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MarketScreener Homepage  >  Equities  >  Nyse  >  BlackRock, Inc.    BLK

BLACKROCK, INC.

(BLK)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

BlackRock, Inc. : Good timing to anticipate a continuation of the trend

09/14/2020 | 08:55am EST
09/14/2020 | 08:55am EST
long trade
Target price hit
Entry price : 545.04$ | Target : 580$ | Stop-loss : 521$ | Potential : 6.41%
The underlying tendency is to the upside for shares in BlackRock, Inc. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.
Investors have an opportunity to buy the stock and target the $ 580.
BlackRock, Inc. : BlackRock, Inc. : Good timing to anticipate a continuation of the trend
Strengths
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
  • The group usually releases upbeat results with huge surprise rates.
  • Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
  • For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • Within the weekly time frame the stock shows a bullish technical configuration above the support level at 465.83 USD

Weaknesses
  • With an enterprise value anticipated at 5.37 times the sales for the current fiscal year, the company turns out to be overvalued.

© Zonebourse.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2020 15 907 M - -
Net income 2020 4 682 M - -
Net cash 2020 1 272 M - -
P/E ratio 2020 23,7x
Yield 2020 2,03%
Capitalization 109 B 109 B -
EV / Sales 2020 6,78x
EV / Sales 2021 6,26x
Nbr of Employees 16 600
Free-Float 87,5%
Upcoming event on BLACKROCK, INC.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 17
Average target price 724,65 $
Last Close Price 715,42 $
Spread / Highest target 11,8%
Spread / Average Target 1,29%
Spread / Lowest Target -15,9%
EPS Revisions
Managers
NameTitle
Laurence Douglas Fink Chairman & Chief Executive Officer
Robert Steven Kapito President & Non-Independent Director
Robert L. Goldstein Chief Operating Officer & Senior Managing Director
Gary S. Shedlin Chief Financial Officer & Senior Managing Director
Derek N. Stein Global Head-Business Operations & Technology
Sector and Competitors
1st jan.Capitalization (M$)
BLACKROCK, INC.42.32%109 558
BROOKFIELD ASSET MANAGEMENT INC.4.86%61 486
UBS GROUP AG5.44%51 615
BANK OF NEW YORK MELLON CORPORATION (THE)-20.54%35 437
T. ROWE PRICE GROUP INC.19.42%33 175
STATE STREET CORPORATION-6.37%26 128