With 29.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 20.6 million shares. The 52-week range on KGC shows that it touched its highest point at $12.28 and its lowest point at $5.18 during that stretch. It currently has a 1-year price target of $13.36. With its current market cap of 14.06 billion, KGC has annualized dividend of $0.15 while the current yield stands at 1.31%. Beta for the stock currently stands at 1.22.
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 KGC was up-trending over the past week, with a rise of 3.25%, but this was down by -0.09% over a month. Three-month performance surged to 17.82% while six-month performance rose 26.55%. The stock gained 125.20% in the past year, while it has gained 23.41% so far this year. A look at the trailing 12-month EPS for KGC yields 0.77 with Next year EPS estimates of 0.82. For the next quarter, that number is 0.20. This implies an EPS growth rate of 17.43% for this year and 2.81% for next year. EPS is expected to grow by 3.24% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.28%.
Float and Shares Shorts:
At present, 1.23 billion KGC shares are outstanding with a float of 1.22 billion 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 KGC since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 $0.83507 being high and $0.64158 being low. For KGC, this leads to a yearly average estimate of $0.74342. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.14. The average estimate for the next quarter is thus $0.2.
Summary of Insider Activity:
Insiders traded KGC stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
