With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.05 million shares. The 52-week range on KMT shows that it touched its highest point at $32.18 and its lowest point at $17.30 during that stretch. It currently has a 1-year price target of $21.81. With its current market cap of 1.62 billion, KMT has annualized dividend of $0.80 while the current yield stands at 3.76%. Beta for the stock currently stands at 1.38.
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 down-trending over the past week, with a drop of -1.12%, but this was up by 11.59% over a month. Three-month performance dropped to -4.32% while six-month performance fell -24.54%. The stock lost -18.40% in the past year, while it has lost -11.41% so far this year. A look at the trailing 12-month EPS for KMT yields 1.38 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.38. This implies an EPS growth rate of -11.50% for this year and 1.14% for next year. EPS is expected to grow by 0.94% 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, 76.23 million KMT shares are outstanding with a float of 75.28 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 $0.33 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.29.
