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BKI

60.89USD-0.27(-0.44%)Delayedas of 29 Nov 2022, 11:12 am

Black Knight, Inc.

Market Summary

USD60.89-0.27Delayedas of 29 Nov 2022, 11:12 am
-0.44%

BKI Stock Price

RSI Chart

Valuation

Market Cap

9.4B

Price/Earnings

18.12

Price/Sales

6.08

Price/Cashflow

27.62

MarketCap/EBT

40.73

Price/Sales

Profitability

EBT Margin

14.94%

Return on Equity

20.76%

Return on Assets

8.75%

Fundamentals

Revenue

Revenue (TTM)

1.5B

Revenue Y/Y

9.19%

Revenue Q/Q

1.89%

Earnings

Earnings (TTM)

519.0M

Earnings Y/Y

1.51%

Earnings Q/Q

-88.95%

Price Action

52 Week Range

52.0084.27
(Low)(High)

Last 7 days

0.1%

Last 30 days

1.5%

Last 90 days

-8.0%

Trailing 12 Months

-15.0%

Financial Health

Current Ratio

1.21

Debt/Equity

0.78

Debt/Cashflow

0.28

Investor Care

Buy Backs (1Y)

0.39%

Diluted EPS (TTM)

3.34

Peers (Alternatives to Black Knight)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.8B
16.9B
6.47% 14.11%
34.19
6.11
9.86% 12.25%
65.6B
17.4B
-0.82% 3.57%
31.53
3.78
9.89% 59.95%
35.6B
16.3B
0.13% -71.06%
-72.87
2.19
2.24% -185.26%
32.6B
19.3B
-4.20% -22.16%
14.44
1.69
10.57% 34.44%
21.6B
1.4B
-2.76% -17.95%
26.22
15.49
6.77% 34.71%
MID-CAP
7.1B
6.3B
1.75% 15.06%
19.36
1.13
3.99% -18.61%
6.9B
15.4B
-3.14% -5.08%
12.68
0.43
-8.73% 94.10%
5.9B
7.5B
2.55% 27.78%
22.72
0.79
3.56% -8.77%
2.1B
1.1B
-6.37% 19.23%
46.55
1.96
5.13% -31.88%
SMALL-CAP
1.8B
2.4B
-2.34% -25.72%
-3.25
0.84
60.22% 56.07%
1.0B
411.1M
1.63% -78.49%
-5.38
2.69
21.18% 4.38%
601.3M
2.0B
-54.00% -78.22%
-2.68
0.3
-6.20% 49.90%
484.1M
322.6M
-34.91% -64.52%
-71.86
1.5
10.82% -199.96%
282.0M
214.4M
-20.95% -45.49%
-110.97
1.33
1.07% -145.72%
89.0M
78.9M
-7.67% -54.39%
-10.41
1.14
20.00% -1729.41%

Financials for Black Knight

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue2.2%1,5461,5131,4751,4311,366
Operating Expenses2.2%1,2231,1971,1721,1481,106
Earnings Before Taxes1.9%231227213193177
Net Income0.1%519518208194269
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-0.2%5,9295,9436,3516,3676,166
  Current Assets12.3%345307352353369
    Cash Equivalents37.7%3828777889
  Net PPE-3.0%147151155154158
  Goodwill0.0%3,8173,8173,8173,8163,650
Liabilities-2.1%3,3813,4523,0723,1672,924
  Current Liabilities-22.3%284366265261253
    LT Debt, Current0.3%3434332619
    LT Debt, Non Current1.5%2,7372,6972,3632,4502,216
Shareholder's Equity2.0%2,5002,4512,0902,2532,664
  Retained Earnings3.1%1,3681,327968907852
  Additional Paid-In Capital0.2%1,3681,3651,4111,6532,021
Accumulated Depreciation-226----
Shares Outstanding0.0%156156155155157
Float-11,775----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-25.6%341458450481419
  Share Based Compensation-0.3%3839423840
Cashflow From Investing6.1%-372.90-397.30-429.80-428.10-2,097.80
Cashflow From Financing76.4%-18.30-77.6022-5.901,539
  Buy Backs0%10010014714747

Risks

What is the probability of a big loss on BKI?

63.9%


Probability that Black Knight stock will be more than 20% underwater in next one year

34.2%


Probability that Black Knight stock will be more than 30% underwater in next one year.

0%


Probability that Black Knight stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BKI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Black Knight was unfortunately bought at previous high price.

