With 19.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 21.78 million shares. The 52-week range on KGC shows that it touched its highest point at $15.96 and its lowest point at $7.20 during that stretch. It currently has a 1-year price target of $17.09. With its current market cap of 16.92 billion, KGC has annualized dividend of $0.12 while the current yield stands at 0.87%. Beta for the stock currently stands at 0.60.
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 down-trending over the past week, with a drop of -6.91%, but this was down by -6.14% over a month. Three-month performance surged to 20.51% while six-month performance rose 45.50%. The stock gained 81.16% in the past year, while it has gained 48.33% so far this year. A look at the trailing 12-month EPS for KGC yields 0.98 with Next year EPS estimates of 1.23. For the next quarter, that number is 0.27. This implies an EPS growth rate of 69.71% for this year and 6.48% for next year. EPS is expected to grow by 15.81% 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.
