Black Knight Inc. (NYSE:BKI) finished Wednesday with a subtraction of -$0.5 to close at $66.82, a downside of -0.74 percent. An average of 1,025,260 shares of common stock have been traded in the last five days. There was a fall of -$1.48 in the past week, and it reached a new high 13 times over the past 12 months. The last 20 days have seen an average of 721,385 shares traded, while the 50-day average volume stands at 634,204.
BKI stock has decreased by -0.10% in the last month. The company shares reached their 1-month lowest point of $65.02 on 09/06/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $52.00 and a high of $84.27 in 52 weeks. It has reached a new high 1 time so far this year and lost -19.39% or -$16.07 in price. In spite of this, the price is down -20.71% from the 52-week high.
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Black Knight Inc. (BKI) has a trailing price-to-earnings (P/E) ratio of 20.02. The stock’s beta is 0.62. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 6.77, the price-to-book (PB) ratio at 4.13, and the price-to-cash flow ratio at 31.86.
The quick ratio of Black Knight Inc. for the three months ended March 30 was 1.20, and the current ratio was 1.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.09 and a total debt to equity ratio of 1.11 for the quarter ending March 30. Its gross profit as reported stood at $681.3 million compared to revenue of $1.48 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Black Knight Inc.’s return on assets was 8.40%.
For the three-month period that ended March 30, Black Knight Inc. had $2.74 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $40.3 million in the quarter, while revenues of $364.6 million were grew 1.49%. The analyst consensus anticipated Black Knight Inc.’s latest quarter earnings to come in at $0.6 per share, but it turned out to be $0.63, a 5.00% surprise. For the quarter, EBITDA amounted to $170.5 million. Shareholders own equity worth $156.03 million.
From a technical analysis perspective, let’s take a brief look at Black Knight Inc. (BKI) price momentum. RSI 9-day as of the close on 21 September was 46.17%, suggesting the stock is Neutral, with historical volatility in this time frame at 16.67%.
As of today, BKI’s price is $67.21 -2.17% or -$1.48 from its 5-day moving average. BKI is currently trading -0.12% lower than its 20-day SMA and +0.89% higher than its 100-day SMA. However, the stock’s current price level is +5.91% above the SMA50 and -9.24% below the SMA200.
The stochastic %K and %D were 54.72% and 58.29%, respectively, and the average true range (ATR) was 1.05. With the 14-day stochastic at 48.13% and the average true range at 1.11, the RSI (14) stands at 49.39%. The stock has reached -0.57 on the 9-day MACD Oscillator while the 14-day reading was at -0.06.
Keefe Bruyette downgraded Black Knight Inc. (NYSE: BKI) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Black Knight Inc. (BKI) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BKI, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 2 others rate it as a “buy”.
What is BKI’s price target for the next 12 months?
Analysts predict a range of price targets between $70.00 and $82.00, with a median target of $73.00. Taking a look at these predictions, the average price target given by analysts for Black Knight Inc. (BKI) stock is $74.50.