The Blackstone Group L.P. (BX) shows its Return on Assets (ROA) value of 5.4 percent, while the Return on Equity (ROE) value is 22.9 percent and Return on Investment (ROI) value stands at 13.4 percent. Solotar Joan had sold 30,500 shares worth $1.02 million. The ability for The Blackstone Group L.P.to pay these debts is as follows; current ratio is *tba and quick ratio comes to *tba. The asset manager reported $0.69 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.14.
Blackstone's distributable earnings, the share of profits that could be doled out to shareholders, rose to $625.6 million, or 52 cents a share, from $593.5 million, or 48 cents a share, a year earlier.
The Blackstone Group L.P. (BX) stock is most attractive stock of Wall Street. It has outperformed by 3.79% the S&P500. Therefore 67% are positive. Simply a stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. BX's 9-day MACD now sits below the 20-day MACD, indicating that BX's upside momentum has decreased during the last three weeks.
01/29/2016 - The Blackstone Group L.P. had its "buy" rating reiterated by analysts at Sandler O'Neill. The firm has "Outperform" rating given on Friday, January 29 by RBC Capital Markets. Liberum Capital maintained Vertu Motors Plc (LON:VTU) on Monday, November 23 with "Buy" rating. The firm has "Neutral" rating given on Wednesday, August 12 by JP Morgan.
Wfg Advisors Lp decreased Vanguard Index Fds (VOO) stake by 2,379 shares to 21,245 valued at $4.72M in 2017Q2. Powershares Etf Trust (PXI) was reduced too. Equities research analysts expect that The Blackstone Group L.P. will post $2.72 EPS for the current year. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. Therefore 78% are positive.
Analyzing the technical facts of The Blackstone Group L.P. (BX), its current distance from 20-Day Simple Moving Average is 2.48% and standing 4.53% away from 50-Day Simple Moving Average while traded up 7.65% from 200-Day Simple Moving Average.
06/28/2017 - The Blackstone Group L.P. had its "buy" rating reiterated by analysts at Jefferies. The price to earnings ratio for The Blackstone Group L.P. (NYSE:BX) is 15.105341.
On July 14 Oppenheimer held the company rating at "Outperform" and raised the price target from $31.00 to $38.00. Grand Jean Cap Mngmt stated it has 3.06% in Blackstone Group LP (NYSE:BX). Wood maintained it with "Market Perform" rating and $33 target in Monday, July 11 report. Deutsche Bank maintained Blackstone Group LP (NYSE:BX) on Monday, August 17 with "Buy" rating. The rating was upgraded by Citigroup on Monday, May 22 to "Buy". The stock has "Buy" rating by Jefferies on Wednesday, June 28. On Tuesday, February 9 the stock rating was maintained by Deutsche Bank with "Buy". Its down 0.06, from 1.7 in 2017Q1. It dived, as 35 investors sold BX shares while 129 reduced holdings. 79 funds opened positions while 190 raised stakes. 200,515 were accumulated by Marvin Palmer. Moreover, Telemus Capital Limited Liability Corporation has 0.03% invested in Blackstone Group LP (NYSE:BX) for 7,120 shares. Reilly Advsr Limited Liability holds 0% of its portfolio in Blackstone Group LP (NYSE:BX) for 210 shares. The same goes for P/S and P/B, you want these value to be lower, to represent a potential undervalued company, and they have a P/S and P/B of 6.2 and 3.42 respectively. Northeast Inv Mngmt holds 0.28% or 92,254 shares in its portfolio. National Bank & Trust Of America De reported 0.05% in Blackstone Group LP (NYSE:BX). Beach Investment Management holds 1.47% of its portfolio in Blackstone Group LP (NYSE:BX) for 428,476 shares. Commonwealth Equity Services stated it has 0.1% in Blackstone Group LP (NYSE:BX). Ranger International Management LP has invested 6.04% in Blackstone Group LP (NYSE:BX). Insider ownership during the past year has decreased by a net of 8853 shares. Optimum Inv holds 0.45% of its portfolio in Blackstone Group LP (NYSE:BX) for 39,235 shares. (NYSE:BX) traded up 2.70% during midday trading on Friday, reaching $26.60.
Since May 24, 2017, it had 0 insider purchases, and 2 selling transactions for $1.67 million activity. During the last month, the stock has changed -1.50% and performed -5.07% over the last 6 months.
Analysts await magicJack VocalTec Ltd (NASDAQ:CALL) to report earnings on November, 8. After having $0.59 EPS previously, Blackstone Group LP's analysts see 10.17 % EPS growth.