Knot Offshore Partners LP's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 62 out of 97 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 10.00.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Knot Offshore Partners LP is 8.80, ranking 8 out of 97 in the Oil & Gas Related Equipment and Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 96.87M, representing a year-over-year increase of 26.97%, while its net profit experienced a year-over-year increase of 345.09%.
Key Metrics
The current valuation score of Knot Offshore Partners LP is 8.76, ranking 9 out of 97 in the Oil & Gas Related Equipment and Services industry. Its current P/E ratio is 8.30, which is 354.65% below the recent high of 37.74 and 879.90% above the recent low of -64.73.
The current earnings forecast score of Knot Offshore Partners LP is 6.00, ranking 75 out of 97 in the Oil & Gas Related Equipment and Services industry. The average price target is 10.00, with a high of 12.00 and a low of 10.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Knot Offshore Partners LP is 6.61, ranking 92 out of 97 in the Oil & Gas Related Equipment and Services industry. Currently, the stock price is trading between the resistance level at 10.95 and the support level at 10.02, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Knot Offshore Partners LP is 3.00, ranking 65 out of 97 in the Oil & Gas Related Equipment and Services industry. The latest institutional shareholding proportion is 30.24%, representing a quarter-over-quarter increase of 5.73%. The largest institutional shareholder is James Simons, holding a total of 1.19M shares, representing 3.53% of shares outstanding, with 1.68% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas Related Equipment and Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Knot Offshore Partners LP is 4.77, ranking 80 out of 97 in the Oil & Gas Related Equipment and Services industry. The company's beta value is -0.14. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
