BlackRock Inc Stock Buy Recommendation Reiterated (BLK)
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- 40.40% is the gross profit margin for BLACKROCK INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 24.90% significantly outperformed against the industry average.
- BLACKROCK INC' earnings per share from the most recent quarter came in slightly below the year earlier quarter. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, BLACKROCK INC increased its bottom line by earning $12.38 versus $10.56 in the prior year. This year, the market expects an improvement in earnings ($13.05 versus $12.38).
- Net operating cash flow has increased to $967.00 million or 10.76% when compared to the same quarter last year. Despite an increase in cash flow of 10.76%, BLACKROCK INC is still growing at a significantly lower rate than the industry average of 67.44%.
- Compared to where it was 12 months ago, the stock is up, but it has so far lagged the appreciation in the S&P 500. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- Despite the weak revenue results, BLK has outperformed against the industry average of 26.8%. Since the same quarter one year prior, revenues slightly dropped by 5.0%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
--Written by a member of TheStreet Ratings Staff.
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