After Achieving 52-Week High, Is Black Knight, Inc. (BKI)’s Near-Term Analysis Positive?

January 13, 2018 - By Richard Conner

The stock of Black Knight, Inc. (NYSE:BKI) hit a new 52-week high and has $52.29 target or 5.00 % above today’s $49.80 share price. The 8 months bullish chart indicates low risk for the $7.64B company. The 1-year high was reported on Jan, 13 by Barchart.com. If the $52.29 price target is reached, the company will be worth $382.15 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.40% or $0.2 during the last trading session, reaching $49.8. About 446,196 shares traded. Black Knight, Inc. (NYSE:BKI) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Black Knight, Inc. (NYSE:BKI) to report earnings on February, 7. They expect $0.34 EPS, up 25.93 % or $0.07 from last year’s $0.27 per share. BKI’s profit will be $52.18 million for 36.62 P/E if the $0.34 EPS becomes a reality. After $0.35 actual EPS reported by Black Knight, Inc. for the previous quarter, Wall Street now forecasts -2.86 % negative EPS growth.

Black Knight, Inc. (NYSE:BKI) Ratings Coverage

Among 2 analysts covering Buckeye Technologies (NYSE:BKI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Buckeye Technologies had 2 analyst reports since October 5, 2017 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $45 target in Thursday, November 2 report. The firm has “Buy” rating given on Thursday, October 5 by Bank of America.

Another recent and important Black Knight, Inc. (NYSE:BKI) news was published by Gurufocus.com which published an article titled: “Confluence Investment Management Llc Buys Black Knight Inc, Axalta Coating …” on January 08, 2018.

Black Knight, Inc. provides integrated technology, workflow automation, and data and analytics to mortgage and real estate industries primarily in the United States. The company has market cap of $7.64 billion. The firm operates through two divisions, Technology; and Data and Analytics. It has a 73.67 P/E ratio. It offers software and hosting solutions, such as mortgage origination and servicing, processing, and workflow management software applications, as well as related support and services.

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