During the last session, Black Knight Inc. (NYSE:BKI)’s traded shares were 0.51 million, with the beta value of the company hitting 0.73. At the end of the trading day, the stock’s price was $75.89, reflecting an intraday loss of -0.41% or -$0.31. The 52-week high for the BKI share is $97.19, that puts it down -28.07 from that peak though still a striking 7.76% gain since the share price plummeted to a 52-week low of $70.00. The company’s market capitalization is $11.82B, and the average intraday trading volume over the past 10 days was 0.54 million shares, and the average trade volume was 775.17K shares over the past three months.
Black Knight Inc. (BKI) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 1.80. BKI has a Sell rating from 0 analyst(s) out of 13 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 8 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.54.
Black Knight Inc. (NYSE:BKI) trade information
Black Knight Inc. (BKI) registered a -0.41% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.41% in intraday trading to $75.89 this Friday, 09/03/21, hitting a weekly high. The stock’s 5-day price performance is 0.74%, and it has moved by -6.20% in 30 days. Based on these gigs, the overall price performance for the year is -7.13%. The short interest in Black Knight Inc. (NYSE:BKI) is 4.23 million shares and it means that shorts have 3.65 day(s) to cover.
The consensus price target of analysts on Wall Street is $95.50, which implies an increase of 20.53% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $85.00 and $107.00 respectively. As a result, BKI is trading at a discount of -40.99% off the target high and -12.0% off the low.
Black Knight Inc. (BKI) estimates and forecasts
Statistics show that Black Knight Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Black Knight Inc. (BKI) shares have gone up 3.82% during the last six months, with a year-to-date growth rate less than the industry average at 7.11% against 17.10. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 3.80% this quarter and then jump 9.60% in the quarter after that. In the rating firms’ projections, revenue will increase 17.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $350 million as predicted by 12 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to $370.45 million by the end of Sep 2021.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 67.50%. While earnings are projected to return 135.90% in 2021, the next five years will return 9.10% per annum.
Black Knight Inc. is due to release its next quarterly earnings between November 08 and November 12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Black Knight Inc. (NYSE:BKI)’s Major holders
Black Knight Inc. insiders own 3.19% of total outstanding shares while institutional holders control 91.59%, with the float percentage being 94.60%. Price (T.Rowe) Associates Inc is the largest shareholder of the company, while 638 institutions own stock in it. As of Mar 30, 2021, the company held over 19.15 million shares (or 12.22% of all shares), a total value of $1.42 billion in shares.
The next largest institutional holding, with 14.16 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 9.04% of outstanding shares. At the market price on Mar 30, 2021, these shares were valued at $1.05 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Black Knight Inc. (BKI) shares are Principal Mid Cap Fund and Vanguard Total Stock Market Index Fund. Data provided on Jan 30, 2021 indicates that Principal Mid Cap Fund owns about 6.28 million shares. This amounts to just over 4.01 percent of the company’s overall shares, with a $513.33 million market value. The same data shows that the other fund manager holds slightly less at 4.21 million, or about 2.69% of the stock, which is worth about $311.61 million.