Black Knight, Inc. (BKI) is an interesting player in the Consumer Goods space, with a focus on Paper & Paper Products. The stock has been active on the tape, currently trading at $50.20, up from yesterday’s close by 1.21%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Black Knight, Inc. (BKI) currently trades with a market capitalization of $7.40 Billion. That value represents a market adjusting for revenues that have been growing by 4.73 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $323.7 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.4 on a per share basis this quarter. Perhaps, that suggests something about why 5.72% of the outstanding share supply is held by institutional investors.
As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Black Knight, Inc. recorded a 52-week high of $53.00. It is now trading 2.8% off that level. The stock is trading $48.39 its 50-day moving average by -1.81%. The stock carved out a 52-week low down at $41.10.
In recent action, Black Knight, Inc. (BKI) has made a move of +5.02% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 12.84, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.85% with $141.21 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of BKI.