Q1 2018 EPS Estimates for Black Knight Inc Increased by Wedbush (BKI)

Black Knight Inc (NYSE:BKI) – Analysts at Wedbush lifted their Q1 2018 earnings per share estimates for Black Knight in a research report issued to clients and investors on Thursday. Wedbush analyst J. Weaver now expects that the company will earn $0.37 per share for the quarter, up from their prior estimate of $0.35. Wedbush currently has a “Neutral” rating and a $50.00 target price on the stock. Wedbush also issued estimates for Black Knight’s Q2 2018 earnings at $0.43 EPS, Q3 2018 earnings at $0.45 EPS and Q4 2018 earnings at $0.47 EPS.

Several other equities research analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Black Knight from a “buy” rating to a “hold” rating in a report on Monday, November 6th. Deutsche Bank raised shares of Black Knight from a “hold” rating to a “buy” rating and upped their target price for the stock from $42.00 to $52.00 in a report on Tuesday, January 2nd. Knight Equity raised shares of Black Knight from a “market perform” rating to a “buy” rating and upped their target price for the stock from $42.00 to $52.00 in a report on Tuesday, January 2nd. Barclays upped their target price on shares of Black Knight from $43.00 to $45.00 and gave the stock an “overweight” rating in a report on Thursday, November 2nd. Finally, Oppenheimer raised shares of Black Knight from a “market perform” rating to an “outperform” rating in a report on Thursday, January 4th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $50.78.

Shares of Black Knight (NYSE:BKI) opened at $45.85 on Monday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.90. Black Knight has a fifty-two week low of $37.10 and a fifty-two week high of $53.00. The firm has a market cap of $7,036.55, a PE ratio of 31.62, a PEG ratio of 2.26 and a beta of 0.83.

A number of large investors have recently modified their holdings of the business. Citadel Advisors LLC bought a new stake in Black Knight during the 4th quarter worth about $5,430,000. FDx Advisors Inc. bought a new stake in Black Knight during the 4th quarter worth about $213,000. Synovus Financial Corp bought a new stake in Black Knight during the 4th quarter worth about $204,000. American International Group Inc. bought a new stake in Black Knight during the 4th quarter worth about $687,000. Finally, Employees Retirement System of Texas bought a new stake in Black Knight during the 4th quarter worth about $5,411,000. 28.29% of the stock is currently owned by hedge funds and other institutional investors.

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Black Knight Company Profile

Black Knight, Inc 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.

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