Knot Offshore Partners Stock Buy Hold or Sell Recommendation
| KNOP Stock | USD 5.09 0.01 0.20% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding KNOT Offshore Partners is 'Hold'. Macroaxis provides KNOT Offshore buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KNOP positions. The advice algorithm takes into account all of KNOT Offshore's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting KNOT Offshore's buy or sell advice are summarized below:
Real Value 6.69 | Target Price 11.5 | Hype Value 5.06 | Market Value 5.09 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell KNOT Offshore Partners given historical horizon and risk tolerance towards KNOT Offshore. When Macroaxis issues a 'buy' or 'sell' recommendation for KNOT Offshore Partners, the advice is generated through an automated system that utilizes algorithms and statistical models.
KNOT |
Execute KNOT Offshore Buy or Sell Advice
The KNOT recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on KNOT Offshore Partners. Macroaxis does not own or have any residual interests in KNOT Offshore Partners or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute KNOT Offshore's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
KNOT Offshore Trading Alerts and Improvement Suggestions
| KNOT Offshore generated a negative expected return over the last 90 days | |
| The company currently holds 958.91 M in liabilities with Debt to Equity (D/E) ratio of 1.47, which is about average as compared to similar companies. KNOT Offshore Partners has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist KNOT Offshore until it has trouble settling it off, either with new capital or with free cash flow. So, KNOT Offshore's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like KNOT Offshore Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KNOT to invest in growth at high rates of return. When we think about KNOT Offshore's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 290.72 M. Net Loss for the year was (33.57 M) with profit before overhead, payroll, taxes, and interest of 178.98 M. | |
| About 29.0% of KNOT Offshore outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: KNOT Offshore Partners LP Declares Quarterly Dividend of 0.03 - MarketBeat |
KNOT Offshore Returns Distribution Density
The distribution of KNOT Offshore's historical returns is an attempt to chart the uncertainty of KNOT Offshore's future price movements. The chart of the probability distribution of KNOT Offshore daily returns describes the distribution of returns around its average expected value. We use KNOT Offshore Partners price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of KNOT Offshore returns is essential to provide solid investment advice for KNOT Offshore.
| Mean Return | -0.2 | Value At Risk | -2.62 | Potential Upside | 3.53 | Standard Deviation | 1.74 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of KNOT Offshore historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
KNOT Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as KNOT Offshore is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading KNOT Offshore Partners backward and forwards among themselves. KNOT Offshore's institutional investor refers to the entity that pools money to purchase KNOT Offshore's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of America Corp | 2023-09-30 | 30.3 K | Jump Financial, Llc | 2023-12-31 | 26.5 K | Susquehanna International Group, Llp | 2023-09-30 | 26.1 K | Arrow Investment Advisors Llc | 2023-12-31 | 25.5 K | Occudo Quantitative Strategies Lp | 2023-09-30 | 23.1 K | Wells Fargo & Co | 2023-09-30 | 22.4 K | Naples Global Advisors, Llc | 2023-12-31 | 20.6 K | Ae Wealth Management Llc | 2023-09-30 | 18.6 K | Davidson Trust Co | 2023-12-31 | 13.8 K | Amvescap Plc. | 2023-09-30 | 1.8 M | Renaissance Technologies Corp | 2023-12-31 | 1.3 M |
KNOT Offshore Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 152K | (225K) | (653K) | (2.2M) | 2.1M | 2.2M | |
| Change In Cash | 1.8M | 9.1M | 9.7M | (14.7M) | 16.3M | 17.2M | |
| Free Cash Flow | 165.7M | 168.9M | 154.9M | 97.6M | 128.9M | 102.4M | |
| Depreciation | 88.9M | 88.8M | 98.6M | 106.0M | 110.9M | 71.6M | |
| Other Non Cash Items | 2.4M | (221K) | 23.8M | (53.8M) | 248.7M | 261.1M | |
| Net Income | 59.0M | 65.2M | 53.9M | 58.7M | (33.6M) | (31.9M) | |
| End Period Cash Flow | 43.5M | 52.6M | 62.3M | 47.6M | 63.9M | 40.0M | |
| Net Borrowings | (84.5M) | (59.8M) | (61.5M) | 391K | 449.7K | 472.1K | |
| Change To Netincome | 18.3M | 18.7M | 5.0M | (55.6M) | (50.0M) | (47.5M) | |
| Investments | (9K) | (21.4M) | (11.5M) | (35.5M) | (3.3M) | (3.5M) |
KNOT Offshore Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to KNOT Offshore or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that KNOT Offshore's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a KNOT stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.21 | |
