Kodiak Gas Services (KGS) Stock Price, News & Analysis

Company Overview

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. The Other Services segment provides a range of contract services, including station construction, maintenance and overhaul, and other ancillary time and material-based offerings. The company was formerly known as Frontier TopCo, Inc. Kodiak Gas Services, Inc. was founded in 2010 and is headquartered in The Woodlands, Texas.

Key Stats

• Today's Range: $29.18 to $29.62
• 50-Day Range: $25.23 to $29.31
• 52-Week Range: $16.72 to $29.75
• Volume: 60,421 shs
• Average Volume: 497,038 shs
• Market Capitalization: $2.49 billion
• P/E Ratio: 33.63
• Dividend Yield: 5.54%
• Price Target: $31.38
• Consensus Rating: Moderate Buy

Kodiak Gas Services Stock Analysis - MarketRank™

Kodiak Gas Services scored higher than 48% of companies evaluated by MarketBeat, and ranked 187th out of 252 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Kodiak Gas Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Kodiak Gas Services has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 48.70%

Earnings Growth

Earnings for Kodiak Gas Services are expected to grow by 48.70% in the coming year, from $1.15 to $1.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kodiak Gas Services is 32.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kodiak Gas Services is 32.58, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.52.

Price to Book Value per Share Ratio

Kodiak Gas Services has a P/B Ratio of 1.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.95% of the float of Kodiak Gas Services has been sold short.

Short Interest Ratio / Days to Cover

Kodiak Gas Services has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Kodiak Gas Services has recently increased by 6.13%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Kodiak Gas Services is a leading dividend payer. It pays a dividend yield of 6.25%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Kodiak Gas Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kodiak Gas Services is 186.36%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Kodiak Gas Services will have a dividend payout ratio of 95.91% in the coming year. This indicates that Kodiak Gas Services may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.95% of the float of Kodiak Gas Services has been sold short.

Short Interest Ratio / Days to Cover

Kodiak Gas Services has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Kodiak Gas Services has recently increased by 6.13%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.51

News Sentiment

Kodiak Gas Services has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Kodiak Gas Services this week, compared to 2 articles on an average week.

Search Interest

Only 5 people have searched for KGS on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.

MarketBeat Follows

3 people have added Kodiak Gas Services to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kodiak Gas Services insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.18% of the stock of Kodiak Gas Services is held by insiders.

Percentage Held by Institutions

Only 24.95% of the stock of Kodiak Gas Services is held by institutions.

KGS Stock Analysis - Frequently Asked Questions

How have KGS shares performed this year?

Kodiak Gas Services' stock was trading at $20.08 at the beginning of the year. Since then, KGS stock has increased by 42.8% and is now trading at $28.67.
View the best growth stocks for 2024 here.

How were Kodiak Gas Services' earnings last quarter?

Kodiak Gas Services, Inc. (NYSE:KGS) issued its earnings results on Monday, August, 12th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by $0.29. The firm had revenue of $309.65 million for the quarter, compared to analysts' expectations of $313.88 million. Kodiak Gas Services had a trailing twelve-month return on equity of 7.20% and a net margin of 5.23%.

When did Kodiak Gas Services IPO?

Kodiak Gas Services (KGS) raised $256 million in an initial public offering on Thursday, June 29th 2023. The company issued 16,000,000 shares at a price of $16.00 per share.

Who are Kodiak Gas Services' major shareholders?

Top institutional shareholders of Kodiak Gas Services include Tortoise Capital Advisors L.L.C. (1.28%), HITE Hedge Asset Management LLC (0.93%), American Century Companies Inc. (0.68%) and Bank of New York Mellon Corp (0.64%). Insiders that own company stock include Terry Bonno, Ewan William Hamilton, Margaret C Montana and Robert Michael Mckee.
View institutional ownership trends.

How do I buy shares of Kodiak Gas Services?

Shares of KGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/12/2024
• Ex-Dividend for 8/16 Dividend: 8/12/2024
• Dividend Payable: 8/16/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural gas transmission
• Sub-Industry: Utilities
• Current Symbol: NYSE:KGS
• CUSIP: N/A
• CIK: 1767042
• Web: www.kodiakgas.com
• Phone: 936-539-3300
• Fax: N/A
• Employees: 781
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.38
• High Stock Price Target: $35.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +10.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.88
• Trailing P/E Ratio: 32.58
• Forward P/E Ratio: 24.93
• P/E Growth: N/A
• Net Income: $20.07 million
• Net Margins: 5.23%
• Pretax Margin: 7.87%
• Return on Equity: 7.20%
• Return on Assets: 2.49%

Debt

• Debt-to-Equity Ratio: 1.70
• Current Ratio: 1.05
• Quick Ratio: 0.70

Sales & Book Value

• Annual Sales: $982.11 million
• Price / Sales: 2.46
• Cash Flow: $2.77 per share
• Price / Cash Flow: 10.35
• Book Value: $14.76 per share
• Price / Book: 1.94

Miscellaneous

• Outstanding Shares: 84,294,000
• Free Float: 84,142,000
• Market Cap: $2.42 billion
• Optionable: Optionable
• Beta: 0.90