Kodiak Gas Services Inc (NYSE: KGS) is -11.61% lower on its value in year-to-date trading and has touched a low of $24.83 and a high of $50.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KGS stock was last observed hovering at around $37.01 in the last trading session, with the day’s loss setting it -0.92%.
Currently trading at $36.09, the stock is -11.55% and -17.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -2.49% at the moment leaves the stock 5.97% off its SMA200. KGS registered 41.36% gain for a year compared to 6-month gain of 37.17%. The firm has a 50-day simple moving average (SMA 50) of $43.6728 and a 200-day simple moving average (SMA200) of $34.0558.
The stock witnessed a -20.33% loss in the last 1 month and extending the period to 3 months gives it a -13.08%, and is 4.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.71% over the week and 5.02% over the month.
Kodiak Gas Services Inc (KGS) has around 1300 employees, a market worth around $3.17B and $1.16B in sales. Current P/E ratio is 61.99 and Fwd P/E is 16.33. Profit margin for the company is 4.15%. Distance from 52-week low is 45.32% and -28.44% from its 52-week high. The company has generated returns on investments over the last 12 months (1.20%).
The EPS is expected to grow by 221.35% this year
297.0 institutions hold shares in Kodiak Gas Services Inc (KGS), with institutional investors hold 96.88% of the company’s shares. The shares outstanding are 87.81M, and float is at 49.68M with Short Float at 7.60%. Institutions hold 96.33% of the Float.
The top institutional shareholder in the company is ION ASSET MANAGEMENT LTD. with over 1.27 million shares valued at $34.51 million. The investor’s holdings represent 1.5033 of the KGS Shares outstanding. As of 2024-06-30, the second largest holder is TORTOISE CAPITAL ADVISORS, L.L.C. with 1.08 million shares valued at $29.45 million to account for 1.2829 of the shares outstanding. The other top investors are HITE HEDGE ASSET MANAGEMENT LLC which holds 0.78 million shares representing 0.9271 and valued at over $21.28 million, while AMERICAN CENTURY COMPANIES INC holds 0.6833 of the shares totaling 0.58 million with a market value of $15.68 million.
Kodiak Gas Services Inc (KGS) Insider Activity
The most recent transaction is an insider sale by Frontier TopCo Partnership, L., the company’s 10% Owner. SEC filings show that Frontier TopCo Partnership, L. sold 3,728,677 shares of the company’s common stock on Jan 30 ’25 at a price of $47.50 per share for a total of $177.11 million. Following the sale, the insider now owns 34.77 million shares.
Still, SEC filings show that on Dec 12 ’24, Frontier TopCo Partnership, L. (10% Owner) disposed off 5,500,000 shares at an average price of $42.09 for $231.47 million. The insider now directly holds 38,500,000 shares of Kodiak Gas Services Inc (KGS).
