KP Tissue Inc. (TSE:KPT – Free Report) – Research analysts at Desjardins increased their FY2024 EPS estimates for KP Tissue in a note issued to investors on Wednesday, November 13th. Desjardins analyst F. Tremblay now anticipates that the company will earn $0.91 per share for the year, up from their prior forecast of $0.89. The consensus estimate for KP Tissue’s current full-year earnings is $0.44 per share.
Separately, TD Securities increased their price target on shares of KP Tissue from C$8.50 to C$9.00 and gave the company a “hold” rating in a report on Wednesday, August 14th.
KP Tissue Stock Performance
Shares of TSE:KPT opened at C$8.30 on Friday. The stock has a fifty day simple moving average of C$8.33 and a two-hundred day simple moving average of C$8.38. KP Tissue has a 12-month low of C$7.99 and a 12-month high of C$9.72. The stock has a market capitalization of C$82.75 million, a price-to-earnings ratio of 13.82, a PEG ratio of -0.88 and a beta of 0.37.
KP Tissue (TSE:KPT – Get Free Report) last released its earnings results 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 analysts’ expectations of C$487.50 million.
KP Tissue Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.67%. KP Tissue’s payout ratio is currently 120.00%.
About KP Tissue
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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