The stock of FS KKR Capital Corp. (FSK) has seen a 0.37% increase in the past week, with a -0.26% drop in the past month, and a -6.90% decrease in the past quarter. The volatility ratio for the week is 1.13%, and the volatility levels for the past 30 days are at 1.17% for FSK. The simple moving average for the last 20 days is 2.21% for FSK stock, with a simple moving average of -1.79% for the last 200 days.
Is It Worth Investing in FS KKR Capital Corp. (NYSE: FSK) Right Now?
FS KKR Capital Corp. (NYSE: FSK) has a price-to-earnings ratio of 7.75x that is above its average ratio. Additionally, the 36-month beta value for FSK is 1.29. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for FSK is 266.80M and currently, short sellers hold a 1.47% ratio of that float. The average trading volume of FSK on April 11, 2024 was 1.74M shares.
FSK) stock’s latest price update
The stock price of FS KKR Capital Corp. (NYSE: FSK) has plunged by -0.31 when compared to previous closing price of 19.29, but the company has seen a 0.37% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-09 that FS KKR Capital is a large BDC with a portfolio of debt investments that earns high levels of income. The majority of their portfolio consists of floating rate loans, which benefits from elevated interest rates. The company’s dividend coverage is sufficient, but there are concerns about rising non-accruals and a decrease in interest coverage ratio.
Analysts’ Opinion of FSK
Many brokerage firms have already submitted their reports for FSK stocks, with Hovde Group repeating the rating for FSK by listing it as a “Market Perform.” The predicted price for FSK in the upcoming period, according to Hovde Group is $20 based on the research report published on February 28, 2024 of the current year 2024.
Compass Point, on the other hand, stated in their research note that they expect to see FSK reach a price target of $19.50, previously predicting the price at $21.50. The rating they have provided for FSK stocks is “Neutral” according to the report published on February 27th, 2024.
B. Riley Securities gave a rating of “Buy” to FSK, setting the target price at $21 in the report published on July 28th of the previous year.
FSK Trading at -0.68% from the 50-Day Moving Average
After a stumble in the market that brought FSK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.87% of loss for the given period.
Volatility was left at 1.17%, however, over the last 30 days, the volatility rate increased by 1.13%, as shares surge +3.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.97% lower at present.
During the last 5 trading sessions, FSK rose by +0.37%, which changed the moving average for the period of 200-days by +4.34% in comparison to the 20-day moving average, which settled at $18.85. In addition, FS KKR Capital Corp. saw -3.17% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FSK starting from Sandler Elizabeth, who purchase 1,000 shares at the price of $18.80 back on Feb 29 ’24. After this action, Sandler Elizabeth now owns 5,700 shares of FS KKR Capital Corp., valued at $18,799 using the latest closing price.
Pietrzak Daniel, the Co-President and CIO of FS KKR Capital Corp., purchase 7,300 shares at $18.73 during a trade that took place back on Feb 28 ’24, which means that Pietrzak Daniel is holding 39,800 shares at $136,729 based on the most recent closing price.
Stock Fundamentals for FSK
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 0.74 for the gross margin
The net margin for FS KKR Capital Corp. stands at 0.43. The total capital return value is set at 0.05.
Based on FS KKR Capital Corp. (FSK), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 1.2. The interest coverage ratio of the stock is 1.48.
Currently, EBITDA for the company is 1.18 billion with net debt to EBITDA at 11.65. When we switch over and look at the enterprise to sales, we see a ratio of 8.15. The receivables turnover for the company is 3.05for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In conclusion, FS KKR Capital Corp. (FSK) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
