Kodiak Gas Services, Inc. (NYSE:KGS – Get Free Report) has received a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $23.57.
A number of equities research analysts have recently commented on the stock. Truist Financial dropped their price objective on shares of Kodiak Gas Services from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Wednesday, December 20th. Raymond James lifted their price target on shares of Kodiak Gas Services from $23.00 to $25.00 and gave the company an “outperform” rating in a research note on Tuesday, January 30th.
Institutional Trading of Kodiak Gas Services
Kodiak Gas Services Stock Up 3.0 %
KGS stock opened at $23.99 on Friday. The firm has a 50-day simple moving average of $20.75 and a two-hundred day simple moving average of $18.94. Kodiak Gas Services has a one year low of $15.05 and a one year high of $24.01. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.97 and a quick ratio of 0.65.
Kodiak Gas Services (NYSE:KGS – Get Free Report) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.04. The company had revenue of $230.98 million for the quarter, compared to analyst estimates of $207.79 million. The business’s quarterly revenue was up 26.5% compared to the same quarter last year. As a group, research analysts forecast that Kodiak Gas Services will post 0.36 earnings per share for the current year.
Kodiak Gas Services Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Friday, February 16th will be paid a dividend of $0.38 per share. The ex-dividend date is Thursday, February 15th. This represents a $1.52 dividend on an annualized basis and a yield of 6.34%.
Kodiak Gas Services Company Profile
Kodiak Gas Services, Inc operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil.
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