β | Beta against NYSE Composite | 0.08 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | -0.16 |
KNOT Offshore Volatility Alert
KNOT Offshore Partners exhibits very low volatility with skewness of 0.14 and kurtosis of 2.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure KNOT Offshore's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact KNOT Offshore's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.KNOT Offshore Fundamentals Vs Peers
Comparing KNOT Offshore's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze KNOT Offshore's direct or indirect competition across all of the common fundamentals between KNOT Offshore and the related equities. This way, we can detect undervalued stocks with similar characteristics as KNOT Offshore or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of KNOT Offshore's fundamental indicators could also be used in its relative valuation, which is a method of valuing KNOT Offshore by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare KNOT Offshore to competition |
| Fundamentals | KNOT Offshore | Peer Average |
| Return On Equity | -0.0545 | -0.31 |
| Return On Asset | 0.027 | -0.14 |
| Profit Margin | (0.12) % | (1.27) % |
| Operating Margin | 0.24 % | (5.51) % |
| Current Valuation | 1.16 B | 16.62 B |
| Shares Outstanding | 34.05 M | 571.82 M |
| Shares Owned By Insiders | 28.64 % | 10.09 % |
| Shares Owned By Institutions | 21.10 % | 39.21 % |
| Number Of Shares Shorted | 28.25 K | 4.71 M |
| Price To Earning | 8.08 X | 28.72 X |
| Price To Book | 0.30 X | 9.51 X |
| Price To Sales | 0.63 X | 11.42 X |
| Revenue | 290.72 M | 9.43 B |
| Gross Profit | 178.98 M | 27.38 B |
| EBITDA | 185.69 M | 3.9 B |
| Net Income | (33.57 M) | 570.98 M |
| Cash And Equivalents | 88.47 M | 2.7 B |
| Cash Per Share | 2.53 X | 5.01 X |
| Total Debt | 958.91 M | 5.32 B |
| Debt To Equity | 1.47 % | 48.70 % |
| Current Ratio | 0.94 X | 2.16 X |
| Book Value Per Share | 14.97 X | 1.93 K |
| Cash Flow From Operations | 131.64 M | 971.22 M |
| Short Ratio | 0.35 X | 4.00 X |
| Earnings Per Share | (1.19) X | 3.12 X |
| Price To Earnings To Growth | 10.45 X | 4.89 X |
| Target Price | 11.5 | |
| Number Of Employees | 1 | 18.84 K |
| Beta | 0.63 | -0.15 |
| Market Capitalization | 178.18 M | 19.03 B |
| Total Asset | 1.6 B | 29.47 B |
| Working Capital | (37.8 M) | 1.48 B |
| Current Asset | 27.43 M | 9.34 B |
KNOT Offshore Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as KNOT . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3616.23 | |||
| Daily Balance Of Power | (0.05) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.11 | |||
| Day Typical Price | 5.1 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.01) |
About KNOT Offshore Buy or Sell Advice
When is the right time to buy or sell KNOT Offshore Partners? Buying financial instruments such as KNOT Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 969.9M | 1.1B | 958.9M | 864.8M | Total Assets | 1.7B | 1.7B | 1.6B | 1.5B |
Use Investing Ideas to Build Portfolios
In addition to having KNOT Offshore in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out KNOT Offshore Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for KNOT Stock analysis
When running KNOT Offshore's price analysis, check to measure KNOT Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KNOT Offshore is operating at the current time. Most of KNOT Offshore's value examination focuses on studying past and present price action to predict the probability of KNOT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KNOT Offshore's price. Additionally, you may evaluate how the addition of KNOT Offshore to your portfolios can decrease your overall portfolio volatility.
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Is KNOT Offshore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KNOT Offshore. If investors know KNOT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KNOT Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 0.104 | Earnings Share (1.19) | Revenue Per Share 8.24 | Quarterly Revenue Growth 0.024 |
The market value of KNOT Offshore Partners is measured differently than its book value, which is the value of KNOT that is recorded on the company's balance sheet. Investors also form their own opinion of KNOT Offshore's value that differs from its market value or its book value, called intrinsic value, which is KNOT Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KNOT Offshore's market value can be influenced by many factors that don't directly affect KNOT Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KNOT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if KNOT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KNOT Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.