With 0.88 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.99 million shares. The 52-week range on KMT shows that it touched its highest point at $32.18 and its lowest point at $20.50 during that stretch. It currently has a 1-year price target of $24.19. With its current market cap of 1.70 billion, KMT has annualized dividend of $0.80 while the current yield stands at 3.63%. Beta for the stock currently stands at 1.58.
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 KMT was up-trending over the past week, with a rise of 0.46%, but this was down by -6.14% over a month. Three-month performance dropped to -24.25% while six-month performance fell -12.65%. The stock lost -11.88% in the past year, while it has lost -8.33% so far this year. A look at the trailing 12-month EPS for KMT yields 1.22 with Next year EPS estimates of 1.37. For the next quarter, that number is 0.25. This implies an EPS growth rate of -22.12% for this year and 17.52% for next year. EPS is expected to grow by 3.27% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.99%.
Float and Shares Shorts:
At present, 77.33 million KMT shares are outstanding with a float of 76.40 million 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 KMT since 7 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 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 $1.47367 being high and $1.39401 being low. For KMT, this leads to a yearly average estimate of $1.4438. Based on analyst estimates, the high estimate for the next quarter is $0.43 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.38.