Returns

Cumulative Returns on BKI

6.4%


5-Year Cumulative Returns

-1.0%


3-Year Cumulative Returns

What are the long-term rolling returns for BKI?

FIve years rolling returns for Black Knight.

Which funds bought or sold BKI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
6.16
25,000
524,000
0.02%
2022-11-22
B. Riley Wealth Advisors, Inc.
NEW
-
252,000
252,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-297,000
16,723,000
0.03%
2022-11-18
National Pension Service
UNCHANGED
-
-
2,000
-%
2022-11-18
EVR Research LP
-
-
-1,635,000
-
-%
2022-11-17
M&T Bank Corp
-
-
-241,000
1,348,000
0.01%
2022-11-17
Telemetry Investments, L.L.C.
NEW
-
343,000
343,000
0.44%
2022-11-16
Front Row Advisors LLC
NEW
-
28,000
28,000
0.01%
2022-11-16
Advisors Capital Management, LLC
REDUCED
-9.16
-76,000
347,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
117.26
646,000
1,208,000
0.01%

1–10 of 45

Latest Funds Activity

Are funds buying BKI calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own BKI

Black Knight News

Yahoo Finance

Black Knight's First Look: Prepayment Activity Hit Record Low in October as Rates Topped 7%; Mortgage Delinquencies Up 4.5% in First Signs of Hurricane Ian Impact.7 days ago

GuruFocus.com

BKI Fair Value

Black Knight fair value in different scenarios

The table shows the Fair Value estimates for Black Knight for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

49.23

-19.15%

66.15

8.64%

83.12

36.51%

99.61

63.59%

117.62

93.17%

Current Inflation

45.03

-26.05%

59.26

-2.68%

73.14

20.12%

87.03

42.93%

101.96

67.45%

Very High Inflation

39.88

-34.50%

51.08

-16.11%

61.54

1.07%

72.50

19.07%

84.03

38.00%

Historical Black Knight Fair Value Estimates


Recent SEC filings of Black Knight

View All Filings
Date Filed Form Type Document
Nov 21, 2022
8-K
Current Report
Nov 10, 2022
SC 13G/A
Major Ownership Report
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
425
Prospectus Filed
Nov 03, 2022
10-Q
Quarterly Report
Sep 23, 2022
8-K
Current Report
Sep 23, 2022
425
Prospectus Filed
Sep 09, 2022
8-K
Current Report
Sep 09, 2022
425
Prospectus Filed

Latest Insider Trading transactions for BKI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-06-13
Otting Joseph M
ACQUIRED
-
-
3,383
-
2022-06-10
Burke Catherine Levinson
ACQUIRED
-
-
3,383
-
2022-06-10
HUNT DAVID K
ACQUIRED
-
-
3,383
-
2022-06-10
Rao Gnaneshwar B.
ACQUIRED
-
-
3,383
-
2022-06-10
Rood John D
ACQUIRED
-
-
3,383
-
2022-06-10
HAGERTY THOMAS M
ACQUIRED
-
-
3,383
-
2022-06-10
Shanik Nancy L.
ACQUIRED
-
-
3,383
-
2022-06-03
HAGERTY THOMAS M
SOLD
-
-
-3,035
-
2022-05-19
Rao Gnaneshwar B.
SOLD
-
-
-3,034
-
2022-05-16
Nackashi Joseph M
ACQUIRED
2,500,610
69.91
35,769
Chief Executive Officer

1–10 of 50

Joseph M. Nackashi
6400
Black Knight, Inc. provides integrated software, data, and analytics solutions in North America and Internationally. The Software Solutions segment offers software and hosting solutions comprising MSP, a software as a service application platform for mortgage, home equity loans, and lines of credit; Servicing Digital, a web and mobile solution for consumers that provides easy access to customized timely information about their mortgages; Loss Mitigation, an integrated solution that supports retention and liquidation workouts; and Empower, a loan origination system used by lenders to originate mortgages, home equity loans, and HELOCs. This segment also provides LoanCatcher, a cloud-based loan origination system designed for the needs of brokers; and LoanSifter PPE designed to meet the needs of the broker community by providing access to investors and loan products. The Data and Analytics segment offers property ownership data, lien data, servicing data, automated valuation models, collateral risk scores, behavioral models, lead generation, multiple listing service, and other data solutions. The company was formerly known as Black Knight Financial Services, Inc. and changed its name to Black Knight, Inc. in October 2017. Black Knight, Inc. was founded in 2013 and is headquartered in Jacksonville, Florida.

