With 1.39 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.74 million shares. The 52-week range on KNTK shows that it touched its highest point at $67.60 and its lowest point at $34.27 during that stretch. It currently has a 1-year price target of $62.30. With its current market cap of 8.51 billion, KNTK has annualized dividend of $3.06 while the current yield stands at 5.68%. Beta for the stock currently stands at 2.70.
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 KNTK was down-trending over the past week, with a drop of -7.79%, but this was down by -16.10% over a month. Three-month performance dropped to -8.71% while six-month performance rose 21.79%. The stock gained 52.16% in the past year, while it has lost -4.99% so far this year. A look at the trailing 12-month EPS for KNTK yields 1.02 with Next year EPS estimates of 2.43. For the next quarter, that number is 0.37. This implies an EPS growth rate of 95.14% for this year and 22.08% for next year.
Float and Shares Shorts:
At present, 59.93 million KNTK shares are outstanding with a float of 33.73 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 KNTK since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $2.0013 being high and $1.04348 being low. For KNTK, this leads to a yearly average estimate of $1.52628. Based on analyst estimates, the high estimate for the next quarter is $0.53 and the low estimate is $0.41. The average estimate for the next quarter is thus $0.47.
Summary of Insider Activity:
Insiders traded KNTK 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.
