Headlines about Black Knight Financial Services (NYSE:BKFS) have trended positive recently, AlphaOne reports. AlphaOne, a division of Accern, ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Black Knight Financial Services earned a coverage optimism score of 0.36 on AlphaOne’s scale. AlphaOne also assigned news stories about the technology company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Alpha One Sentiment’s scoring:
- BLACK KNIGHT FINANCIAL SERVICES, INC. (NYSE:BKFS) Files An 8-K Other Events (4-traders.com)
- Black Knight Financial Services Inc (BKFS) Lifted to Buy at Zacks Investment Research (americanbankingnews.com)
- Black Knight Financial Services to Participate in Upcoming Investor Conferences (finance.yahoo.com)
- Black Knight Financial Services Inc (BKFS) CEO Sells $1,175,100.00 in Stock (americanbankingnews.com)
- AccountChek by FormFree Automates Asset Verification for Users of Black Knight Financial Services’ LoanSphere Empower Loan Origination System (send2press.com)
Black Knight Financial Services (NYSE:BKFS) last announced its quarterly earnings data on Wednesday, May 3rd. The technology company reported $0.30 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.30. The company had revenue of $259.50 million during the quarter, compared to analysts’ expectations of $256.46 million. Black Knight Financial Services had a net margin of 4.46% and a return on equity of 6.64%. The firm’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 EPS.
A number of brokerages recently issued reports on BKFS. Zacks Investment Research raised shares of Black Knight Financial Services from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research note on Thursday. Wedbush restated an “outperform” rating and issued a $44.00 target price on shares of Black Knight Financial Services in a research report on Monday, March 13th. Stephens upgraded shares of Black Knight Financial Services from an “equal weight” rating to an “overweight” rating in a research report on Thursday, February 2nd. Finally, Knight Equity restated a “hold” rating on shares of Black Knight Financial Services in a research report on Wednesday, February 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $41.00.
In other Black Knight Financial Services news, CEO Thomas J. Sanzone sold 30,000 shares of the stock in a transaction on Monday, April 17th. The shares were sold at an average price of $38.45, for a total transaction of $1,153,500.00. Following the completion of the sale, the chief executive officer now owns 841,990 shares of the company’s stock, valued at approximately $32,374,515.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 90,000 shares of company stock valued at $3,481,500 in the last three months. 30.91% of the stock is currently owned by corporate insiders.
About Black Knight Financial Services
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 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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