KNOT Offshore Stock Target Price and Analyst Consensus

KNOP Stock  USD 4.98  0.06  1.19%   
The current analyst and expert consensus on KNOT Offshore is Strong Buy, with 2 strong buy opinions. The current projected KNOT Offshore target price consensus is 11.50 with 2 analyst opinions. The most common way KNOT Offshore Partners analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview KNOT Offshore executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on KNOT Offshore. We encourage you to use your own analysis of KNOT Offshore Partners to validate this buy or sell advice. KNOT Offshore buy-or-sell recommendation module provides average expert sentiment on the projected KNOT Offshore Partners target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on KNOT Offshore to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
10.47
Highest Forecast
12.77
Target Price
11.5
At this time, KNOT Offshore's Gross Profit is relatively stable compared to the past year. As of 04/18/2024, Operating Profit Margin is likely to grow to 0.44, though Pretax Profit Margin is likely to grow to (0.13). At this time, KNOT Offshore's Common Stock is relatively stable compared to the past year.
  
It's important to approach KNOT Offshore's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

KNOT Offshore Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. KNOT target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. KNOT Offshore's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   2  Strong Buy
Most KNOT analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand KNOT stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of KNOT Offshore Partners, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

KNOT Offshore Target Price Projection

KNOT Offshore's current and average target prices are 4.98 and 11.50, respectively. The current price of KNOT Offshore is the price at which KNOT Offshore Partners is currently trading. On the other hand, KNOT Offshore's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

KNOT Offshore Market Quote on 18th of April 2024

Low Price4.94Odds
High Price5.15Odds

4.98

Target Price

Analyst Consensus On KNOT Offshore Target Price

Low Estimate10.47Odds
High Estimate12.77Odds

11.5

Historical Lowest Forecast  10.47 Target Price  11.5 Highest Forecast  12.77
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on KNOT Offshore Partners and the information provided on this page.

KNOT Offshore Analyst Ratings

KNOT Offshore's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about KNOT Offshore stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of KNOT Offshore's financials, market performance, and future outlook by experienced professionals. KNOT Offshore's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize KNOT Offshore price targets

KNOT Offshore's stock target price is an estimate of its future price, usually made by analysts. Using KNOT Offshore's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at KNOT Offshore's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if KNOT Offshore's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional KNOT Offshore Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of KNOT Offshore is a key component of KNOT Offshore valuation and have some predictive power on the future returns of a KNOT Offshore.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KNOT Offshore's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
3.244.976.70
Details
Intrinsic
Valuation
LowRealHigh
4.646.378.10
Details
Naive
Forecast
LowNextHigh
3.164.896.63
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.07-0.06-0.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KNOT Offshore. Your research has to be compared to or analyzed against KNOT Offshore's peers to derive any actionable benefits. When done correctly, KNOT Offshore's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KNOT Offshore Partners.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested over 70 shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
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 Macroaxis Advice on KNOT Offshore to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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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The data published in KNOT Offshore's official financial statements usually reflect KNOT Offshore's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of KNOT Offshore Partners. For example, before you start analyzing numbers published by KNOT accountants, it's critical to develop an understanding of what KNOT Offshore's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of KNOT Offshore's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, KNOT Offshore's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in KNOT Offshore's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of KNOT Offshore Partners. Please utilize our Beneish M Score to check the likelihood of KNOT Offshore's management manipulating its earnings.