KNOT Offshore Partners LP is in the industrials sector and is in the transportation and logistics industry. The company CEO is John Costain. KNOT Offshore Partners LP owns, operates and shuttles tankers under long-term charters in North Sea and Brazil. The company provides crude oil loading, transportation, and storage services under time charters and bareboat charters.



Previous Intraday Performance:

The KNOP shares had a previous change of 0.85% which opened at 18.94 and closed at 19.06. It moved to an intraday high of 19.12 and a low of 18.86.

SeekingAlpha:  Knot Offshore Partners: Full Speed Ahead

Historical Performance:

Over the last five trading days, KNOP shares returned 0.05% and in the past 30 trading days it returned -2.90%. Over three months, it changed 9.36%. In one year it has changed -1.29% and within that year its 52 week high was 22.75 and its 52 week low was 17.18. KNOP stock is 10.94% above its 52 week low.

Our calculations result in a 200 day moving average of 18.96 and a 50 day moving average of 19.33. Right now, KNOP stock is trading 0.51% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Knot Offshore Partners: Full Speed Ahead

Liquidity:

The company has a market cap of $623.1m with 32.7m shares outstanding and a float of 32.7m shares. Trading volume was 56,894 shares and has experienced an average volume of 88,049 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for KNOT Offshore Partners LP was 2.44 which ended on 31st of December 2018, which according to the previous close, that is a PE of 7.81. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.62.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-23-2019: 0.39
4thQtr 2018Reported 03-13-2019: 0.27
3rdQtr 2018Reported 11-26-2018: 0.64
2ndQtr 2018Reported 09-04-2018: 0.59
1stQtr 2018Reported 06-05-2018: 0.94

Base on our calculations, the intrinsic value per share is 45.70, which means it might be undervalued and has a margin of safety of 58.29%.

The long-term trend of the EPS is a vital number as it helps understand the future potential of KNOT Offshore Partners LP; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 10.10% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 66.40% of institutional ownership. Short-interest was 73,227, which was 0.22% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.67. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 0.59.

SeekingAlpha:  Jumei announces $100M share repurchase plan, shares up 12% premarket

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 3.15%, profit margin is 22.78%, price-to-sales is 2.20 and price-to-book is 0.85.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 0  : Financial Safety Result
 3  : Past Performance Result
 6  : Valuation Result
 2  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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