News articles about Black Hills (NYSE:BKH) have been trending somewhat positive on Friday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Black Hills earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 46.3795287738959 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several research firms have weighed in on BKH. Williams Capital upgraded Black Hills from a “hold” rating to a “buy” rating and dropped their price target for the company from $70.00 to $62.00 in a research note on Wednesday, January 10th. JPMorgan Chase downgraded Black Hills from an “overweight” rating to a “neutral” rating and set a $56.00 price target on the stock. in a research note on Wednesday, February 7th. Zacks Investment Research upgraded Black Hills from a “sell” rating to a “hold” rating in a research note on Tuesday, March 27th. Finally, Credit Suisse Group downgraded Black Hills from an “outperform” rating to a “neutral” rating and set a $66.00 price target on the stock. in a research note on Tuesday, January 9th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $64.13.
Shares of BKH opened at $54.51 on Friday. Black Hills has a 52 week low of $50.49 and a 52 week high of $72.02. The company has a current ratio of 0.88, a quick ratio of 0.70 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $2,913.37, a PE ratio of 16.22, a P/E/G ratio of 3.45 and a beta of 0.52.
Black Hills (NYSE:BKH) last issued its earnings results on Thursday, February 1st. The utilities provider reported $0.98 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.09). Black Hills had a return on equity of 10.10% and a net margin of 10.83%. The company had revenue of $455.30 million during the quarter, compared to analysts’ expectations of $504.05 million. research analysts predict that Black Hills will post 3.41 EPS for the current fiscal year.
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About Black Hills
Black Hills Corporation, through its subsidiaries, operates as a vertically-integrated utility company in the United States. The company's Electric Utilities segment generates, transmits, and distributes electricity to approximately 210,000 electric customers in South Dakota, Wyoming, Colorado, and Montana.
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