KP Tissue (TSE:KPT) Releases Quarterly Earnings Results

KP Tissue (TSE:KPT) announced its earnings results on Thursday. The company reported C$0.15 earnings per share for the quarter, FiscalAI reports.

KP Tissue Stock Performance

KPT stock opened at C$9.53 on Friday. The stock’s 50 day simple moving average is C$9.43 and its 200 day simple moving average is C$9.18. KP Tissue has a fifty-two week low of C$7.54 and a fifty-two week high of C$9.69. The company has a market cap of C$95.31 million, a P/E ratio of 21.66, a price-to-earnings-growth ratio of -0.88 and a beta of 0.19.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on KPT shares. CIBC increased their price target on KP Tissue from C$10.50 to C$11.00 in a report on Friday. National Bankshares raised their target price on KP Tissue from C$9.50 to C$10.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 14th. Finally, Desjardins boosted their price target on KP Tissue from C$9.50 to C$10.00 and gave the company a “hold” rating in a research note on Thursday, August 14th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, KP Tissue currently has a consensus rating of “Hold” and a consensus price target of C$10.00.

KP Tissue Company Profile

KP Tissue Inc operates as a holding company. The firm produces, distributes, markets, and sells a range of disposable tissue products in North America. It offers bathroom and facial tissues, paper towels, paper towels, and napkins, as well as disposable wiping products and washroom dispensing systems.