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

KP Tissue Inc. (TSE:KPT)’s stock price hit a new 52-week high on Tuesday . The company traded as high as C$11.32 and last traded at C$11.15, with a volume of 853 shares traded. The stock had previously closed at C$11.09.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial upped their price target 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 investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$10.25.

KP Tissue Stock Performance

The business’s 50 day moving average price is C$10.91 and its two-hundred day moving average price is C$10.29. The company has a market capitalization of C$110.71 million, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of -0.88 and a beta of 0.43.

KP Tissue (TSE:KPT) last issued its quarterly earnings results on Wednesday, February 18th. The company reported C$0.26 earnings per share for the quarter. On average, sell-side analysts expect that KP Tissue Inc. will post 0.4398964 earnings per share for the current year.

KP Tissue Company Profile

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.