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.

A number of analysts gave price targets for BKH. The highest price target was 76, implying a possible profit of 8.85 percent. The most pessimistic price target was 70, implying potential capital losses of 0.26 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.92 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.5 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.28 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.14 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

BKH has an estimated earnings growth rate of 77.04 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BKH is 0.46.

BKH has traded between a high of 72.02 and a low of 54.76 over the past year. 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's next earnings release will be on 0000-00-00, which is days away.