KP Tissue Inc. (TSE:KPT - Free Report) - Equities research analysts at Desjardins raised their FY2024 earnings estimates for KP Tissue in a research report issued on Wednesday, November 13th. Desjardins analyst F. Tremblay now forecasts that the company will post earnings of $0.91 per share for the year, up from their prior estimate of $0.89. The consensus estimate for KP Tissue's current full-year earnings is $0.44 per share.
KP Tissue (TSE:KPT - Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported C$0.12 earnings per share for the quarter, missing analysts' consensus estimates of C$0.22 by C($0.10). The company had revenue of C$509.80 million for the quarter, compared to analysts' expectations of C$487.50 million.
Separately, TD Securities boosted 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.
Get Our Latest Stock Report on KPT
KP Tissue Stock Performance
KPT remained flat at C$8.30 during midday trading on Friday. 5,725 shares of the company traded hands, compared to its average volume of 18,977. The stock has a market capitalization of C$82.75 million, a P/E ratio of 13.82, a PEG ratio of -0.88 and a beta of 0.37. The company's 50 day moving average price is C$8.33 and its two-hundred day moving average price is C$8.38. KP Tissue has a 52-week low of C$7.99 and a 52-week high of C$9.72.
KP Tissue Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were paid a $0.18 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.72 annualized dividend and a yield of 8.67%. KP Tissue's dividend payout ratio is 120.00%.
KP Tissue Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider KP Tissue, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KP Tissue wasn't on the list.
While KP Tissue currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
