For its third fiscal quarter (ending September 30), Black Hills Corp (NYSE: BKH) has reported a -48% decline in E.P.S. from $0.67 a year ago to $0.35 in the current quarter. For the latest four quarters through September 30, E.P.S. were $3.70 compared to $3.85 a year ago — a decline of -4%.
Recent Price Action
Black Hills Corp (NYSE: BKH) stock enjoyed a large increase of 2.6% on 11/6/24. The stock closed at $60.36. Moreover, this advance was accompanied by exceptionally high trading volume at 227% of normal. Relative to the market the stock has been strong over the last nine months and has risen 0.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BKH is expected to continue to be a Value Builder.
Black Hills has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Black Hills has a slightly positive Appreciation Score of 61 and a good Power Rating of 77, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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