Investor’s Delight: Black Hills Corporation (BKH) Closes Weak at 57.05, Down -0.92

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The closing price of Black Hills Corporation (NYSE: BKH) was $57.05 for the day, down -0.92% from the previous closing price of $57.58. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 0.52 million shares were traded. BKH stock price reached its highest trading level at $58.8 during the session, while it also had its lowest trading level at $56.925.

Ratios:

Our analysis of BKH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.14.

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.

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 3932644608 and an Enterprise Value of 8301045248. As of this moment, Black’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.04, and their Forward P/E ratio for the next fiscal year is 13.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 20.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 3.885 whereas that against EBITDA is 11.101.

Stock Price History:

The Beta on a monthly basis for BKH is 0.68, which has changed by -0.12203753 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, BKH has reached a high of $66.54, while it has fallen to a 52-week low of $46.43. The 50-Day Moving Average of the stock is 6.49%, while the 200-Day Moving Average is calculated to be 7.44%.

Shares Statistics:

BKH traded an average of 519.86K shares per day over the past three months and 538310 shares per day over the past ten days. A total of 68.20M shares are outstanding, with a floating share count of 67.86M. Insiders hold about 0.63% of the company’s shares, while institutions hold 90.05% stake in the company. Shares short for BKH as of 1714435200 were 3214522 with a Short Ratio of 6.18, compared to 1711584000 on 2898610. Therefore, it implies a Short% of Shares Outstanding of 3214522 and a Short% of Float of 6.39.

Dividends & Splits

With its trailing 12-month dividend rate of 2.525, BKH has a forward annual dividend rate of 2.52. Against a Trailing Annual Dividend Yield of 0.04385203The stock’s 5-year Average Dividend Yield is 3.55. The current Payout Ratio is 63.98% for BKH, which recently paid a dividend on 2024-02-15 with an ex-dividend date of 1715817600. Stock splits for the company last occurred on 1998-03-11 when the company split stock in a 3:2 ratio.

Earnings Estimates

The market rating for Black Hills Corporation (BKH) is a result of the insights provided by 3.0 analysts actively involved in the assessment.On average, analysts expect EPS of $1.7 for the current quarter, with a high estimate of $1.83 and a low estimate of $1.63, 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 $3.9 for the fiscal current year, implying an average EPS of $3.91. EPS for the following year is $4.12, with 4.0 analysts recommending between $4.15 and $4.05.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $683.04M to a low estimate of $683.04M. As of the current estimate, Black Hills Corporation’s year-ago sales were $921.2MFor the next quarter, 1 analysts are estimating revenue of $510.6M. 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 $2.33BBased 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.

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