BKI Income Statement

2022-09-30
Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Condensed Consolidated Statements of Earnings and Comprehensive Earnings    
Revenues$ 386.7$ 378.0$ 1,168.4$ 1,089.0
Expenses:    
Operating expenses220.9203.0645.6586.2
Depreciation and amortization93.593.6277.5271.8
Transition and integration costs4.1(1.3)19.910.9
Total expenses318.5295.3943.0868.9
Operating income68.282.7225.4220.1
Other income and expense:    
Interest expense, net(26.6)(21.6)(70.3)(62.8)
Other expense, net(5.4)(1.1)(9.0)(5.3)
Total other expense, net(32.0)(22.7)(79.3)(68.1)
Earnings before income taxes and equity in earnings of unconsolidated affiliates36.260.0146.1152.0
Income tax expense6.515.317.031.0
Earnings before equity in earnings of unconsolidated affiliates29.744.7129.1121.0
Equity in earnings of unconsolidated affiliates, net of tax0.31.6303.33.0
Net earnings30.046.3432.4124.0
Net losses attributable to redeemable noncontrolling interests 7.12.523.2
Net earnings attributable to Black Knight30.053.4434.9147.2
Other comprehensive earnings:    
Unrealized holding gains (losses), net of tax(1)1.4(0.2)8.00.1
Reclassification adjustments for losses included in net earnings, net of tax(2)0.44.05.611.9
Total unrealized gains on interest rate swaps, net of tax1.83.813.612.0
Foreign currency translation adjustment, net of tax (3)(0.4) (1.0)(0.4)
Unrealized (losses) gains on investments in unconsolidated affiliates, net of tax(4)(1.9)(2.9)(1.1)(4.5)
Other comprehensive earnings (loss)(0.5)0.911.57.1
Comprehensive earnings29.547.2443.9131.1
Net losses attributable to redeemable noncontrolling interests 7.12.523.2
Comprehensive earnings attributable to Black Knight$ 29.5$ 54.3$ 446.4$ 154.3
Net earnings per share attributable to Black Knight common shareholders:    
Basic$ 0.19$ 0.34$ 2.82$ 0.95
Diluted$ 0.19$ 0.34$ 2.80$ 0.94
Weighted average shares of common stock outstanding (see Note 5):    
Basic154.5155.2154.4155.4
Diluted155.4156.2155.5155.9

BKI Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 16.1$ 77.1
Trade receivables, net191.8191.8
Prepaid expenses and other current assets91.183.0
Receivables from related parties0.10.2
Total current assets299.1352.1
Property and equipment, net146.6154.5
Software, net459.4497.0
Other intangible assets, net503.6613.2
Goodwill3,817.23,817.3
Investments in unconsolidated affiliates169.0490.5
Deferred contract costs, net190.5196.0
Other non-current assets252.6230.3
Total assets5,838.06,350.9
Current liabilities:  
Trade accounts payable and other accrued liabilities57.864.5
Income taxes payable17.711.8
Accrued compensation and benefits86.491.4
Current portion of debt33.632.5
Deferred revenues65.364.6
Total current liabilities260.8264.8
Deferred revenues53.981.5
Deferred income taxes232.9284.1
Long-term debt, net of current portion2,648.62,362.6
Other non-current liabilities49.978.7
Total liabilities3,246.13,071.7
Commitments and contingencies (Note 10)
Redeemable noncontrolling interests42.81,188.8
Equity:  
Common stock; $0.0001 par value; 550,000,000 shares authorized; 160,040,598 shares issued and 156,031,768 shares outstanding as of September 30, 2022, and 160,040,598 shares issued and 155,357,705 shares outstanding as of December 31, 20210.00.0
Preferred stock; $0.0001 par value; 25,000,000 shares authorized; issued and outstanding, none as of September 30, 2022 and December 31, 20210.00.0
Additional paid-in capital1,386.61,410.9
Retained earnings1,398.8968.2
Accumulated other comprehensive loss(6.0)(17.5)
Treasury stock, at cost, 4,008,830 shares as of September 30, 2022 and 4,682,893 shares as of December 31, 2021(230.3)(271.2)
Total shareholders' equity2,549.12,090.4
Total liabilities, redeemable noncontrolling interests and shareholders' equity$ 5,838.0$ 6,350.9