With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.12 million shares. The 52-week range on KLG shows that it touched its highest point at $24.63 and its lowest point at $14.36 during that stretch. It currently has a 1-year price target of $17.12. With its current market cap of 1.72 billion, KLG has annualized dividend of $0.64 while the current yield stands at 3.20%. Beta for the stock currently stands at 1.35.
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 KLG was up-trending over the past week, with a rise of 10.27%, but this was up by 18.45% over a month. Three-month performance surged to 16.85% while six-month performance rose 14.90%. The stock gained 34.12% in the past year, while it has gained 11.01% so far this year. A look at the trailing 12-month EPS for KLG yields 0.81 with Next year EPS estimates of 1.79. For the next quarter, that number is 0.39. This implies an EPS growth rate of -10.88% for this year and 17.93% for next year.
Float and Shares Shorts:
At present, 86.10 million KLG shares are outstanding with a float of 62.29 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KLG since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 1 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.
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 $1.6949 being high and $1.34983 being low. For KLG, this leads to a yearly average estimate of $1.50207. Based on analyst estimates, the high estimate for the next quarter is $0.53 and the low estimate is $0.35. The average estimate for the next quarter is thus $0.46.
