KP Tissue (TSE:KPT) Reaches New 1-Year High - Still a Buy?

Key Points

• KP Tissue shares hit a new 52-week high of C$11.20 on Thursday (volume ~24,862), up from the prior close of C$11.06.
• Analysts maintain a consensus Hold rating with a C$10.25 average price target, while National Bank Financial raised its target to C$11.00 and gave a "sector perform" rating.
• The stock has a market cap of C$110.17 million and a P/E of 12.94; KP reported C$0.26 EPS last quarter and analysts forecast roughly C$0.44 EPS for the fiscal year.

KP Tissue Inc. (TSE:KPT - Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as C$11.20 and last traded at C$11.20, with a volume of 24862 shares trading hands. The stock had previously closed at C$11.06.

Analysts Set New Price Targets

Separately, National Bank Financial upped their price objective on KP Tissue from C$10.00 to C$11.00 and gave the company a "sector perform" rating in a research note on Monday, February 2nd. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of C$10.25.

KP Tissue Trading Down 0.5%

The stock has a market capitalization of C$110.17 million, a price-to-earnings ratio of 12.94, a PEG ratio of -0.88 and a beta of 0.43. The firm has a 50-day moving average of C$10.75 and a 200 day moving average of C$10.20.

KP Tissue (TSE:KPT - Get Free Report) last posted its earnings results on Wednesday, February 18th. The company reported C$0.26 EPS for the quarter. Equities research analysts predict that KP Tissue Inc. will post 0.4398964 EPS for the current fiscal year.

About KP Tissue

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.

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