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

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

Analyst Upgrades and Downgrades

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

KP Tissue Trading Down 0.5%

The company 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 price of C$10.75 and a 200-day moving average price of C$10.20.

KP Tissue (TSE:KPT) last issued its quarterly earnings results on Wednesday, February 18th. The company reported C$0.26 earnings per share (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.