Eastman Kodak Co (NYSE: KODK) has experienced a rise in its stock price by 15.10 compared to its previous closing price of 4.57. However, the company has seen a fall of -4.36% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-12 that Eastman Kodak Company (NYSE:KODK ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Anthony Redding – Chief Compliance Officer Jim Continenza – Executive Chairman and Chief Executive Officer David Bullwinkle – Chief Financial Officer and Senior Vice President Conference Call Participants Operator Good day and thank you for standing by. Welcome to the Eastman Kodak Third Quarter 2024 Earnings Conference Call.
Is It Worth Investing in Eastman Kodak Co (NYSE: KODK) Right Now?
The price-to-earnings ratio for Eastman Kodak Co (NYSE: KODK) is above average at 7.52x, Company’s 36-month beta value is 3.64.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for KODK is 62.72M, and currently, short sellers hold a 7.73% ratio of that floaft. The average trading volume of KODK on November 20, 2024 was 521.96K shares.
KODK’s Market Performance
KODK’s stock has seen a -4.36% decrease for the week, with a 11.21% rise in the past month and a 4.57% gain in the past quarter. The volatility ratio for the week is 11.38%, and the volatility levels for the past 30 days are at 6.00% for Eastman Kodak Co The simple moving average for the past 20 days is 6.34% for KODK’s stock, with a 6.59% simple moving average for the past 200 days.
KODK Trading at 8.08% from the 50-Day Moving Average
After a stumble in the market that brought KODK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.89% of loss for the given period.
Volatility was left at 6.00%, however, over the last 30 days, the volatility rate increased by 11.38%, as shares surge +11.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.04% upper at present.
During the last 5 trading sessions, KODK fell by -4.36%, which changed the moving average for the period of 200-days by +56.08% in comparison to the 20-day moving average, which settled at $4.95. In addition, Eastman Kodak Co saw 34.87% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for KODK
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.19 for the gross margin
The net margin for Eastman Kodak Co stands at 0.07. The total capital return value is set at -0.01. Equity return is now at value 6.85, with 3.41 for asset returns.
Based on Eastman Kodak Co (KODK), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is -0.3.
Currently, EBITDA for the company is 169.0 million with net debt to EBITDA at 1.83. When we switch over and look at the enterprise to sales, we see a ratio of 0.64. The receivables turnover for the company is 7.36for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.41.
Conclusion
In a nutshell, Eastman Kodak Co (KODK) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
