Black Hills Stock Target Price and Analyst Consensus

BKH Stock  USD 52.46  0.73  1.41%   
The current analyst and expert consensus on Black Hills is Buy, with only one strong buy opinion. The current projected Black Hills target price consensus is 61.00 with 4 analyst opinions. The most common way Black Hills analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Black Hills executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Black Hills. We encourage you to use your own analysis of Black Hills to validate this buy or sell advice. Black Hills buy-or-sell recommendation module provides average expert sentiment on the projected Black Hills target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Black Hills to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.
Lowest Forecast
55.51
Highest Forecast
67.71
Target Price
61
The Black Hills' current Gross Profit Margin is estimated to increase to 0.28, while Gross Profit is projected to decrease to under 312.7 M. As of now, Black Hills' Total Stockholder Equity is increasing as compared to previous years. The Black Hills' current Property Plant And Equipment Net is estimated to increase to about 7.5 B, while Common Stock Shares Outstanding is projected to decrease to under 38.9 M.
  
It's important to approach Black Hills' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Black Hills Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Black target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Black Hills' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   4  Buy
Most Black analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Black stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Black Hills, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Black Hills Target Price Projection

Black Hills' current and average target prices are 52.46 and 61.00, respectively. The current price of Black Hills is the price at which Black Hills is currently trading. On the other hand, Black Hills' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Black Hills Market Quote on 18th of April 2024

Low Price51.74Odds
High Price52.56Odds

52.46

Target Price

Analyst Consensus On Black Hills Target Price

Low Estimate55.51Odds
High Estimate67.71Odds

61.0

Historical Lowest Forecast  55.51 Target Price  61.0 Highest Forecast  67.71
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Black Hills and the information provided on this page.

Black Hills Analyst Ratings

Black Hills' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Black Hills stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Black Hills' financials, market performance, and future outlook by experienced professionals. Black Hills' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Black Hills price targets

Black Hills' stock target price is an estimate of its future price, usually made by analysts. Using Black Hills' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Black Hills' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Black Hills' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Black Hills Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Black Hills is a key component of Black Hills valuation and have some predictive power on the future returns of a Black Hills.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Black Hills' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
50.2851.7653.24
Details
Intrinsic
Valuation
LowRealHigh
46.5656.3857.86
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.611.721.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Black Hills. Your research has to be compared to or analyzed against Black Hills' peers to derive any actionable benefits. When done correctly, Black Hills' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Black Hills.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 70 shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Momentum Idea
Momentum
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
When determining whether Black Hills offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Black Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Black Hills Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Black Hills Stock:
Check out Macroaxis Advice on Black Hills to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Black Stock analysis

When running Black Hills' price analysis, check to measure Black Hills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Black Hills is operating at the current time. Most of Black Hills' value examination focuses on studying past and present price action to predict the probability of Black Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Hills' price. Additionally, you may evaluate how the addition of Black Hills to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
CEOs Directory
Screen CEOs from public companies around the world
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
The data published in Black Hills' official financial statements usually reflect Black Hills' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Black Hills. For example, before you start analyzing numbers published by Black accountants, it's critical to develop an understanding of what Black Hills' liquidity, profitability, and earnings quality are in the context of the Multi-Utilities space in which it operates.
Please note, the presentation of Black Hills' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Black Hills' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Black Hills' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Black Hills. Please utilize our Beneish M Score to check the likelihood of Black Hills' management manipulating its earnings.