The Analyst Verdict: Blackstone In The Eyes Of 11 Experts

Throughout the last three months, 11 analysts have evaluated Blackstone BX, offering a diverse set of opinions from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $126.91, a high estimate of $147.00, and a low estimate of $96.00. Witnessing a positive shift, the current average has risen by 3.85% from the previous average price target of $122.20.

Decoding Analyst Ratings: A Detailed Look

The analysis of recent analyst actions sheds light on the perception of Blackstone by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Blackstone. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Blackstone compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Blackstone's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Blackstone's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Blackstone analyst ratings.

Unveiling the Story Behind Blackstone

Blackstone is the world's largest alternative-asset manager with $1.040 trillion in total asset under management, including $762.6 billion in fee-earning assets under management, at the end of 2023. The company has four core business segments: private equity (22% of fee-earning AUM and 28% of base management fees), real estate (39% and 43%), credit and insurance (29% and 21%), and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Financial Insights: Blackstone

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Decline in Revenue: Over the 3 months period, Blackstone faced challenges, resulting in a decline of approximately -27.18% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Blackstone's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 13.73%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Blackstone's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.18%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Blackstone's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.37%, the company may face hurdles in achieving optimal financial returns.

Debt Management: With a high debt-to-equity ratio of 1.8, Blackstone faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: Simplified

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.