20.13 0.00 (0.00%)
After hours: 4:32PM EDT
|Bid||19.85 x 1100|
|Ask||20.14 x 1000|
|Day's Range||19.98 - 20.69|
|52 Week Range||15.64 - 29.79|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 28, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.57|
Shares of Box Inc (NYSE:BOX) are finally finding their footing after a nasty drop post-earnings. BOX stock has recovered nicely off the recent lows and now it appears poised for a potential upside breakout. Massive call buyers are certainly positioning in a big way for more upside. Time to follow the flow in BOX stock.Source: Shutterstock The reason for the recent drubbing was a revenue shortfall and lowered guidance in the Q4 earnings report on Feb. 27. The company fell short of revenue, coming in at 4163.7 million versus estimates of $164.2. More importantly, BOX guided lower for full-year 2020 with the company now seeing revenues of just $700-$704 million compared to analyst consensus of $714 to $750 million. BOX stock was taken out to the woodshed following the news, dropping over 20%.InvestorPlace contributor Chris Tyler does a deep dive analysis into some of the fundamental and technical reasons he now feels BOX stock is poised for a breakout, post-earnings. I plead ignorance on the fundamental side with earnings still negative and now lowered revenue guidance. Certainly no argument from me, however, on the technical side.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Oversold Stocks to Run From Shares are at a major inflection point at the $20.30 level. BOX stock has butted up against this resistance seven times since the earnings torpedo in late February. Each time the attempt was subsequently rejected. Yesterday, BOX once again pierced past $20.30 intra-day only to close lower at $20.26. The stock did get back above the 20-day moving average at 419.49, which should provide downside support. At some point, though, BOX will either break out convincingly or break down. Click to EnlargeA rather large player in the option space is positioning in a big way for a breakout. Nearly 24,000 contracts of the May $21 calls traded on Monday versus only 355 open interest.The huge call buying also drove implied volatility (IV) to extremes. The May $21 calls were priced at 35 cents on April 15 with BOX at $19.72 (roughly 34 IV). Click to EnlargeOn Monday, following the massive call buying, these same options with BOX at exactly the same price were priced at 57 cents (over 50 IV!). So even with BOX stock at the same price and a week of time premium passing, these calls were over 20 cents more expensive due to the enormous lift in IV caused by the huge call purchases.To me, this sets up ideally for a trade-buying stock and selling these extremely richly priced calls. This allows one to lean bullishly along with that big call buyer, while simultaneously capturing some juicy option premium to hedge the downside and reduce the initial cost. Box Stock Trade IdeaBuy BOX stock and sell the BOX May $21 calls for $19.65 net debit.Ideally, BOX stock closes above $21 at May 17 expiration to realize the maximum gain of 6.87%. If not, one can look to sell some additional June call options against the stock to bring in additional option premium.Earnings are due May 29.Tim Biggam may hold some of the aforementioned securities in one or more of his newsletters. Anyone interested in finding out more about Tim and his strategies can go to https://marketfy.com/item/options-and-volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post Box Inc Stock Is Breaking Out On Big-Time Buying appeared first on InvestorPlace.
