Analyst Rating: Will Katapult Holdings Inc (KPLT) Stock Outperform the Market?

Monday, May 16, 2022 01:22 PM | InvestorsObserver Analysts

Mentioned in this article

Analysts who follow Katapult Holdings Inc (KPLT) on average expect it to gain 479.71% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns KPLT an Analyst Ranking of 4, which means it ranks higher than 4 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating KPLT a Hold today. Find out what this means to you and get the rest of the rankings on KPLT!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Katapult Holdings Inc Stock Today?

Katapult Holdings Inc (KPLT) stock has risen 1.1% while the S&P 500 is lower by -0.11% as of 1:21 PM on Monday, May 16. KPLT has gained $0.01 from the previous closing price of $1.36 on volume of 175,572 shares. Over the past year the S&P 500 is lower by -3.46% while KPLT is lower by -87.60%. KPLT earned $0.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 5.22. Click Here to get the full Stock Report for Katapult Holdings Inc stock.

Share this article: