Black Knight Inc. (NYSE:BKI) went up by 0.59% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Software – Infrastructure giant went up by $72.70 to trade ended Monday trading at $72.27. This is up from the $72.27 price recorded on Thursday’s trading session. Thanks to this latest performance, BKI is closer to the higher price 52-week target of $88.00 and further from the lowest price target of $70.00. Its performance from the start of the year has also been positive, with BKI up by 12.75% year-to-date.
Black Knight Inc. (BKI) started the day trading at $72.73 and recorded an intraday high of $73.465. It also recorded an intraday low of $71.94 during Monday’s trading session. Black Knight Inc. is a very active stock that recorded a trading volume that is more than 23.13% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 1111445, which is more than 23.13 of the total average daily trading volume of 854.35K.
Black Knight Inc. (NYSE:BKI) 2020 Performance Impressive
The increase in BKI’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of BKI currently stands at $77.81, which is higher than the current trading price of the stock by 6.57%. However, BKI’s current trading price is -45.37% lower than the 52-week low price of $50.01. In terms of trading volume, Black Knight Inc. currently experienced healthy participation during the last trading session. 1111445 shares of Black Knight Inc. were traded on the stock exchange on Monday, which is more than 23.13% of the 854.35K average trading volume of the stock.
The performance of the stock has been positive over the past year. BKI’s performance over the past one year has seen it surge by 19.89%, while the stock has gone up by 13.22% in the last six months. The quarterly performance of BKI currently stands at 25.67%, and it is down by -0.05% in the last month. The only positive figure was from the weekly performance, which currently reads 0.11%. At the time of writing BKI’s report, the company has a total market cap of $11.43B, making it one of the largest publicly-traded companies in the world.Black Knight Inc. also has over 4900 employees all over the world.
BKI Insider Activities
For Black Knight Inc., insiders hold 88.50% of all company shares. The insider transactions over the past six months are down by -4.80%. During that period, insiders bought 238,276 shares in 14 transactions. In that same period, insiders sold 713,027 of their shares in 29 transactions. After these transactions, insiders at Black Knight Inc. now hold 5.8M shares, which is over 93.88% of the total company stocks. Institutional investors currently hold a large chunk of the BKI shares, as they control 3.91% of the company’s total stock.
BKI Fundamental Analysis
For Black Knight Inc., the stock’s diluted earnings per share (EPS) stands at 0.90. In the coming year, analysts expect the EPS to be 2.26. The EPS growth will up over the next five years to 11.09% after surging by 21.29% in the previous five years. In terms of revenue, Black Knight Inc.’s quarterly sales (YOY) is growing at 0.47, which is lower than the average annual revenue of 21.29% over the past half a decade.
The Return on Investment (ROI) on Black Knight Inc.’s stock currently stands at 7.20%.
BKI Analysts Prediction
Analysts at Goldman believe that BKI is Buy, and they have a price target of between $58 and $68. Compass Point and Compass Point also believe that Black Knight Inc.’s stock is outperforming at the moment. BKI received a positive rating from Compass Point, which set a price target of $55.50-$59.75 for the stock.
At the moment, Black Knight Inc.’s Total Debt to Equity ratio stands at 0.85, and they have a long-term Debt to Equity ratio of 0.81.
BKI Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BKI currently stands at -0.83%, while the SMA50 is -0.59%. The biggest one is the SMA200, which is currently reading 10.26% ahead of Monday’s trading session. The Relative Strength Index of this stock is 48.41, while its price to earnings ratio (P/E) is 81.23.