Black Knight, Inc. to Report Fiscal 2021 Earnings of $2.12 Per Share, Jefferies Financial Group Forecasts (NYSE:BKI)

Black Knight, Inc. (NYSE:BKI) – Jefferies Financial Group released its fiscal 2021 earnings per share estimates for Black Knight in a report released Tuesday, February 8. Jefferies Financial Group analyst S. Thind predicts the company will earn $2.12 per share for the year. Jefferies Financial Group currently has a “Hold” rating and a price target of $71.00 on the stock. Jefferies Financial Group also released estimates for Black Knight Q4 2021 earnings at $0.57 EPS, Q1 2022 earnings at $0.59 EPS, Q2 2022 earnings at $0.60 EPS, Q3 2022 earnings at $0.62 EPS, Q4 2022 earnings at $0.63 EPS, FY 2022 earnings at $2.45 EPS, FY 2023 earnings at $2.71 EPS and earnings of fiscal year 2024 at $2.98 EPS. Black Knight Inc (NYSE:BKI) last released its quarterly earnings data on Sunday, November 7. The company reported earnings per share of $0.60 for the quarter, beating the Zacks consensus estimate of $0.57 by $0.03. Black Knight had a net margin of 13.58% and a return on equity of 12.92%. The company posted revenue of $378.00 million for the quarter, versus analyst estimates of $370.63 million. In the same quarter a year earlier, the company had earned earnings per share of $0.47. The company’s quarterly revenue increased by 20.9% compared to the same quarter last year.

Several other analysts have also recently commented on the stock. Zacks Investment Research downgraded Black Knight shares from a “hold” rating to a “sell” rating in a Tuesday, February 1 research report. Raymond James raised his price target on Black Knight shares from $83.00 to $91.00 and gave the company an “outperform” rating in a Tuesday, Nov. 9 research note. One equity research analyst rated the stock with a sell rating, two gave the company’s stock a hold rating and four gave the company’s stock a buy rating. According to data from MarketBeat.com, Black Knight has an average rating of “Hold” and an average price target of $89.67.

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This company aims to delay aging and now has an exciting Phase 2 trial on the way!

BKI shares opened at $71.21 on Thursday. Black Knight has a 12-month low of $68.52 and a 12-month high of $87.78. The company has a market capitalization of $11.06 billion, a PE ratio of 57.43, a growth price-earnings ratio of 2.53 and a beta of 0.76. The company’s 50-day moving average is $76.77 and its two-hundred-day moving average is $75.16. The company has a debt ratio of 1.09, a current ratio of 1.35 and a quick ratio of 1.35.

A number of hedge funds have recently changed their stock holdings. Ellevest Inc. acquired a new position in Black Knight stock in Q4 valued at approximately $27,000. Counterpoint Mutual Funds LLC acquired a new position in Black Knight during Q4 worth approximately $29,000. Lazard Asset Management LLC acquired a new stake in Black Knight during the 4th quarter for a value of approximately $29,000. Huntington National Bank increased its stake in Black Knight by 235.2% during the third quarter. Huntington National Bank now owns 352 shares of the company worth $25,000 after buying 247 more shares in the last quarter. Finally, FIL Ltd bought a new position in shares of Black Knight in the third quarter worth approximately $32,000. Institutional investors and hedge funds hold 90.18% of the company’s shares.

About the Dark Knight

Black Knight, Inc is committed to providing integrated software, data and analytics solutions. It operates through Software Solutions and Data and Analytics segments. The Software Solutions segment offers software and hosting solutions that support loan management, loan origination and settlement services.

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