Analyst Ratings for Black Hills Corp. (BKH)

Updated: 2017-07-28

Shares of Black Hills Corp. (NYSE:BKH) have received a consensus rating of Buy from Wall Street analysts. BKH had previously received a consensus rating of Buy a month ago.

A buy rating was issued by 6 analysts, 0 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for BKH by the analysts covering the stock. The most optimistic price target was 76, implying potential capital gains of 8.85 percent. The lowest price target was 70, implying a possible loss of 0.26 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.92 percent. The average change in earnings estimates over the last 90 days is -2.5 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.28 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.14 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

BKH has an estimated earnings growth rate of 77.04 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. BKH has a PEG ratio of 0.46.

In the trailing 52-weeks, BKH hit 72.02 at the highest peak, while it's lowest trading point was 54.76. Today's price is 27.5 percent above the 52-week low, and below the high by 3.05 percent. BKH has a price/earnings ratio of 35.09. Investors typically compare the P/E ratio to a company's peers in the industry. The BKH value stock report compares BKH to some of its peers using value stock charts. The stock has a market capitalization of $3.73 billion. BKH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.