A new trading day began on Monday, with Kodiak Gas Services Inc (NYSE: KGS) stock price down -5.26% from the previous day of trading, before settling in for the closing price of $26.63. KGS’s price has ranged from $16.72 to $29.75 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 16.92%. Meanwhile, its annual earnings per share averaged 415.10%. With a float of $22.01 million, this company’s outstanding shares have now reached $77.40 million.
The extent of productivity of a business whose workforce counts for 781 workers is very important to gauge. In terms of profitability, gross margin is 41.99%, operating margin of 26.92%, and the pretax margin is 7.87%.
Kodiak Gas Services Inc (KGS) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Kodiak Gas Services Inc is 73.96%, while institutional ownership is 27.10%. The most recent insider transaction that took place on Aug 16 ’24, was worth 2,873. In this transaction Director of this company bought 110 shares at a rate of $26.12, taking the stock ownership to the 22,004 shares. Before that another transaction happened on Mar 12 ’24, when Company’s Director bought 2,000 for $25.25, making the entire transaction worth $50,500. This insider now owns 16,375 shares in total.
Kodiak Gas Services Inc (KGS) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.37 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 415.10% per share during the next fiscal year.
Kodiak Gas Services Inc (NYSE: KGS) Trading Performance Indicators
Here are Kodiak Gas Services Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17. Likewise, its price to free cash flow for the trailing twelve months is 118.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 2.09 in one year’s time.
Technical Analysis of Kodiak Gas Services Inc (KGS)
The latest stats from [Kodiak Gas Services Inc, KGS] show that its last 5-days average volume of 0.53 million was superior to 0.47 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 27.59%. Additionally, its Average True Range was 1.03.
During the past 100 days, Kodiak Gas Services Inc’s (KGS) raw stochastic average was set at 8.04%, which indicates a significant increase from 0.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.25% in the past 14 days, which was higher than the 38.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.28, while its 200-day Moving Average is $25.11. Now, the first resistance to watch is $26.15. This is followed by the second major resistance level at $27.07. The third major resistance level sits at $27.54. If the price goes on to break the first support level at $24.76, it is likely to go to the next support level at $24.29. Assuming the price breaks the second support level, the third support level stands at $23.37.
Kodiak Gas Services Inc (NYSE: KGS) Key Stats
With a market capitalization of 2.13 billion, the company has a total of 84,294K Shares Outstanding. Currently, annual sales are 850,380 K while annual income is 20,070 K. The company’s previous quarter sales were 309,650 K while its latest quarter income was 6,230 K.
