KP Tissue Inc. (TSE:KPT - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$8.45 and traded as high as C$8.52. KP Tissue shares last traded at C$8.47, with a volume of 15,814 shares trading hands.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the company. Desjardins reduced their target price on KP Tissue from C$11.00 to C$10.00 and set a "hold" rating on the stock in a report on Wednesday, May 15th. TD Securities lifted their target price 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.
Read Our Latest Stock Analysis on KPT
KP Tissue Stock Up 0.2 %
The stock has a market capitalization of C$84.65 million, a price-to-earnings ratio of 14.12, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37. The stock has a 50 day moving average price of C$8.49 and a 200 day moving average price of C$8.45.
KP Tissue (TSE:KPT - Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported C$0.12 EPS for the quarter, missing the consensus estimate of C$0.22 by C($0.10). The company had revenue of C$509.80 million for the quarter, compared to analyst estimates of C$487.50 million. Sell-side analysts forecast that KP Tissue Inc. will post 0.7899628 earnings per share for the current fiscal year.
KP Tissue Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.72 annualized dividend and a dividend yield of 8.48%. KP Tissue's payout ratio is 120.00%.
About KP Tissue
(
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.
See Also
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
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
