Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Black Hills Corporation (NYSE: BKH) closed at $56.19 down -0.41% from its previous closing price of $56.42. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 0.56 million shares were traded. BKH stock price reached its highest trading level at $56.875 during the session, while it also had its lowest trading level at $55.8.
Ratios:
For a deeper understanding of Black Hills Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 205.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.23.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 30 ’24 when Roberts Rebecca B sold 3,094 shares for $54.84 per share. The transaction valued at 169,687 led to the insider holds 7,956 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 4021698048 and an Enterprise Value of 8361100288. As of this moment, Black’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.11, and their Forward P/E ratio for the next fiscal year is 13.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 3.94 whereas that against EBITDA is 11.309.
Stock Price History:
Over the past 52 weeks, BKH has reached a high of $65.59, while it has fallen to a 52-week low of $49.33. The 50-Day Moving Average of the stock is -7.36%, while the 200-Day Moving Average is calculated to be -2.71%.
Shares Statistics:
For the past three months, BKH has traded an average of 494.45K shares per day and 502120 over the past ten days. A total of 71.58M shares are outstanding, with a floating share count of 71.20M. Insiders hold about 0.52% of the company’s shares, while institutions hold 85.21% stake in the company. Shares short for BKH as of 1734048000 were 1983395 with a Short Ratio of 4.01, compared to 1731628800 on 2099022. Therefore, it implies a Short% of Shares Outstanding of 1983395 and a Short% of Float of 3.74.
Dividends & Splits
According to the company, the forward annual dividend rate for BKH is 2.60, from 2.575 in the trailing year. Against a Trailing Annual Dividend Yield of 0.045639846The stock’s 5-year Average Dividend Yield is 3.78.