It's time for Box, Inc. (NYSE:BOX) investors to think outside the box and start looking at the potential upside in the company's narrative.Source: Shutterstock A recent earnings event didn't exactly sit well with BOX stock investors. Back in the tail end of February, the cloud services outfit announced better-than-forecast earnings. Unfortunately, the results were tainted by modestly below-view Q1 and 2020 full-year sales guidance, which sent BOX shares reeling by nearly 19%.But first impressions can be deceiving. And as InvestorPlace's Brent Kenwell wrote back in March, still solid, albeit disappointing growth and low valuation among its peer group do help make the case for BOX stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSimilarly, on Wall Street where time can heal wounds and investors have a knack for forgiving or simply forgetting, BOX stock is in a unique position on the price chart to prove just that point. BOX Stock Daily Chart Click to EnlargeIf one was to look at February's reaction in BOX stock in isolation, you could say with good authority investors were more than a bit disappointed with the earnings report. And truthfully, BOX fooled more than a few bulls in front of the release.Prior to the weak confessional, shares of BOX had recently broken out above trendline resistance following a six-month long correction. BOX stock also strongly hinted of continued upside with shares staging a second breakout from a smallish consolidation set against the 62% retracement level immediately in front of the release.Unfortunately, the earnings reaction in BOX stock made the prior bullish price action ineffectual. The good news is at this point in time, there is a strong reason for investors to look outside the box on the price chart and be ready to act above it with a long BOX position. * 10 High-Yielding Dividend Stocks That Won't Wilt For nearly two months, shares of Box have been trading laterally or in a rectangular, box-like congestion. With the pattern being established around the prior downtrend line, I'm optimistic the sideways price action in BOX stock is working to mend its past wounds and can be viewed as an elongated higher low formation.Now it's nearly time to purchase Box shares. This is especially true with BOX stock signaling an oversold stochastics crossover after its two failed attempts at rallying above earnings-driven price resistance. Buying BOX StockI believe the third time is going to be the charm for BOX stock. For like-minded investors seeing a technical opportunity where once there was fear and loathing, I'd recommend buying BOX stock through $20.24. The entry represents a third attempt at rallying above resistance formed by the closing print in BOX following earnings.Upon a breakout of BOX's rectangular congestion, I'd expect the earnings gap has a high likelihood of getting filled over the next couple months. For money management purposes though, peeling off some exposure if shares rally in-between $22.20 - $22.75 looks smart. This price range incorporates the area in early February which initially lured in and trapped more than a few investors.Finally, just in case that other bottom-line on the underside of the rectangular box is challenged once again, that's a technical situation I'd rather avoid. As such, I'd set risk on this position at $1 and proceed to use a trailing stop from there.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post Box Stock Is Set to Run Higher Now appeared first on InvestorPlace.
Read the beginning of this article here. The most valuable position in Harvest Capital Strategies’ portfolio at the end of the last quarter of 2018 was in Palo Alto Networks Inc (NYSE:PANW), and it counted 185,000 shares with a value of $34.85 million after the fund had raised its stake by 69%. This position comprised […]
My favorite hedge fund event is the annual Sohn Conference in New York. This year’s event will be held on May 6th, so I decided to take a look at how last year’s picks fared and whether hedge fund managers were able to generate any outperformance with their recommendations. Last year Harvard University’s Patrick Luo released […]
The Partners III Opportunity Fund's Institutional Class returned +19.48% in the first calendar quarter compared to +13.65% for the S&P 500 and +14.04% for the Russell 3000. For the fiscal year ended March 31, the Partners III Opportunity Fund's Institutional Class returned +11.25% compared to +9.50% for the S&P 500 and +8.77% for the Russell 3000. Warning! GuruFocus has detected 5 Warning Sign with INS.
With equities flirting with all-time highs you might be wondering why today's gallery is focusing on stocks to sell. The reason is that it's not just a stock market, but a market of stocks. And there are both winners and losers in every environment -- even one where record highs are in reach.Indeed, the rising tide is not lifting all boats. Some of these vessels have gaping holes in the hull and are sinking. The three stocks identified today carry similar characteristics. Their price trends are all pointing lower. They're on the brink of breaking key support zones. And distribution days have cropped up to signal institutions are smashing the sell button.Whether you're looking for short trades to diversify your portfolio, or simply want to feel the thrill of profiting from pain, these stocks deserve your consideration.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The Jobs Report Isn't an Effective Metric for the U.S. Economy Behold, three vulnerable stocks to sell.Source: ThinkorSwim Box (BOX)Box (NYSE:BOX) shares were full participants in the 2019 comeback rally in the stock market. It set a blistering pace, gaining some 47% in the first two months alone. And then its earnings announcement killed the momentum. Since the late-February down-gap, BOX stock has been treading water.But with this week's slip, the company's shares are now testing the lower end of the range. And that presents an exciting breakdown setup worth trading. The critical level to watch is $18.40. If BOX breaches it, watch out below. It could send the shares down to the next support zone at $16.If support gives way then consider buying the June $19 puts.Source: ThinkorSwim Dropbox (DBX)Short of one glorious bullish episode, the entire saga of Dropbox's (NASDAQ:DBX) public life has been disappointing.Its 2019 flight path has mirrored BOX -full participation in the Jan-Feb boom and then upended by earnings. Since the quarterly report, DBX stock has been locked in a downtrend beneath falling moving averages. The 200-day, 50-day, and 20-day are all careening lower in a bearish fashion. With resistance heaped on top of it, DBX has struggled to score any kind of sustainable rally.And yesterday's high volume drop has me thinking more pain is in the offing. Support at $21 is being probed as I type and it's a test that will likely fail. A successful support breach could send the stock back to its 52-week low at $18.50. * 5 Dividend Stocks Perfect for Retirees To profit, you could buy the July $22 puts.Source: ThinkorSwim Alcoa (AA)Alcoa (NYSE:AA) has taken shareholders on quite the wild ride. Since 2016 the hellish coaster has risen 186% and then plunged 56%.This year's action can best be described as base building. It's essentially traveled directly sideways with neither bulls nor bears willing to touch it. But if the premarket weakness in response to this morning's earnings announcement is any indication, we could soon see a test of the lower end of its range.$26.50 is the zone to watch. If buyers emerge to defend it, then hold off on bear trades. But if it fails, then it's game on for shorts. Buying the July $28 puts or the July $28/$24 put spread are your go-to plays.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 3 Stocks on Shaky Ground appeared first on InvestorPlace.
