Knot Offshore Partners Stock Today
| KNOP Stock | USD 5.41 0.17 3.24% |
Performance0 of 100
| Odds Of DistressLess than 39
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KNOT Offshore is selling at 5.41 as of the 7th of May 2024; that is 3.24% increase since the beginning of the trading day. The stock's last reported lowest price was 5.35. KNOT Offshore has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Note, on February 14, 2022, Representative Mark E Green of US Congress acquired $250k to $500k worth of KNOT Offshore Partners's common stock.
Business Domain Energy | IPO Date 10th of April 2013 | Category Industrials |
KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom. Knot Offshore operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. The company has 34.05 M outstanding shares of which 23.9 K shares are now shorted by private and institutional investors with about 0.35 trading days to cover. More on KNOT Offshore Partners
Moving against KNOT Stock
| 0.84 | NMM | Navios Maritime Partners Financial Report 28th of May 2024 | PairCorr |
| 0.75 | EGLE | Eagle Bulk Shipping | PairCorr |
| 0.75 | GOGL | Golden Ocean Group Financial Report 21st of May 2024 | PairCorr |
| 0.74 | SB | Safe Bulkers Financial Report 8th of May 2024 | PairCorr |
| 0.74 | PXSAP | Pyxis Tankers | PairCorr |
| 0.74 | GNK | Genco Shipping Trading | PairCorr |
| 0.72 | SB-PD | Safe Bulkers | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 23rd of May 2024
KNOT Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. KNOT Offshore's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding KNOT Offshore or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO CFO | Derek Lowe | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Outsourcing (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Marine Shipping, Industrials, Outsourcing, Energy, Oil, Gas & Consumable Fuels, Marine Shipping, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering KNOT Offshore report their recommendations after researching KNOT Offshore's financial statements, talking to executives and customers, or listening in on KNOT Offshore's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering KNOT Offshore Partners. The KNOT consensus assessment is calculated by taking the average forecast from all of the analysts covering KNOT Offshore. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from KNOT Offshore's historical financial statements, KNOT Offshore Partners may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. Financial strength of KNOT Offshore Partners is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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KNOT Offshore's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to KNOT Offshore's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand KNOT Offshore's financial leverage. It provides some insight into what part of KNOT Offshore's total assets is financed by creditors.
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KNOT Offshore Partners (KNOP) is traded on New York Stock Exchange in USA. It is located in 2 Queens Cross, Aberdeen, United Kingdom, AB15 4YB and employs 1 people. KNOT Offshore is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 189.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate KNOT Offshore's market, we take the total number of its shares issued and multiply it by KNOT Offshore's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. KNOT Offshore Partners conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 34.05 M outstanding shares of which 23.9 K shares are now shorted by private and institutional investors with about 0.35 trading days to cover.
KNOT Offshore Partners currently holds about 88.47 M in cash with 131.64 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.53.
Check KNOT Offshore Probability Of Bankruptcy
Ownership AllocationKNOT Offshore Partners holds a total of 34.05 Million outstanding shares. KNOT Offshore Partners holds noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that on February 14, 2022, Representative Mark E Green of US Congress acquired $250k to $500k worth of KNOT Offshore Partners's common stock.
Check KNOT Ownership Details
KNOT Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of KNOT Offshore jumping above the current price in 90 days from now is about 40.52%. The KNOT Offshore Partners probability density function shows the probability of KNOT Offshore stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days KNOT Offshore Partners has a beta of -0.4182. This indicates as returns on the benchmark increase, returns on holding KNOT Offshore are expected to decrease at a much lower rate. During a bear market, however, KNOT Offshore Partners is likely to outperform the market. Additionally, kNOT Offshore Partners has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of KNOT Offshore to move above the current price in 90 days from now is about 40.52 (This KNOT Offshore Partners probability density function shows the probability of KNOT Stock to fall within a particular range of prices over 90 days) .
KNOT Stock Institutional Holders
Institutional Holdings refers to the ownership stake in KNOT Offshore that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of KNOT Offshore's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing KNOT Offshore's value.| Instituion | Recorded On | 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 Historical Income Statement
KNOT Offshore Partners Income Statement is one of the three primary financial statements used for reporting KNOT's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of KNOT Offshore Partners revenue and expense. KNOT Offshore Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, KNOT Offshore's Interest Expense is relatively stable compared to the past year. As of 05/07/2024, Gross Profit is likely to grow to about 89.7 M, while Total Revenue is likely to drop slightly above 213.7 M. View More FundamentalsKNOT Stock Against Markets
Picking the right benchmark for KNOT Offshore stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in KNOT Offshore stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for KNOT Offshore is critical whether you are bullish or bearish towards KNOT Offshore Partners at a given time. Please also check how KNOT Offshore's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in KNOT Offshore without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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KNOT Offshore Corporate Directors
KNOT Offshore corporate directors refer to members of a KNOT Offshore board of directors. The board of directors generally takes responsibility for the KNOT Offshore's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of KNOT Offshore's board members must vote for the resolution. The KNOT Offshore board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Beyer | Director of KNOT Offshore Partners GP LLC | Profile | |
| Edward Waryas | Independent Director of KNOT Offshore Partners GP LLC | Profile | |
| Hans Aas | Independent Director of KNOT Offshore Partners GP LLC | Profile | |
| Andrew Beveridge | Independent Director of KNOT Offshore Partners GP LLC | Profile |
How to buy KNOT Stock?
Before investing in KNOT Offshore, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in KNOT Offshore. To buy KNOT Offshore stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of KNOT Offshore. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase KNOT Offshore stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located KNOT Offshore Partners stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased KNOT Offshore Partners stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as KNOT Offshore Partners, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy KNOT Stock please use our How to Invest in KNOT Offshore guide.
Already Invested in KNOT Offshore Partners?
The danger of trading KNOT Offshore Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of KNOT Offshore is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than KNOT Offshore. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile KNOT Offshore Partners is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether KNOT Offshore Partners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if KNOT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Knot Offshore Partners Stock. Highlighted below are key reports to facilitate an investment decision about Knot Offshore Partners Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KNOT Offshore Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.