KNOT Offshore Partners LP (NYSE:KNOP) changes shares on Tuesday trading session, with a change of -1.46% or -$0.21 shares. The trading starts at $14.39 and closed at $14.39 throughout the day. The trading session low price was $14.13 and day high was $14.471 on Tuesday, June 23. After the session, the Industrials sector daily volume shifted to 0.17 million while its average volume is 252.45K. In other hand, the KNOP market cap reached to $473.61M. While, its current target price is $14.18 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.74% and up 0.71% for month. Its quarterly performance was 49.11% above, while its half year performance is down -27.87%. KNOP yearly performance stood at negative -25.33% and fall -28.42% for year-to-date. Current recommendation for KNOT Offshore Partners LP is 2.00.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. KNOP EPS (TTM) for 12-month is 0.97. EPS for this year is -23.20%, while for the next year its value is 2.32. Sales growth for the current quarter is 1.14 while its EPS Q/Q reached -147.70%. It has an EPS of 2.30% up for past five years and for the next five years will be up 12.80%.
Let’s take a look on the analyst recommendations on KNOP for the current month and previous month. For the current month, 1 of 2 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $16.00-$24.00. Average target price for KNOP was reached at $20.00.
Invesco Ltd., Tortoise Capital Advisors, LLC and Renaissance Technologies, LLC are the top three holders in KNOT Offshore Partners LP (KNOP) stock. On Mar 30, 2020, Invesco Ltd. has 1.79 million shares which valued 18.24 million. On Mar 30, 2020, Tortoise Capital Advisors, LLC owned 1.49 million shares which valued at 15.19 million. On Mar 30, 2020, Renaissance Technologies, LLC has a total of 1.46 million shares which valued at 14.88 million. In the end, Renaissance Technologies, LLC have 4.46% shares outstanding of KNOT Offshore Partners LP (KNOP) on Mar 30, 2020. The insider ownership moved to 26.48% and institutional holding shifted to 37.60%.
The company posted an EPS (TTM) of 0.97. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of 0.56, while 0.19 EPS posted a year ago period. Analyst Estimated EPS for KNOP published in the report was 0.53-0.59 during the same period. Comparing with last year, the average estimated EPS was 0.19 which is higher than -0.19 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for KNOP fall -16.00% for period of 200 days. SMA for 50 days was 0.09% which is showing green signal, while SMA-20 was -6.52%. The moving average value for KNOT Offshore Partners LP (KNOP) is 15.83 and 14.41 for 200 and 50 days respectively.