Home  »  Industry   »  Black Hills Corporation (BKH) – Don’t ...

Black Hills Corporation (BKH) – Don’t Be So Quick to Call it Dead

Black Hills Corporation (NYSE: BKH) is -12.62% lower on its value in year-to-date trading and has touched a low of $59.08 and a high of $80.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BKH stock was last observed hovering at around $61.54 in the last trading session, with the day’s loss setting it -0.08%.

Currently trading at $61.46, the stock is -1.13% and -8.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.66 million and changing -0.13% at the moment leaves the stock -12.64% off its SMA200. BKH registered -13.64% loss for a year compared to 6-month loss of -20.18%.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

The stock witnessed a -3.52% gain in the last 1 month and extending the period to 3 months gives it a -13.34%, and is 0.18% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.52% over the week and 2.13% over the month.

Black Hills Corporation (BKH) has around 2982 employees, a market worth around $4.14B and $2.55B in sales. Current P/E ratio is 15.45 and Fwd P/E is 15.81. Profit margin for the company is 10.10%. Distance from 52-week low is 4.04% and -24.08% from its 52-week high. The company has generated returns on investments over the last 12 months (5.60%).

Black Hills Corporation (BKH) Analyst Forecasts

The EPS is expected to grow by 6.30% this year

Black Hills Corporation (BKH) Top Institutional Holders

The shares outstanding are 65.27M, and float is at 64.68M with Short Float at 2.84%.

Black Hills Corporation (BKH) Insider Activity

A total of 15 insider transactions have happened at Black Hills Corporation (BKH) in the last six months, with sales accounting for 2 and purchases happening 13 times. The most recent transaction is an insider sale by Roberts Rebecca B, the company’s Director. SEC filings show that Roberts Rebecca B sold 500 shares of the company’s common stock on May 20 at a price of $73.62 per share for a total of $36810.0. Following the sale, the insider now owns 6445.0 shares.

Black Hills Corporation (BKH): Who are the competitors?

The company’s main competitors (and peers) include Ameren Corporation (AEE) that is trading -2.45% down over the past 12 months and Xcel Energy Inc. (XEL) that is -3.17% lower over the same period. Alliant Energy Corporation (LNT) is -11.98% down on the 1-year trading charts.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts