Shares of Black Knight Financial Services, Inc. (NYSE:BKFS) have been assigned a consensus rating of “Buy” from the ten research firms that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $46.40.

Several analysts have recently commented on BKFS shares. Zacks Investment Research cut Black Knight Financial Services from a “buy” rating to a “hold” rating in a report on Monday, June 5th. Sidoti reissued an “overweight” rating and issued a $48.00 price target (up from $45.00) on shares of Black Knight Financial Services in a report on Friday, July 21st. Wells Fargo & Company reissued an “outperform” rating and issued a $47.00 price target (up from $43.50) on shares of Black Knight Financial Services in a report on Friday, July 21st. Knight Equity reissued a “hold” rating on shares of Black Knight Financial Services in a report on Wednesday, July 19th. Finally, BidaskClub cut Black Knight Financial Services from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th.

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Black Knight Financial Services (NYSE:BKFS) opened at 42.35 on Friday. The firm has a 50-day moving average price of $42.18 and a 200-day moving average price of $40.13. Black Knight Financial Services has a one year low of $34.00 and a one year high of $43.70. The firm has a market capitalization of $2.83 billion, a P/E ratio of 74.69 and a beta of 0.75.

Black Knight Financial Services (NYSE:BKFS) last posted its quarterly earnings results on Wednesday, July 19th. The technology company reported $0.33 EPS for the quarter, meeting the consensus estimate of $0.33. The business had revenue of $263.40 million during the quarter, compared to analysts’ expectations of $265.24 million. Black Knight Financial Services had a return on equity of 8.29% and a net margin of 3.96%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm earned $0.29 EPS. Equities analysts anticipate that Black Knight Financial Services will post $1.37 earnings per share for the current year.

In related news, CEO Thomas J. Sanzone sold 30,000 shares of Black Knight Financial Services stock in a transaction on Monday, July 17th. The stock was sold at an average price of $41.75, for a total transaction of $1,252,500.00. Following the completion of the transaction, the chief executive officer now directly owns 871,990 shares of the company’s stock, valued at $36,405,582.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 30.91% of the company’s stock.

A number of hedge funds have recently modified their holdings of the stock. Bbva Compass Bancshares Inc. raised its holdings in Black Knight Financial Services by 0.8% during the second quarter. Bbva Compass Bancshares Inc. now owns 15,323 shares of the technology company’s stock worth $628,000 after purchasing an additional 116 shares during the last quarter. Stifel Financial Corp raised its holdings in Black Knight Financial Services by 0.4% during the second quarter. Stifel Financial Corp now owns 44,336 shares of the technology company’s stock worth $1,816,000 after purchasing an additional 173 shares during the last quarter. First Bank & Trust raised its holdings in Black Knight Financial Services by 9.5% during the second quarter. First Bank & Trust now owns 2,986 shares of the technology company’s stock worth $122,000 after purchasing an additional 260 shares during the last quarter. Forward Management LLC raised its holdings in Black Knight Financial Services by 4.6% during the second quarter. Forward Management LLC now owns 6,116 shares of the technology company’s stock worth $250,000 after purchasing an additional 269 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its holdings in Black Knight Financial Services by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 2,843 shares of the technology company’s stock worth $116,000 after purchasing an additional 337 shares during the last quarter. 99.88% of the stock is owned by hedge funds and other institutional investors.

Black Knight Financial Services Company Profile

Black Knight Financial Services, Inc is a holding company. The Company, through its subsidiaries, provides integrated technology, workflow automation, and data and analytics to the mortgage and real estate industries. The Company’s segments include Technology, and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing, loan origination and settlement services.

Analyst Recommendations for Black Knight Financial Services (NYSE:BKFS)

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