In yesterday’s Wall Street session, Eastman Kodak Company (NYSE:KODK) shares traded at $6.06, up 4.12% from the previous session.
1 analysts cover Eastman Kodak Company (NYSE:KODK), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $1.00 and a low of $1.00, we find $1.00. Given the previous closing price of $5.82, this indicates a potential downside of -82.82 percent. KODK stock price is now 36.27% away from the 50-day moving average and 46.75% away from the 200-day moving average. The market capitalization of the company currently stands at $418.08M.
The stock has received a hold rating from 1 analysts and a buy rating from 0. Brokers who have rated the stock have averaged $1.00 as their price target over the next twelve months.
In other news, Katz Philippe D, Director bought 3,000 shares of the company’s stock on May 22. The stock was bought for $13,770 at an average price of $4.59. Upon completion of the transaction, the Director now directly owns 155,496 shares in the company, valued at $0.94 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 19, Director SILECK MICHAEL bought 15,000 shares of the business’s stock. A total of $65,850 was incurred on buying the stock at an average price of $4.39. This leaves the insider owning 74,575 shares of the company worth $0.45 million. Insiders disposed of 2,068 shares of company stock worth roughly $12532.08 over the past 1 year. A total of 21.60% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in KODK stock. A new stake in Eastman Kodak Company shares was purchased by GMT CAPITAL CORP during the first quarter worth $458,000. QUINN OPPORTUNITY PARTNERS LLC invested $371,000 in shares of KODK during the first quarter. In the first quarter, GRAHAM CAPITAL MANAGEMENT, L.P. acquired a new stake in Eastman Kodak Company valued at approximately $338,000. KRILOGY FINANCIAL LLC acquired a new stake in KODK for approximately $242,000. TWO SIGMA ADVISERS, LP purchased a new stake in KODK valued at around $153,000 in the second quarter. In total, there are 167 active investors with 31.50% ownership of the company’s stock.
On Monday morning Eastman Kodak Company (NYSE: KODK) stock kicked off with the opening price of $5.84. During the past 12 months, Eastman Kodak Company has had a low of $2.78 and a high of $7.24. As of last week, the company has a debt-to-equity ratio of 0.30, a current ratio of 2.30, and a quick ratio of 1.50. The fifty day moving average price for KODK is $4.50 and a two-hundred day moving average price translates $4.13 for the stock.
The latest earnings results from Eastman Kodak Company (NYSE: KODK) was released for Mar, 2023. The net profit margin was 4.20% and return on equity was 5.10% for KODK. The company reported revenue of $278.0 million for the quarter, compared to $290.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.14 percent.
Eastman Kodak Company(KODK) Company Profile
Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through four segments: Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand. The Traditional Printing segment offers digital offset plate and computer-to-plate imaging solutions to commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging. The Digital Printing segment provides electrophotographic printing solutions, such as The ASCEND and NEXFINITY printers; prosper products, including the PROSPER 6000 Press, PROSPER Writing Systems, PROSPER press systems, and PROSPER components; versamark products; and PRINERGY workflow production software. The Advanced Materials and Chemicals segment engages in industrial film and chemicals, motion picture, and advanced materials and functional printing businesses. This segment also comprises the Kodak Research Laboratories, which conducts research, develops new product or new business opportunities, and files patent applications for its inventions and innovations, as well as manages licensing of its intellectual property to third parties. The Brand segment engages in the licensing of Kodak brand to third parties. The company engages in the operation of Eastman Business Park, a technology center and industrial complex. It sells its products and services through direct sales, third party resellers, dealers, channel partners, and distributors. Eastman Kodak Company was founded in 1880 and is headquartered in Rochester, New York.
