Desjardins Issues Negative Outlook for KP Tissue Earnings

KP Tissue Inc. (TSE:KPT - Free Report) - Investment analysts at Desjardins lowered their Q4 2024 earnings per share (EPS) estimates for KP Tissue in a note issued to investors on Wednesday, November 13th. Desjardins analyst F. Tremblay now expects that the company will post earnings of $0.18 per share for the quarter, down from their previous estimate of $0.19. The consensus estimate for KP Tissue's current full-year earnings is $0.44 per share. Desjardins also issued estimates for KP Tissue's FY2025 earnings at $0.72 EPS.

Separately, TD Securities upped their price objective on KP Tissue from C$8.50 to C$9.00 and gave the company a "hold" rating in a research report on Wednesday, August 14th.

KP Tissue Price Performance

KPT stock traded down C$0.03 during trading on Monday, hitting C$8.27. 12,606 shares of the stock traded hands, compared to its average volume of 18,947. The stock has a market cap of C$82.45 million, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37. KP Tissue has a 1 year low of C$7.99 and a 1 year high of C$9.72. The firm's 50 day moving average is C$8.33 and its two-hundred day moving average is C$8.38.

KP Tissue Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 8.71%. The ex-dividend date was Friday, September 27th. KP Tissue's payout ratio is 120.00%.

KP Tissue Company Profile

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.