With 23.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 21.72 million shares. The 52-week range on KGC shows that it touched its highest point at $15.45 and its lowest point at $6.48 during that stretch. It currently has a 1-year price target of $16.47. With its current market cap of 17.85 billion, KGC has annualized dividend of $0.12 while the current yield stands at 0.83%. Beta for the stock currently stands at 0.65.
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 KGC was down-trending over the past week, with a drop of -1.83%, but this was up by 14.34% over a month. Three-month performance surged to 26.72% while six-month performance rose 38.45%. The stock gained 123.23% in the past year, while it has gained 56.53% so far this year. A look at the trailing 12-month EPS for KGC yields 0.77 with Next year EPS estimates of 1.16. For the next quarter, that number is 0.24. This implies an EPS growth rate of 61.55% for this year and 5.93% for next year. EPS is expected to grow by 12.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.28%.
Float and Shares Shorts:
At present, 1.23 billion KGC shares are outstanding with a float of 1.22 billion 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 KGC since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 $0.83507 being high and $0.64158 being low. For KGC, this leads to a yearly average estimate of $0.74342.
