The diversified energy company reported earlier this month fourth-quarter earnings of $26.5 million, or 62 cents a share, an increase from year-earlier earnings of $16.3 million, or 41 cents."We are hoisting our 12-18 month price target from $34 to $35, in order to recognize the earnings growth potential of a number of capital projects that the company is planning, which could push the five-year EPS growth prospect well above the 6% rate that we have been carrying," D.A. Davidson analysts wrote in a Feb. 7 report. "Our new target equates to ~16x (previously 15.5x) the average of our 2012 and 2013 EPS estimates. At the current share price we are maintaining a NEUTRAL rating." Forward Annual Dividend Yield: 4.2% Rated "B (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margins were basically the same as a year ago. Black Hills has very weak liquidity. Its Quick Ratio is 0.36, which demonstrates a lack of ability to meet its short-term cash needs. In the third quarter, stockholders' net worth remained about the same as it did the prior year. TheStreet Ratings' price target is $39.20. The stock closed Friday at $34.99 and has increased 4.2% year to date.
MarketAxess The electronic trading platform reported earlier this month fourth-quarter earnings of $11.5 million, or 29 cents a share, an increase from year-earlier earnings of $8.9 million, or 23 cents. "The structural trend of more small-sized trades over block trades being executed across the industry favors the MKTX model," Keefe, Bruyette & Woods analysts wrote in a Feb. 1 report. "However, dealer inventory and willingness to take risk still give us pause as 75-80% of dollar volume executed on MKTX's platform is still with the large dealers." Forward Annual Dividend Yield: 1.4% Rated "A+ (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the prior year. In the fourth quarter, stockholders' net worth increased 17.99% from the previous year. TheStreet Ratings' price target is $44.60. The stock closed Friday at $32.23 and has risen 7.04% year to date.
>To contact the writer of this article, click here: Alexandra Zendrian >To submit a news tip, send an email to: email@example.com. >To follow the writer on Twitter, go to Alexandra Zendrian.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV