KNOT Offshore Partners LP (NYSE: KNOP). Meaningful negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for KNOT Offshore Partners LP (NYSE: KNOP): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
KNOP’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
KNOT Offshore Partners has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. KNOT Offshore Partners has a very high Appreciation Score of 91 but a poor Power Rating of 29, producing the High Neutral Value Trend Rating.
Recent Price Action
KNOT Offshore Partners LP (NYSE: KNOP) stock declined modestly by -1.4% on 4/26/24. The stock closed at $4.99. Moreover, trading volume in this decline was exceptionally high at 281% of normal. Relative to the market the stock has been weak over the last nine months and has declined -0.6% during the last week.
Be the first to comment