Box (BOX) Down 2.8% Since Last Earnings Report: Can It Rebound?

A month has gone by since the last earnings report for Box (BOX). Shares have lost about 2.8% in that time frame, outperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Box due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates have trended downward during the past month.

The consensus estimate has shifted -232% due to these changes.

VGM Scores

At this time, Box has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. Following the exact same course, the stock was allocated a grade of F on the value side, putting it in the fifth quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Box has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

Performance of an Industry Player

Box belongs to the Zacks Internet - Software industry. Another stock from the same industry, Nice (NICE), has gained 6.4% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.

Nice reported revenues of $721.6 million in the last reported quarter, representing a year-over-year change of +15.8%. EPS of $3.02 for the same period compares with $2.36 a year ago.

For the current quarter, Nice is expected to post earnings of $2.84 per share, indicating a change of +10.1% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Nice. Also, the stock has a VGM Score of B.

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This article originally published on Zacks Investment Research (zacks.com).

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