As of close of business last night, Black Hills Corporation’s stock clocked out at $52.04, down -0.31% from its previous closing price of $52.20. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 662749 shares were traded.
Ratios:
To gain a deeper understanding of BKH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.18.
On February 10, 2023, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $81 to $68.
Sidoti Downgraded its Buy to Neutral on February 09, 2023, while the target price for the stock was maintained at $67.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 08 ’23 when Kinzley Richard sold 10,033 shares for $65.49 per share. The transaction valued at 657,061 led to the insider holds 36,576 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BKH now has a Market Capitalization of 3.55B and an Enterprise Value of 7.87B. As of this moment, Black’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.29, and their Forward P/E ratio for the next fiscal year is 12.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 3.38 whereas that against EBITDA is 10.66.
Stock Price History:
The Beta on a monthly basis for BKH is 0.63, which has changed by -14.65% over the last 52 weeks, in comparison to a change of 32.00% over the same period for the S&P500. Over the past 52 weeks, BKH has reached a high of $66.85, while it has fallen to a 52-week low of $46.43. The 50-Day Moving Average of the stock is 51.94, while the 200-Day Moving Average is calculated to be 54.23.
Shares Statistics:
It appears that BKH traded 565.89K shares on average per day over the past three months and 741.37k shares per day over the past ten days. A total of 68.20M shares are outstanding, with a floating share count of 67.79M. Insiders hold about 0.60% of the company’s shares, while institutions hold 87.87% stake in the company. Shares short for BKH as of Feb 29, 2024 were 2.93M with a Short Ratio of 5.18, compared to 2.51M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.30% and a Short% of Float of 6.90%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.50, BKH has a forward annual dividend rate of 2.52. Against a Trailing Annual Dividend Yield of 4.79%, it implies a Forward Annual Dividend Yield of 5.00%. The stock’s 5-year Average Dividend Yield is 3.48. The current Payout Ratio is 63.98% for BKH, which recently paid a dividend on Mar 01, 2024 with an ex-dividend date of Feb 15, 2024. Stock splits for the company last occurred on Mar 11, 1998 when the company split stock in a 3:2 ratio.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.72 for the current quarter, with a high estimate of $1.83 and a low estimate of $1.61, while EPS last year was $1.73. The consensus estimate for the next quarter is $0.36, with high estimates of $0.47 and low estimates of $0.26.
Analysts are recommending an EPS of between $3.92 and $3.83 for the fiscal current year, implying an average EPS of $3.89. EPS for the following year is $4.11, with 4 analysts recommending between $4.15 and $4.05.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $681M. It ranges from a high estimate of $681M to a low estimate of $681M. As of the current estimate, Black Hills Corporation’s year-ago sales were $921.2M, an estimated decrease of -26.10% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $510.6M, an increase of 1.00% over than the figure of -$26.10% in the same quarter last year. There is a high estimate of $510.6M for the next quarter, whereas the lowest estimate is $510.6M.
A total of 4 analysts have provided revenue estimates for BKH’s current fiscal year. The highest revenue estimate was $2.7B, while the lowest revenue estimate was $2.02B, resulting in an average revenue estimate of $2.36B. In the same quarter a year ago, actual revenue was $2.33B, up 1.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $2.44B in the next fiscal year. The high estimate is $2.82B and the low estimate is $2.08B. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.
