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BX
Stock ticker: NYSE
AS OF
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Capitalization
83.83B

BX Price Prediction, Blackstone AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for BX with price predictions
08:00 PM EDT Sep 21, 2023

BX in upward trend: price rose above 50-day moving average on August 18, 2023

BX moved above its 50-day moving average on August 18, 2023 date and that indicates a change from a downward trend to an upward trend. In of 29 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BX advanced for three days, in of 378 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 357 cases where BX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for BX moved out of overbought territory on September 21, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator moved out of overbought territory. In of the 48 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where BX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on September 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BX as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for BX turned negative on September 22, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

BX broke above its upper Bollinger Band on August 29, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BX’s price grows at a higher 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 strong sales and a profitable 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.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 (11.614) is normal, around the industry mean (3.499). P/E Ratio (67.114) is within average values for comparable stocks, (30.618). Projected Growth (PEG Ratio) (2.525) is also within normal values, averaging (4.624). Dividend Yield (0.031) settles around the average of (0.071) among similar stocks. P/S Ratio (13.280) is also within normal values, averaging (78.146).

A.I. Advisor
published Earnings

BX is expected to report earnings to rise 10.75% to $1.03 per share on October 19

Blackstone BX Stock Earnings Reports
Q3'23
Est.
$1.03
Q2'23
Est.
$0.93
Q1'23
Beat
by $0.02
Q4'22
Beat
by $0.10
Q3'22
Beat
by $0.08
The last earnings report on July 20 showed earnings per share of 93 cents, meeting the estimate of 93 cents. With 3.49M shares outstanding, the current market capitalization sits at 83.83B.
A.I.Advisor
published Dividends

BX paid dividends on August 07, 2023

Blackstone BX Stock Dividends
А dividend of $0.79 per share was paid with a record date of August 07, 2023, and an ex-dividend date of July 28, 2023. Read more...
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 (NYSE:WT), AMTD IDEA Group (NYSE:AMTD).

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 5.18B. The market cap for tickers in the group ranges from 57 to 108.81B. FDLPF holds the highest valuation in this group at 108.81B. The lowest valued company is RSERF at 57.

High and low price notable news

The average weekly price growth across all stocks in the Investment Managers Industry was -2%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 13%. GGPXF experienced the highest price growth at 13%, while PNXPF experienced the biggest fall at -58%.

Volume

The average weekly volume growth across all stocks in the Investment Managers Industry was -75%. For the same stocks of the Industry, the average monthly volume growth was 12% and the average quarterly volume growth was -22%

Fundamental Analysis Ratings

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

Valuation Rating: 36
P/E Growth Rating: 50
Price Growth Rating: 57
SMR Rating: 69
Profit Risk Rating: 80
Seasonality Score: -22 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of investment and fund management services

Industry InvestmentManagers

Profile
Fundamentals
Details
Industry
Investment Managers
Address
345 Park Avenue
Phone
+1 212 583-5000
Employees
4695
Web
https://www.blackstone.com
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BX and

Correlation & Price change

A.I.dvisor indicates that over the last year, BX has been closely correlated with APO. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if BX jumps, then APO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BX
1D Price
Change %
BX100%
+0.04%
APO - BX
81%
Closely correlated
+0.44%
KKR - BX
79%
Closely correlated
+1.27%
ARES - BX
73%
Closely correlated
-0.17%
HLNE - BX
73%
Closely correlated
-0.56%
BN - BX
72%
Closely correlated
-0.64%
More