Black Knight Financial Services Inc (BKFS) was Reiterated by Mizuho to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 36 from a previous price target of $29 . Mizuho advised their investors in a research report released on Jul 21, 2016.
On the company’s financial health, Black Knight Financial Services Inc reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 20, 2016. Analyst had a consensus of $0.28. The company had revenue of $255.50 million for the quarter, compared to analysts expectations of $252.20 million. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Black Knight Financial Services Inc opened for trading at $38.52 and hit $39 on the upside on Wednesday, eventually ending the session at $38.71, with a gain of 0.97% or 0.37 points. The heightened volatility saw the trading volume jump to 1,05,550 shares. Company has a market cap of $5,958 M.
In a different news, on Jun 30, 2016, David K Hunt (director) sold 10,627 shares at $36.50 per share price. According to the SEC, on Jun 24, 2016, Anthony Orefice (Chief Operating Officer) sold 42,125 shares at $35.00 per share price. On Jun 24, 2016, William P Ii Foley (Chairman) sold 46,659 shares at $34.35 per share price, according to the Form-4 filing with the securities and exchange commission.
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 industry. The Company operates through two segments: Technology and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing which includes the core mortgage servicing specialty mortgage servicing including loss mitigation and default workflow management loan origination and settlement services. Its Data and Analytics segment offers solutions support its technology products in the mortgage real estate and capital markets industries. These solutions include property ownership data lien data servicing data automated valuation models collateral risk scores prepayment and default models lead generation and other data solutions. Its subsidiaries include Black Knight InfoServ LLC and Black Knight Financial Services LLC.