In the latest session, Kodiak Gas Services Inc (NYSE: KGS) closed at $27.41 down -1.26% from its previous closing price of $27.76. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 592195 shares were traded.
Ratios:
For a deeper understanding of Kodiak Gas Services Inc’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 381.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.60.
On August 11, 2023, Raymond James reiterated its Outperform rating and also lowered its target price recommendation from $21 to $23.
On July 24, 2023, Truist started tracking the stock assigning a Buy rating and target price of $24.Truist initiated its Buy rating on July 24, 2023, with a $24 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 12 ’24 when Montana Margaret C bought 2,000 shares for $25.25 per share. The transaction valued at 50,500 led to the insider holds 16,375 shares of the business.
Bonno Terry bought 4,000 shares of KGS for $73,809 on Sep 01 ’23. The Director now owns 22,375 shares after completing the transaction at $18.45 per share. On Aug 24 ’23, another insider, McKee Robert Michael, who serves as the President & CEO of the company, bought 12,830 shares for $18.04 each. As a result, the insider paid 231,446 and bolstered with 16,180 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KGS now has a Market Capitalization of 2.49B and an Enterprise Value of 4.31B. As of this moment, Kodiak’s Price-to-Earnings (P/E) ratio for their current fiscal year is 84.42, and their Forward P/E ratio for the next fiscal year is 15.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 5.07 whereas that against EBITDA is 9.78.
Stock Price History:
Over the past 52 weeks, KGS has reached a high of $29.00, while it has fallen to a 52-week low of $15.05. The 50-Day Moving Average of the stock is 25.58, while the 200-Day Moving Average is calculated to be 20.18.
Shares Statistics:
For the past three months, KGS has traded an average of 455.92K shares per day and 772.66k over the past ten days. A total of 77.40M shares are outstanding, with a floating share count of 15.20M. Insiders hold about 80.37% of the company’s shares, while institutions hold 24.98% stake in the company. Shares short for KGS as of Mar 28, 2024 were 2.1M with a Short Ratio of 3.98, compared to 1.66M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.71% and a Short% of Float of 11.40%.
Dividends & Splits
According to the company, the forward annual dividend rate for KGS is 0.76, from 0.76 in the trailing year. Against a Trailing Annual Dividend Yield of 2.74%, it implies a Forward Annual Dividend Yield of 5.55%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0.42, with high estimates of $0.45 and low estimates of $0.4.
Analysts are recommending an EPS of between $1.8 and $1.62 for the fiscal current year, implying an average EPS of $1.69. EPS for the following year is $1.9, with 4 analysts recommending between $2.34 and $1.23.
Revenue Estimates
A total of 5 analysts have provided revenue estimates for KGS’s current fiscal year. The highest revenue estimate was $1.19B, while the lowest revenue estimate was $881.3M, resulting in an average revenue estimate of $1.03B. In the same quarter a year ago, actual revenue was $850.38M, up 21.40% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.21B in the next fiscal year. The high estimate is $1.43B and the low estimate is $949.3M. The average revenue growth estimate for next year is up 17.20% from the average revenue estimate for this year.
