Market Watch: Kodiak Gas Services Inc (KGS)’s Noteworthy Drop, Closing at 27.88

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As of close of business last night, Kodiak Gas Services Inc’s stock clocked out at $27.88, down -3.36% from its previous closing price of $28.85. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 0.96 million shares were traded. KGS stock price reached its highest trading level at $28.87 during the session, while it also had its lowest trading level at $26.82.

Ratios:

To gain a deeper understanding of KGS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 252.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.63.

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:

Investing in insider trades can also provide an investor with insight into how management views future 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 2350127872 and an Enterprise Value of 4200517632. As of this moment, Kodiak’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.81, and their Forward P/E ratio for the next fiscal year is 14.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.68 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 4.796 whereas that against EBITDA is 9.678.

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 2.69%, while the 200-Day Moving Average is calculated to be 16.96%.

Shares Statistics:

It appears that KGS traded 418.04K shares on average per day over the past three months and 648110 shares per day over the past ten 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 23.97% stake in the company. Shares short for KGS as of 1721001600 were 1681105 with a Short Ratio of 4.02, compared to 1718323200 on 1928022. Therefore, it implies a Short% of Shares Outstanding of 1681105 and a Short% of Float of 6.6599995.

Dividends & Splits

With its trailing 12-month dividend rate of 1.14, KGS has a forward annual dividend rate of 1.14. Against a Trailing Annual Dividend Yield of 0.03951473

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