The price of Black Hills Corporation (NYSE:BKH) shares last traded on Wall Street rose 0.80% to $59.58.
BKH stock price is now -1.31% away from the 50-day moving average and 2.93% away from the 200-day moving average. The market capitalization of the company currently stands at $4.26B.
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With the price target maintained at $53, Mizuho recently Upgraded its rating from Underperform to Neutral for Black Hills Corporation (NYSE: BKH). On February 10, 2023, RBC Capital Mkts Downgraded its previous ‘Outperform’ rating to ‘Sector Perform’ on the stock reducing its target price from $81 to quote $68, while ‘Sidoti’ rates the stock as ‘Neutral’
In other news, Roberts Rebecca B, Director sold 3,094 shares of the company’s stock on May 30 ’24. The stock was sold for $169,687 at an average price of $54.84. Upon completion of the transaction, the Director now directly owns 7,956 shares in the company, valued at $0.47 million. A total of 0.52% of the company’s stock is owned by insiders.
During the past 12 months, Black Hills Corporation has had a low of $49.33 and a high of $65.59. As of last week, the company has a debt-to-equity ratio of 1.24, a current ratio of 1.12, and a quick ratio of 0.83. According to the stock market information, the enterprise value for the company is $8603732992, which is based on a 16.02 price-to-earnings ratio, a 3.59 price-to-earnings-growth ratio, and a beta of 0.71. The fifty day moving average price for BKH is $60.3686 and a two-hundred day moving average price translates $57.8846 for the stock.
The latest earnings results from Black Hills Corporation (NYSE: BKH) was released for 2024-09-30. The net profit margin was 12.00% and return on equity was 7.70% for BKH. The company reported revenue of $401.6 million for the quarter, compared to $407.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.35 percent. For the current quarter, analysts expect BKH to generate $944M in revenue.
