Black Box Co. (NASDAQ:BBOX) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Zacks has also given Black Box an industry rank of 24 out of 255 based on the ratings given to related companies.
A number of hedge funds and other institutional investors have recently made changes to their positions in BBOX. Dimensional Fund Advisors LP lifted its position in shares of Black Box by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,046,198 shares of the technology company’s stock worth $2,092,000 after buying an additional 26,067 shares in the last quarter. Two Sigma Investments LP lifted its position in shares of Black Box by 31.1% during the 4th quarter. Two Sigma Investments LP now owns 150,950 shares of the technology company’s stock worth $536,000 after buying an additional 35,818 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Black Box by 33.2% during the 4th quarter. Renaissance Technologies LLC now owns 654,400 shares of the technology company’s stock worth $2,323,000 after buying an additional 163,000 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Black Box by 171.3% during the 4th quarter. Millennium Management LLC now owns 349,383 shares of the technology company’s stock worth $1,240,000 after buying an additional 220,585 shares in the last quarter. 53.01% of the stock is currently owned by institutional investors and hedge funds.
NASDAQ BBOX traded up $0.03 during trading hours on Friday, hitting $1.49. The company’s stock had a trading volume of 144,195 shares, compared to its average volume of 861,832. Black Box has a 52 week low of $0.75 and a 52 week high of $5.51. The company has a quick ratio of 0.84, a current ratio of 0.93 and a debt-to-equity ratio of 0.01.
Black Box (NASDAQ:BBOX) last announced its quarterly earnings results on Monday, July 16th. The technology company reported ($0.40) earnings per share for the quarter. Black Box had a negative net margin of 12.91% and a negative return on equity of 19.41%. The business had revenue of $194.00 million during the quarter.
Black Box Company Profile
Black Box Corp. engages in the provision of digital solutions. It operates through the following segments: North America Products, North America Services, International Products, and International Services. It offers managed services, infrastructure services, communications lifecycle services, unified communications and data center services.
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