KP Tissue (TSE:KPT) PT Lowered to C$9.00 at TD Securities

KP Tissue (TSE:KPT) had its target price decreased by TD Securities from C$9.50 to C$9.00 in a research note published on Tuesday morning, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

A number of other equities research analysts also recently weighed in on KPT. National Bankshares decreased their price target on shares of KP Tissue from C$9.50 to C$9.00 in a research note on Friday, March 8th. CIBC cut their price objective on KP Tissue from C$10.00 to C$9.00 in a report on Monday, March 11th.

KP Tissue Stock Down 0.2 %

TSE:KPT opened at C$8.27 on Tuesday. KP Tissue has a 12 month low of C$8.20 and a 12 month high of C$10.84. The firm has a market cap of C$82.37 million, a price-to-earnings ratio of -16.54, a P/E/G ratio of -0.88 and a beta of 0.35. The company’s 50 day moving average is C$8.56 and its 200-day moving average is C$9.04.

KP Tissue (TSE:KPT) last announced its quarterly earnings data on Thursday, March 7th. The company reported C$0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.21 by C($0.01). The firm had revenue of C$482.27 million for the quarter, compared to analyst estimates of C$498.00 million. Research analysts predict that KP Tissue will post 0.4827009 EPS for the current fiscal year.

KP Tissue Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 15th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.72 annualized dividend and a yield of 8.71%. KP Tissue’s dividend payout ratio (DPR) is -144.00%.

About KP Tissue

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.