Black Hills Return On Equity vs. Shares Owned By Insiders
| BKH Stock | USD 55.63 1.12 1.97% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.0815476 | Current Value 0.11 | Quarterly Volatility 0.03838161 |
For Black Hills profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Black Hills to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Black Hills utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Black Hills's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Black Hills over time as well as its relative position and ranking within its peers.
Black |
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 0.082 | Dividend Share 2.525 | Earnings Share 3.97 | Revenue Per Share 31.628 | Quarterly Revenue Growth (0.21) |
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.
Black Hills Shares Owned By Insiders vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Black Hills's current stock value. Our valuation model uses many indicators to compare Black Hills value to that of its competitors to determine the firm's financial worth. Black Hills is rated fourth in return on equity category among related companies. It is rated fifth in shares owned by insiders category among related companies making about 6.55 of Shares Owned By Insiders per Return On Equity. As of now, Black Hills' Return On Equity is increasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Black Hills by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Black Hills' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Black Hills' earnings, one of the primary drivers of an investment's value.Black Shares Owned By Insiders vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Black Hills |
| = | 0.0877 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Black Hills |
| = | 0.57 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Black Shares Owned By Insiders Comparison
Black Hills is currently under evaluation in shares owned by insiders category among related companies.
Black Hills Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Black Hills, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Black Hills will eventually generate negative long term returns. The profitability progress is the general direction of Black Hills' change in net profit over the period of time. It can combine multiple indicators of Black Hills, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -14.8 M | -15.5 M | |
| Operating Income | 479.9 M | 503.9 M | |
| Net Income | 262.2 M | 275.3 M | |
| Income Tax Expense | 25.6 M | 14.8 M | |
| Income Before Tax | 301.6 M | 316.7 M | |
| Total Other Income Expense Net | -178.3 M | -169.4 M | |
| Net Income Applicable To Common Shares | 297.2 M | 312 M | |
| Net Income From Continuing Ops | 268.7 M | 175.4 M | |
| Non Operating Income Net Other | 3 M | 4.3 M | |
| Interest Income | 6.3 M | 5.9 M | |
| Net Interest Income | -169.7 M | -178.2 M | |
| Change To Netincome | 31.4 M | 57.4 M | |
| Net Income Per Share | 3.91 | 4.11 | |
| Income Quality | 3.60 | 2.21 | |
| Net Income Per E B T | 0.87 | 0.53 |
Black Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Black Hills. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Black Hills position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Black Hills' important profitability drivers and their relationship over time.
Use Black Hills in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Black Hills position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Black Hills will appreciate offsetting losses from the drop in the long position's value.Black Hills Pair Trading
Black Hills Pair Trading Analysis
The ability to find closely correlated positions to Black Hills could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Hills when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Black Hills - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Black Hills to buy it.
The correlation of Black Hills is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Black Hills moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Hills moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Black Hills can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Black Hills position
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 Food Products Thematic Idea Now
Food Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 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 Food Products Theme or any other thematic opportunities.
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Check out Trending Equities. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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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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To fully project Black Hills' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Black Hills at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Black Hills' income statement, its balance sheet, and the statement of cash flows.