Analysis of Keyfield International Berhad (KLSE: KEYFIELD):

Stock Overview

  • Current Price: MYR 2.31 (as of the latest trading session)
  • Market Cap: MYR 1.855 billion
  • 52-Week Range: MYR 1.70 – 2.90
  • PE Ratio: 7.26
  • Dividend Yield: 1.84%

Financial Performance

  • Revenue (TTM): MYR 573.85 million
  • Net Income (TTM): MYR 168.24 million
  • EPS (TTM): MYR 0.30
  • Recent Quarterly Net Profit: MYR 30.29 million, a 308.87% increase year-over-year

Recent Developments

  • Increased Fleet: The company has added four new vessels, boosting overall utilization rates to 67.1%
  • Dividend Announcement: A dividend of MYR 0.01 per share was declared, with an ex-dividend date of June 11, 2024

Analyst Insights

  • Price Target: Analysts have set a price target of MYR 3.25, indicating a potential upside of approximately 40.69% from the current price

Key Metrics

  • Trading Volume: 542,400 shares
  • Day’s Range: MYR 2.28 – 2.38
  • 4-Week Price Volatility: 66.67%

Keyfield International Berhad appears to be performing well with significant revenue growth and a strong increase in net profit. The addition of new vessels and a positive price target from analysts suggest potential for further growth.