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In the latest session, KNOT Offshore Partners LP (NYSE: KNOP) closed at $9.86 down -1.00% from its previous closing price of $9.96. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 98555.0 shares were traded. KNOP stock price reached its highest trading level at $9.965 during the session, while it also had its lowest trading level at $9.84.
Ratios:
For a deeper understanding of KNOT Offshore Partners LP’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.43. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.21.
Alliance Global Partners Downgraded its Buy to Sell on January 12, 2023, while the target price for the stock was maintained at $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KNOP now has a Market Capitalization of 344486336 and an Enterprise Value of 1277044352. As of this moment, KNOT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.98, and their Forward P/E ratio for the next fiscal year is 8.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 3.845 whereas that against EBITDA is 7.133.
Stock Price History:
The Beta on a monthly basis for KNOP is -0.16, which has changed by 0.7084048 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, KNOP has reached a high of $10.23, while it has fallen to a 52-week low of $5.28. The 50-Day Moving Average of the stock is 6.62%, while the 200-Day Moving Average is calculated to be 34.60%.
Shares Statistics:
For the past three months, KNOP has traded an average of 119.95K shares per day and 134190 over the past ten days. A total of 34.05M shares are outstanding, with a floating share count of 24.04M. Insiders hold about 29.90% of the company’s shares, while institutions hold 27.89% stake in the company. Shares short for KNOP as of 1763078400 were 224519 with a Short Ratio of 1.87, compared to 1760486400 on 222697. Therefore, it implies a Short% of Shares Outstanding of 224519 and a Short% of Float of 0.9199999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for KNOP is 0.10, from 0.104 in the trailing year. Against a Trailing Annual Dividend Yield of 0.010441767. The stock’s 5-year Average Dividend Yield is 9.37.
Earnings Estimates
KNOT Offshore Partners LP (KNOP) is currently under the scrutiny of 2 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.25, with high estimates of $0.32 and low estimates of $0.19.
Analysts are recommending an EPS of between $1 and $1 for the fiscal current year, implying an average EPS of $1. EPS for the following year is $0.95, with 2.0 analysts recommending between $1.16 and $0.74.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $88.11M this quarter.It ranges from a high estimate of $93.04M to a low estimate of $85M. As of. The current estimate, KNOT Offshore Partners LP’s year-ago sales were $76.29MFor the next quarter, 3 analysts are estimating revenue of $89.22M. There is a high estimate of $92.05M for the next quarter, whereas the lowest estimate is $85M.
A total of 3 analysts have provided revenue estimates for KNOP’s current fiscal year. The highest revenue estimate was $356.17M, while the lowest revenue estimate was $340M, resulting in an average revenue estimate of $348.06M. In the same quarter a year ago, actual revenue was $318.6MBased on 3 analysts’ estimates, the company’s revenue will be $356.49M in the next fiscal year. The high estimate is $371.16M and the low estimate is $335M.
