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.

Investment analysts gave a few price targets for BKH. The most optimistic price target was 76, implying potential capital gains of 8.85 percent. The lowest price target was 70, which equates to a potential downside of 0.26 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.92 percent. That number becomes -2.5 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.28 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

BKH has an estimated earnings growth rate of 77.04 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 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. The current market price is above the trailing year's low by 27.5 percent, and 3.05 percent lower than its 52-week high. 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 market cap of BKH is $3.73 billion. BKH will post this quarters earnings in days, on 0000-00-00.