KP Tissue Inc. (TSE:KPT - Get Free Report) Director David A. Spraley bought 1,850 shares of the firm's stock in a transaction on Monday, September 9th. The stock was purchased at an average price of C$8.43 per share, with a total value of C$15,595.50.
KP Tissue Price Performance
Shares of KP Tissue stock traded up C$0.01 on Monday, hitting C$8.41. The company had a trading volume of 38,814 shares, compared to its average volume of 16,988. The business has a 50-day simple moving average of C$8.49 and a 200-day simple moving average of C$8.45. The company has a market cap of C$83.85 million, a PE ratio of 14.00, a PEG ratio of -0.88 and a beta of 0.37. KP Tissue Inc. has a 52 week low of C$8.02 and a 52 week high of C$10.48.
KP Tissue (TSE:KPT - Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.22 by C($0.10). The firm had revenue of C$509.80 million for the quarter, compared to analyst estimates of C$487.50 million. On average, equities research analysts predict that KP Tissue Inc. will post 0.7899628 earnings per share for the current fiscal year.
KP Tissue Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 8.56%. The ex-dividend date is Monday, September 30th. KP Tissue's payout ratio is 120.00%.
Analysts Set New Price Targets
Several research firms have commented on KPT. TD Securities upped their target price on shares of KP Tissue from C$8.50 to C$9.00 and gave the stock a "hold" rating in a research report on Wednesday, August 14th. Desjardins decreased their price objective on shares of KP Tissue from C$11.00 to C$10.00 and set a "hold" rating for the company in a report on Wednesday, May 15th.
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About KP Tissue
(
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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.
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