3'21
Beat
by $1.56
Q2'21
Beat
by $0.59
The last earnings report on April 13 showed earnings per share of $9.52, beating the estimate of $8.74. With 55.29K shares outstanding, the current market capitalization sits at 93.62B.
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A.I.Advisor
published Dividends

BLK paid dividends on June 23, 2022

Blackrock BLK Stock Dividends
А dividend of $4.88 per share was paid with a record date of June 23, 2022, and an ex-dividend date of June 03, 2022. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Bank of New York Mellon Corp (NYSE:BK), Ares Capital Corp (NASDAQ:ARCC), WisdomTree Investments (NASDAQ:WETF).

Industry description

Investment Managers manage financial assets and other investments of clients. Management includes designing a short- or long-term strategy for buying/holding and selling of portfolio holdings. It can also include tax services and other aspects of financial planning as well. While it is perceived that the industry is faced with growing competition from robo-advisors/digital platforms and passive/ index-tracking funds, many investors still find value in actively managed in-person services that investment management companies often emphasize on. At the same time, many wealth managers are also incorporating digital initiatives/low cost options in addition to their in-person customized services. Their main sources of revenues are fees as a percentage of assets under management, in addition to a certain portion of clients’ gains from asset appreciation. BlackRock, Inc., Blackstone Group Inc and Brookfield Asset Management are some of the major investment management companies.

Market Cap

The average market capitalization across the Investment Managers Industry is 3.89B. The market cap for tickers in the group ranges from 372 to 93.62B. BLK holds the highest valuation in this group at 93.62B. The lowest valued company is NVPLF at 372.

High and low price notable news

The average weekly price growth across all stocks in the Investment Managers Industry was -1%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was 29%. IDKFF experienced the highest price growth at 44%, while SNCF experienced the biggest fall at -49%.

Volume

The average weekly volume growth across all stocks in the Investment Managers Industry was 13%. For the same stocks of the Industry, the average monthly volume growth was -44% and the average quarterly volume growth was 69%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 35
P/E Growth Rating: 54
Price Growth Rating: 56
SMR Rating: 65
Profit Risk Rating: 81
Seasonality Score: -2 (-100 ... +100)
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published General Information

General Information

a provider of investment and risk management services

Industry InvestmentManagers

Profile
Fundamentals
Details
Industry
Investment Managers
Address
55 East 52nd Street
Phone
+1 212 810-5300
Employees
18400
Web
https://www.blackrock.com

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BLK and

Correlation & Price change

A.I.dvisor indicates that over the last year, BLK has been closely correlated with TROW. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if BLK jumps, then TROW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BLK
1D Price
Change %
BLK100%
-1.44%
TROW - BLK
80%
Closely correlated
-1.64%
AMP - BLK
76%
Closely correlated
-0.97%
AMG - BLK
75%
Closely correlated
-1.09%
APAM - BLK
73%
Closely correlated
+1.69%
VRTS - BLK
72%
Closely correlated
-4.96%
More