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

Key Points

• KP Tissue hit a new 52-week high, trading as high as C$11.45 (last C$11.41) and sits above its 50‑day (C$11.02) and 200‑day (C$10.40) moving averages.
• Analysts collectively rate the stock a Hold with an average target of C$10.25, while National Bank Financial raised its target to C$11.00 and assigned a "sector perform" rating.
• Valuation and earnings: market cap C$113.5M, PE 13.39, last quarterly EPS C$0.26 and sell‑side forecasts about C$0.44 EPS for the current fiscal year.

KP Tissue Inc. (TSE:KPT - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$11.45 and last traded at C$11.41, with a volume of 4708 shares. The stock had previously closed at C$11.35.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial raised their target price on shares of 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 data from MarketBeat, KP Tissue presently has an average rating of "Hold" and an average target price of C$10.25.

KP Tissue Stock Up 0.3%

The firm's 50 day simple moving average is C$11.02 and its 200 day simple moving average is C$10.40. The company has a market capitalization of C$113.50 million, a PE ratio of 13.39, a price-to-earnings-growth ratio of -0.88 and a beta of 0.43.

KP Tissue (TSE:KPT - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported C$0.26 EPS for the quarter. As a group, sell-side 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.