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, which equates to a potential upside of 8.85 percent. The minimum price target given was 70, implying a possible loss 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. 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. If we look at the last 90 days instead, we find a net average change of -0.14 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their 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. 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.
Analysts estimate earnings of BKH to grow at a rate of 77.04 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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. The PEG ratio of BKH is 0.46.
BKH has a 52-week high of 72.02 and a 52-week low of 54.76. Currently the stock is 27.5 percent higher than its low, and below the high by 3.05 percent. BKH has a P/E 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.