For its third fiscal quarter (ending September 30), KNOT Offshore Partners LP (NYSE: KNOP) has reported a -150% decline in E.P.S. from $0.32 a year ago to $-0.16 in the current quarter. For the latest four quarters through September 30, E.P.S. were $-0.63 compared to $-0.88 a year ago.
Recent Price Action
KNOT Offshore Partners LP (NYSE: KNOP) stock closed at $5.86 on 12/4/24 after a slight decline of -0.5%. Moreover, this decline was accompanied by unusually high trading volume at 198% of normal. The stock has declined -2.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
KNOT Offshore Partners has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. KNOT Offshore Partners has a good Power Rating of 76 and a very high Appreciation Score of 90, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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