Market Recap Check: Kodiak Gas Services Inc (KGS)’s Negative Finish at 26.10, Up/Down -10.95

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The price of Kodiak Gas Services Inc (NYSE: KGS) closed at $26.10 in the last session, down -10.95% from day before closing price of $29.31. In other words, the price has decreased by -$10.95 from its previous closing price. On the day, 2.81 million shares were traded. KGS stock price reached its highest trading level at $28.04 during the session, while it also had its lowest trading level at $25.25.

Ratios:

We take a closer look at KGS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 571.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 121.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 1.73 whereas as Long-Term Debt/Eq ratio is at 1.73.

On March 08, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $27.

Raymond James reiterated its Outperform rating for the stock on August 11, 2023, while the target price for the stock was revised from $21 to $23.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 2205700608 and an Enterprise Value of 4887999488. As of this moment, Kodiak’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.81, and their Forward P/E ratio for the next fiscal year is 14.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 4.977 whereas that against EBITDA is 11.441.

Stock Price History:

Over the past 52 weeks, KGS has reached a high of $29.75, while it has fallen to a 52-week low of $16.72. The 50-Day Moving Average of the stock is -4.14%, while the 200-Day Moving Average is calculated to be 7.60%.

Shares Statistics:

According to the various share statistics, KGS traded on average about 460.38K shares per day over the past 3-months and 959270 shares per day over the past 10 days. A total of 77.40M shares are outstanding, with a floating share count of 22.07M. Insiders hold about 73.81% of the company’s shares, while institutions hold 24.99% stake in the company. Shares short for KGS as of 1722384000 were 1675516 with a Short Ratio of 3.64, compared to 1719532800 on 1589552. Therefore, it implies a Short% of Shares Outstanding of 1675516 and a Short% of Float of 6.64.

Dividends & Splits

The forward annual dividend rate for KGS is 1.55, which was 0.76 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.025929717

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