With 70734.0 shares changed hands, the volume of the stock remained lighter than its average volume of 85860.0 shares. During the session, the Marine Shipping company that operates in wider Industrials sector, reached to the highest price of $6.31 whereas the lowest price it dropped to was $6.1189. The 52-week range on KNOP shows that it touched its highest point at $9.11 and its lowest point at $4.94 during that stretch. It currently has a 1-year price target of $12.50. With its current market cap of 217.83 million, KNOP has annualized dividend of $0.10 while the current yield stands at 1.66%. Beta for the stock currently stands at 0.70.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KNOP was up-trending over the past week, with a rise of 15.23%, but this was up by 10.18% over a month. Three-month performance dropped to -2.94% while six-month performance fell -20.10%. The stock gained 2.95% in the past year, while it has gained 15.23% so far this year. A look at the trailing 12-month EPS for KNOP yields -0.42 with Next year EPS estimates of 0.43. For the next quarter, that number is 0.04. This implies an EPS growth rate of 77.19% for this year and 286.96% for next year.
Float and Shares Shorts:
At present, 34.05 million KNOP shares are outstanding with a float of 24.06 million shares on hand for trading. On 2024-11-15, short shares totaled 0.37 million, which was 105.0 higher than short shares on 1728950400. In addition to Mr. Derek Lowe as the firm’s CEO & CFO, John Einar Dalsvag serves as its Vice President of Chartering & Business Development.
Institutional Ownership:
Through their ownership of 0.28129998 of KNOP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, KNOP reported revenue of $76292000.0 and operating income of $16511000.0. The EBITDA in the recently reported quarter was $45553000.0 and diluted EPS was -$0.110824.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KNOP since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With KNOP analysts setting a high price target of 15.0 and a low target of 10.0, the average target price over the next 12 months is 12.5. Based on these targets, KNOP could surge 138.85% to reach the target high and rise by 59.24% to reach the target low. Reaching the average price target will result in a growth of 99.04% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.22983 being high and -$0.23017 being low. For KNOP, this leads to a yearly average estimate of -$0.23.
