Kennedy-Wilson Holdings Inc (NYSE: KW)’s stock price has decreased by -1.77 compared to its previous closing price of 9.04. However, the company has seen a 3.38% increase in its stock price over the last five trading sessions. 24/7 Wall Street reported 2024-04-17 that Now that the Federal Reserve has thrown a potential wrench into the interest rate game plan, investors desire greater stability more than ever.
Is It Worth Investing in Kennedy-Wilson Holdings Inc (NYSE: KW) Right Now?
Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for KW is 116.52M, and currently, short sellers hold a 6.67% ratio of that floaft. The average trading volume of KW on May 08, 2024 was 1.42M shares.
KW’s Market Performance
KW’s stock has seen a 3.38% increase for the week, with a 5.09% rise in the past month and a -9.02% fall in the past quarter. The volatility ratio for the week is 3.91%, and the volatility levels for the past 30 days are at 3.19% for Kennedy-Wilson Holdings Inc The simple moving average for the past 20 days is 4.06% for KW’s stock, with a -26.37% simple moving average for the past 200 days.
Analysts’ Opinion of KW
Many brokerage firms have already submitted their reports for KW stocks, with BofA Securities repeating the rating for KW by listing it as a “Underperform.” The predicted price for KW in the upcoming period, according to BofA Securities is $6 based on the research report published on November 07, 2023 of the previous year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see KW reach a price target of $21. The rating they have provided for KW stocks is “Neutral” according to the report published on December 16th, 2022.
Deutsche Bank gave a rating of “Buy” to KW, setting the target price at $22 in the report published on September 08th of the previous year.
KW Trading at 5.04% from the 50-Day Moving Average
After a stumble in the market that brought KW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.05% of loss for the given period.
Volatility was left at 3.19%, however, over the last 30 days, the volatility rate increased by 3.91%, as shares sank -0.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.09% upper at present.
During the last 5 trading sessions, KW rose by +3.38%, which changed the moving average for the period of 200-days by -47.08% in comparison to the 20-day moving average, which settled at $8.53. In addition, Kennedy-Wilson Holdings Inc saw -28.27% 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 KW starting from MCMORROW WILLIAM J, who purchase 100,000 shares at the price of $12.32 back on Nov 06 ’23. After this action, MCMORROW WILLIAM J now owns 8,599,517 shares of Kennedy-Wilson Holdings Inc, valued at $1,232,000 using the latest closing price.
Stock Fundamentals for KW
Current profitability levels for the company are sitting at:
- 0.33 for the present operating margin
- 0.7 for the gross margin
The net margin for Kennedy-Wilson Holdings Inc stands at -0.55. The total capital return value is set at 0.03. Equity return is now at value -29.79, with -3.80 for asset returns.
Based on Kennedy-Wilson Holdings Inc (KW), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 3.02. The interest coverage ratio of the stock is 1.48.
Currently, EBITDA for the company is 212.1 million with net debt to EBITDA at -42.32. When we switch over and look at the enterprise to sales, we see a ratio of 11.1. The receivables turnover for the company is 5.43for trailing twelve months and the total asset turnover is 0.07.
Conclusion
In a nutshell, Kennedy-Wilson Holdings Inc (KW) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
