Black Hills Stock Buy Hold or Sell Recommendation
| BKH Stock | USD 52.46 0.73 1.41% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Black Hills is 'Hold'. Macroaxis provides Black Hills buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BKH positions. The advice algorithm takes into account all of Black Hills' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Black Hills' buy or sell advice are summarized below:
Real Value 56.57 | Target Price 61 | Hype Value 52.49 | Market Value 52.46 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Black Hills given historical horizon and risk tolerance towards Black Hills. When Macroaxis issues a 'buy' or 'sell' recommendation for Black Hills, the advice is generated through an automated system that utilizes algorithms and statistical models.
Black |
Execute Black Hills Buy or Sell Advice
The Black recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Black Hills. Macroaxis does not own or have any residual interests in Black Hills or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Black Hills' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Black Hills Trading Alerts and Improvement Suggestions
| The company has 4.4 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Black Hills has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Black Hills until it has trouble settling it off, either with new capital or with free cash flow. So, Black Hills' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Black Hills sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Hills' use of debt, we should always consider it together with cash and equity. | |
| Black Hills has a very strong financial position based on the latest SEC filings | |
| Over 88.0% of Black Hills shares are held by institutions such as insurance companies | |
| On 1st of March 2024 Black Hills paid $ 0.65 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Black Hills sawmill lays off workers and alleges Forest Service is to blame |
Black Hills Returns Distribution Density
The distribution of Black Hills' historical returns is an attempt to chart the uncertainty of Black Hills' future price movements. The chart of the probability distribution of Black Hills daily returns describes the distribution of returns around its average expected value. We use Black Hills price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Black Hills returns is essential to provide solid investment advice for Black Hills.
| Mean Return | 0.06 | Value At Risk | -2.62 | Potential Upside | 2.32 | Standard Deviation | 1.48 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Black Hills historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Black Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Black Hills is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Black Hills backward and forwards among themselves. Black Hills' institutional investor refers to the entity that pools money to purchase Black Hills' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 942.8 K | Northern Trust Corp | 2023-12-31 | 926.2 K | Aqr Capital Management Llc | 2023-12-31 | 921.3 K | Massachusetts Financial Services Company | 2023-12-31 | 904.2 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 887.6 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 872.8 K | Amvescap Plc. | 2023-12-31 | 825.8 K | Charles Schwab Investment Management Inc | 2023-12-31 | 780.5 K | Millennium Management Llc | 2023-12-31 | 776.4 K | Blackrock Inc | 2023-12-31 | 10.1 M | Vanguard Group Inc | 2023-12-31 | 8.1 M |
Black Hills Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (10.5M) | (2.9M) | 3.1M | 13.2M | 66.0M | 69.3M | |
| Free Cash Flow | (312.9M) | (225.5M) | (742.1M) | (19.6M) | 388.8M | 408.2M | |
| Other Non Cash Items | 17.6M | 11.5M | 14.2M | (4.4M) | 38.1M | 27.2M | |
| Dividends Paid | 124.6M | 135.4M | 145.0M | 156.7M | (168.1M) | (159.7M) | |
| Capital Expenditures | 818.4M | 767.4M | 677.5M | 604.4M | 555.6M | 359.3M | |
| Net Income | 213.3M | 242.8M | 251.3M | 270.8M | 262.2M | 275.3M | |
| End Period Cash Flow | 13.7M | 10.7M | 13.8M | 27.0M | 93M | 62.0M | |
| Change To Inventory | 2.1M | 2.8M | (35.7M) | (75.4M) | 51.4M | 54.0M | |
| Depreciation | 241.3M | 243.3M | 245.5M | 250.9M | 256.8M | 243.5M | |
| Net Borrowings | 358.1M | 275.9M | 591.6M | 115.4M | 132.7M | 182.7M | |
| Change To Netincome | 70.9M | 50.6M | 24.0M | 34.9M | 31.4M | 57.4M | |
| Change Receivables | 7.6M | (10.8M) | (43.2M) | (184.4M) | (166.0M) | (157.7M) | |
| Investments | (816.2M) | (761.7M) | (664.2M) | (603.9M) | (541.3M) | (568.4M) |
Black Hills Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Black Hills or Multi-Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Black Hills' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Black stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 1.14 | |
σ | Overall volatility | 1.49 | |
Ir | Information ratio | -0.0087 |
Black Hills Volatility Alert
Black Hills has relatively low volatility with skewness of -0.15 and kurtosis of 0.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Black Hills' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Black Hills' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Black Hills Fundamentals Vs Peers
Comparing Black Hills' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Black Hills' direct or indirect competition across all of the common fundamentals between Black Hills and the related equities. This way, we can detect undervalued stocks with similar characteristics as Black Hills or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Black Hills' fundamental indicators could also be used in its relative valuation, which is a method of valuing Black Hills by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Black Hills to competition |
| Fundamentals | Black Hills | Peer Average |
| Return On Equity | 0.0863 | -0.31 |
| Return On Asset | 0.0304 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.23 % | (5.51) % |
| Current Valuation | 7.98 B | 16.62 B |
| Shares Outstanding | 68.29 M | 571.82 M |
| Shares Owned By Insiders | 0.54 % | 10.09 % |
| Shares Owned By Institutions | 88.05 % | 39.21 % |
| Number Of Shares Shorted | 2.9 M | 4.71 M |
| Price To Earning | 19.38 X | 28.72 X |
| Price To Book | 1.11 X | 9.51 X |
| Price To Sales | 1.53 X | 11.42 X |
| Revenue | 2.33 B | 9.43 B |
| Gross Profit | 772.84 M | 27.38 B |
| EBITDA | 736.7 M | 3.9 B |
| Net Income | 262.2 M | 570.98 M |
| Cash And Equivalents | 21.43 M | 2.7 B |
| Cash Per Share | 0.16 X | 5.01 X |
| Total Debt | 4.4 B | 5.32 B |
| Debt To Equity | 1.50 % | 48.70 % |
| Current Ratio | 0.97 X | 2.16 X |
| Book Value Per Share | 47.15 X | 1.93 K |
| Cash Flow From Operations | 944.4 M | 971.22 M |
| Short Ratio | 4.84 X | 4.00 X |
| Earnings Per Share | 3.91 X | 3.12 X |
| Price To Earnings To Growth | 2.61 X | 4.89 X |
| Target Price | 60.2 | |
| Number Of Employees | 2.87 K | 18.84 K |
| Beta | 0.64 | -0.15 |
| Market Capitalization | 3.58 B | 19.03 B |
| Total Asset | 9.62 B | 29.47 B |
| Retained Earnings | 1.16 B | 9.33 B |
| Working Capital | (358.5 M) | 1.48 B |
Note: Disposition of 4901 shares by Linden Evans of Black Hills subject to Rule 16b-3 [view details]
Black Hills Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Black . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Black Hills Buy or Sell Advice
When is the right time to buy or sell Black Hills? Buying financial instruments such as Black Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 4.5B | 4.7B | 4.4B | 4.6B | Total Assets | 9.1B | 9.6B | 9.6B | 10.1B |
Use Investing Ideas to Build Portfolios
In addition to having Black Hills in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Real Estate Thematic Idea Now
Real Estate
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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Check out Black Hills Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.
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Is Black Hills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Black Hills. If investors know Black will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Black Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.057 | Dividend Share 2.5 | Earnings Share 3.91 | Revenue Per Share 34.796 | Quarterly Revenue Growth (0.25) |
The market value of Black Hills is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Hills' value that differs from its market value or its book value, called intrinsic value, which is Black Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Black Hills' market value can be influenced by many factors that don't directly affect Black Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Black Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.