(BKH) Black Hills - Ratings and Ratios

Black Hills Corporation is a multi-utility company operating in the United States, providing essential services to a vast customer base across several states. The companys diversified operations span across electric and gas utilities, generating, transmitting, and distributing energy to approximately 1.35 million customers. With a strong presence in the regions it serves, Black Hills Corporation owns and operates a significant infrastructure, including generation capacity, transmission and distribution lines, and natural gas storage facilities.

The companys Electric Utilities segment is a significant player in the region, serving around 225,000 customers across Colorado, Montana, South Dakota, and Wyoming. With a generation capacity of 1,394 megawatts, Black Hills Corporation is well-positioned to meet the energy demands of its customers. The Gas Utilities segment, on the other hand, serves a much larger customer base, with approximately 1,128,000 natural gas utility customers across several states. The companys extensive infrastructure, including 44,524 miles of gas distribution mains and service lines, underscores its commitment to providing reliable and efficient services.

In addition to its utility operations, Black Hills Corporation is also involved in power generation and coal production. The companys generating plants, which utilize wind, natural gas, and coal as fuel sources, have a combined capacity that supports its electric utility operations. The coal mine near Gillette, Wyoming, provides a stable source of fuel for the companys coal-fired generating plants. With a long history dating back to 1941, Black Hills Corporation has established itself as a reliable and experienced player in the energy sector.

Analyzing the and , we can observe that Black Hills Corporations stock price has been relatively stable, with a current price of 57.17. The SMA20, SMA50, and SMA200 indicators suggest a slightly bearish trend, with the short-term moving averages below the long-term averages. However, the ATR of 1.06 (1.85%) indicates moderate volatility. The companys market capitalization stands at approximately $4.24 billion, with a P/E ratio of 14.97 and a forward P/E of 14.20. The RoE of 8.02% suggests a relatively stable return on equity.

Based on the analysis of the and , we forecast that Black Hills Corporations stock price is likely to experience a moderate increase in the near term, driven by the companys stable operations and relatively attractive valuation. The P/E ratio and forward P/E suggest that the stock is reasonably priced, while the RoE indicates a stable return on equity. However, the slightly bearish trend indicated by the moving averages may continue to exert downward pressure on the stock price. We expect the stock price to trade within a range of $55-$60 in the short term, with a potential breakout above $60 if the companys operational performance continues to be stable and the overall market sentiment improves.