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 maximum price target given 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 advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.14 percent.

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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. It's possible to gain additional insight about growth valuation of a company by looking at the 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, though it could be better to see where the ratio stands relative to peers in the industry. 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. Currently the stock is 27.5 percent higher than its low, and 3.05 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.