KP Tissue (TSE:KPT) Sets New 12-Month High – Still a Buy?

KP Tissue Inc. (TSE:KPT) shares hit a new 52-week high on Monday . The company traded as high as C$11.06 and last traded at C$11.06, with a volume of 4411 shares changing hands. The stock had previously closed at C$10.99.

Analyst Upgrades and Downgrades

Separately, National Bank Financial increased their target price on KP Tissue from C$10.00 to C$11.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, KP Tissue has an average rating of “Hold” and an average price target of C$10.25.

KP Tissue Stock Down 2.2%

The company has a market cap of C$106.82 million, a price-to-earnings ratio of 12.60, a P/E/G ratio of -0.88 and a beta of 0.49. The business has a fifty day simple moving average of C$10.67 and a 200 day simple moving average of C$10.14.

KP Tissue (TSE:KPT) last posted its quarterly earnings results on Wednesday, February 18th. The company reported C$0.26 earnings per share for the quarter. Equities analysts anticipate that KP Tissue Inc. will post 0.4398964 EPS for the current fiscal year.

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.