Black Knight, Inc. (NYSE:BKI) Given Average Recommendation of “Hold” by Brokerages

Shares of Black Knight, Inc. (NYSE:BKI – Get Rating) have been given an average recommendation of “Hold” by the seven brokerages that are covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation. The average twelve-month target price among brokers that have covered the stock in the last year is $75.83.

A number of research analysts have commented on the stock. Barclays reiterated an “equal weight” rating and set a $65.00 price target on shares of Black Knight in a research report on Friday, December 2nd. Keefe, Bruyette & Woods raised their price target on Black Knight from $66.00 to $69.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 14th.

Black Knight Stock Up 4.0 %

BKI stock opened at $60.61 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.04. The company’s 50 day moving average is $60.56 and its 200 day moving average is $63.06. The stock has a market cap of $9.46 billion, a price-to-earnings ratio of 19.00, a price-to-earnings-growth ratio of 7.16 and a beta of 0.54. Black Knight has a 1-year low of $52.00 and a 1-year high of $79.78.

Black Knight (NYSE:BKI – Get Rating) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.13). Black Knight had a net margin of 31.88% and a return on equity of 14.53%. The business had revenue of $386.70 million for the quarter, compared to the consensus estimate of $408.65 million. Sell-side analysts predict that Black Knight will post 2.15 EPS for the current fiscal year.

Hedge Funds Weigh In On Black Knight

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thompson Investment Management Inc. lifted its position in Black Knight by 9.3% during the fourth quarter. Thompson Investment Management Inc. now owns 11,736 shares of the company’s stock valued at $725,000 after buying an additional 1,000 shares during the period. Procyon Advisors LLC lifted its position in Black Knight by 8.5% during the fourth quarter. Procyon Advisors LLC now owns 3,862 shares of the company’s stock valued at $238,000 after buying an additional 304 shares during the period. Godsey & Gibb Inc. purchased a new position in Black Knight during the fourth quarter valued at $311,000. Ronald Blue Trust Inc. lifted its position in Black Knight by 92.2% during the fourth quarter. Ronald Blue Trust Inc. now owns 3,495 shares of the company’s stock valued at $226,000 after buying an additional 1,677 shares during the period. Finally, Gateway Investment Advisers LLC lifted its position in Black Knight by 0.7% during the fourth quarter. Gateway Investment Advisers LLC now owns 52,019 shares of the company’s stock valued at $3,212,000 after buying an additional 376 shares during the period. Hedge funds and other institutional investors own 87.73% of the company’s stock.

Black Knight Company Profile

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Black Knight, Inc provides integrated software, data, and analytics solutions in North America and Internationally. The Software Solutions segment offers software and hosting solutions comprising MSP, a software as a service application platform for mortgage, home equity loans, and lines of credit; Servicing Digital, a web and mobile solution for consumers that provides easy access to customized timely information about their mortgages; Loss Mitigation, an integrated solution that supports retention and liquidation workouts; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and HELOCs.