Pinterest’s shares started trading on Thursday with some impressive credentials to buoy them up. The US social network claims half of users shop on its site and that eight out of 10 American mothers have an account on its virtual pinboard. Pinterest looks cute but it has still gone for a very immodest value of 15 times trailing revenue.
HENDERSON, NV / ACCESSWIRE / April 12, 2019 / Artificial Intelligence in business is a hot topic in the investing world - so hot that some companies are using the term for a PR boost. But make no mistake, ...
Anyone researching Box, Inc. (NYSE:BOX) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility...
Here are the Bay Area-based public companies that LinkedIn says are among the most desired employers to work for in the country.
Box, Inc. , a leader in cloud content management, today announced that World Fuel Services, a leader in the energy industry, selected Box to be the content layer for its IT infrastructure of best-of-breed cloud applications, centralize content management across its global workforce, and reimagine customer engagement models and digital business processes.
Box Inc NYSE:BOXView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for BOX with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold BOX had net inflows of $1.60 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Over the past five years, these companies scored the greatest one-day trading gain for Bay Area tech companies – setting a high bar for Lyft to beat on Friday when it is expected to launch its IPO.
Box Inc provides cloud content management platform that enables organizations to securely manage cloud content while allowing easy, secure access and sharing of content from anywhere, on any device. Box Inc had annual average EBITDA growth of 28.40% over the past five years. Warning! GuruFocus has detected 3 Warning Signs with BOX.
Patching is the bane of corporate security groups. You can’t stop business to repair all the many pieces of software and hardware with known vulnerabilities but neither can you let holes go unaddressed.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of iPad 7 features. Today, we'll look at that and other Apple Rumors for Monday.iPad 7: A recent rumor claims to know more about the upcoming iPad 7, reports BGR. This rumor claims that Apple is planning to use the same housing from the iPad 6 on the iPad 7. As a result, the iPad 7 will retain many of the same features as the iPad 6. This includes a headphone jack and Touch ID. There's still debate about the screen size. Some claim it will increase to 10 inches, but others say it will remain at the iPad 6's 9.7 inches.iOS 12.2 Developer Beta: The newest version of the iOS 12.2 developer beta is now up for grabs, MacRumors notes. This release is for the fifth version of the iOS 12.2 developer beta. It comes out a week after the release of the fourth developer beta for iOS 12.2. A few new features, including Apple News for Canada, are coming in iOS 12.2. Just like with previous updates, a new public beta is likely coming in the next couple of days.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBox Leak: Recent news includes confidential information from companies leaking from Box (NYSE:BOX), reports AppleInsider. Box is a supplier of cloud storage solutions. A recent revelation shows that the company has accidentally been leaving confidential information from some of its customers available online. Apple is one of these customers and hackers may have been able to obtain some data from it.Check out more recent Apple Rumors or Subscribe to Apple Rumors : RSS As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Monday Apple Rumors: iPad 7 May Still Include Headphone Jack appeared first on InvestorPlace.
Box, Inc. (NYSE:BOX) shareholders might be concerned after seeing the share price drop 19% in the last month. But don't let that distract from the very nice return generated overRead More...
NEW YORK, March 07, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
Box Inc. shares are plunging toward their worst day in a year after the company reported a quarter that showcased its “worst execution since its 2015 IPO.”