What is William Blair’s Forecast for KGS FY2025 Earnings?

Kodiak Gas Services, Inc. (NYSE:KGSFree Report) – Equities research analysts at William Blair issued their FY2025 earnings estimates for shares of Kodiak Gas Services in a report released on Tuesday, November 18th. William Blair analyst N. Dingmann forecasts that the company will post earnings of $1.62 per share for the year. William Blair has a “Outperform” rating on the stock. The consensus estimate for Kodiak Gas Services’ current full-year earnings is $1.12 per share. William Blair also issued estimates for Kodiak Gas Services’ FY2026 earnings at $2.56 EPS, FY2027 earnings at $3.65 EPS, FY2028 earnings at $4.86 EPS and FY2029 earnings at $5.54 EPS.

A number of other equities research analysts have also recently issued reports on the company. Zacks Research cut Kodiak Gas Services from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Kodiak Gas Services in a report on Monday. Barclays dropped their price target on shares of Kodiak Gas Services from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 14th. Royal Bank Of Canada lifted their price objective on shares of Kodiak Gas Services from $43.00 to $45.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Stifel Nicolaus set a $48.00 price objective on shares of Kodiak Gas Services in a research note on Thursday, November 6th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.63.

View Our Latest Analysis on Kodiak Gas Services

Kodiak Gas Services Stock Performance

Shares of NYSE KGS opened at $33.76 on Thursday. The company has a debt-to-equity ratio of 2.08, a quick ratio of 0.69 and a current ratio of 0.98. The stock has a 50 day moving average price of $34.81 and a 200 day moving average price of $34.38. The stock has a market capitalization of $2.93 billion, a PE ratio of 42.20 and a beta of 1.31. Kodiak Gas Services has a 52 week low of $29.25 and a 52 week high of $50.43.

Kodiak Gas Services (NYSE:KGSGet Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.14). Kodiak Gas Services had a net margin of 5.84% and a return on equity of 10.37%. The company had revenue of $322.74 million during the quarter, compared to the consensus estimate of $328.23 million. During the same quarter in the previous year, the business earned ($0.07) EPS. Kodiak Gas Services’s revenue was down .6% on a year-over-year basis.

Kodiak Gas Services Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 13th. Shareholders of record on Monday, November 3rd were given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 5.8%. This is a positive change from Kodiak Gas Services’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Monday, November 3rd. Kodiak Gas Services’s dividend payout ratio (DPR) is presently 245.00%.

Kodiak Gas Services declared that its board has approved a stock repurchase plan on Monday, August 11th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 1.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On Kodiak Gas Services

Large investors have recently modified their holdings of the stock. Allworth Financial LP lifted its stake in shares of Kodiak Gas Services by 1,850.0% during the 2nd quarter. Allworth Financial LP now owns 741 shares of the company’s stock worth $25,000 after buying an additional 703 shares during the last quarter. Quarry LP bought a new position in Kodiak Gas Services in the 1st quarter valued at about $30,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Kodiak Gas Services during the first quarter worth approximately $37,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Kodiak Gas Services by 1,501.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,233 shares of the company’s stock worth $42,000 after acquiring an additional 1,156 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Kodiak Gas Services by 80.4% during the third quarter. PNC Financial Services Group Inc. now owns 1,449 shares of the company’s stock worth $54,000 after acquiring an additional 646 shares during the period. 24.95% of the stock is owned by institutional investors.

Kodiak Gas Services Company Profile

(Get Free Report)

Kodiak Gas Services, Inc operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil.

Read More

Receive News & Ratings for Kodiak Gas Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kodiak Gas Services and related companies with MarketBeat.com's FREE daily email newsletter.