Analysts’ expectations for Kodiak Gas Services Inc (KGS) stock: $31.5 price target in 12 months

Kodiak Gas Services Inc [KGS] stock prices are up 2.72% to $28.67 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KGS shares have gain 9.22% over the last week, with a monthly amount glided 10.27%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On March 08, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $27 on the stock. Raymond James reiterated its Outperform rating and increased its price target to $23 on August 11, 2023. Truist initiated its recommendation with a Buy and recommended $24 as its price target on July 24, 2023. Stifel started tracking with a Buy rating for this stock on July 24, 2023, and assigned it a price target of $22. In a note dated July 24, 2023, RBC Capital Mkts initiated an Outperform rating and provided a target price of $25 on this stock.

The stock price of Kodiak Gas Services Inc [KGS] has been fluctuating between $16.72 and $29.75 over the past year. Currently, Wall Street analysts expect the stock to reach $31.5 within the next 12 months. Kodiak Gas Services Inc [NYSE: KGS] shares were valued at $28.67 at the most recent close of the market. An investor can expect a potential return of 9.87% based on the average KGS price forecast.

Analyzing the KGS fundamentals

The Kodiak Gas Services Inc [NYSE:KGS] reported sales of 982.11M for trailing twelve months, representing a surge of 52.31%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.91.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.15 points at the first support level, and at 27.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.18, and for the 2nd resistance point, it is at 29.69.

Ratios To Look Out For

It’s worth pointing out that Kodiak Gas Services Inc [NYSE:KGS]’s Current Ratio is 1.05. In addition, the Quick Ratio stands at 0.70 and the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 2.47, the price to book ratio is 1.84 and price to earnings (TTM) ratio is 44.23.

Transactions by insiders

Recent insider trading involved Frontier TopCo Partnership, L., 10% Owner, that happened on Sep 09 ’24 when 7.0 million shares were sold. Director, Montana Margaret C completed a deal on Aug 16 ’24 to buy 110.0 shares. Meanwhile, Director Montana Margaret C bought 2000.0 shares on Mar 12 ’24.

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