The stock of Kilroy Realty Corp. (NYSE: KRC) has increased by 3.05 when compared to last closing price of 33.43.Despite this, the company has seen a gain of 0.53% in its stock price over the last five trading days. CNBC Television reported 2024-04-16 that Steve Sakwa, senior equity research analyst at Evercore ISI, on what’s next for commercial real estate, the impact of increasing return-to-office mandates, and more.
Is It Worth Investing in Kilroy Realty Corp. (NYSE: KRC) Right Now?
Kilroy Realty Corp. (NYSE: KRC) has a price-to-earnings ratio that is above its average at 19.88x. The stock has a 36-month beta value of 1.05. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for KRC is 114.61M, and at present, short sellers hold a 6.77% of that float. On May 10, 2024, the average trading volume of KRC was 984.36K shares.
KRC’s Market Performance
The stock of Kilroy Realty Corp. (KRC) has seen a 0.53% increase in the past week, with a 3.64% rise in the past month, and a -1.49% fall in the past quarter. The volatility ratio for the week is 3.24%, and the volatility levels for the past 30 days are at 2.69% for KRC. The simple moving average for the past 20 days is 2.92% for KRC’s stock, with a -1.14% simple moving average for the past 200 days.
Analysts’ Opinion of KRC
Many brokerage firms have already submitted their reports for KRC stocks, with Barclays repeating the rating for KRC by listing it as a “Equal Weight.” The predicted price for KRC in the upcoming period, according to Barclays is $38 based on the research report published on March 27, 2024 of the current year 2024.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see KRC reach a price target of $39, previously predicting the price at $44. The rating they have provided for KRC stocks is “Sector Perform” according to the report published on March 08th, 2024.
Deutsche Bank gave a rating of “Hold” to KRC, setting the target price at $40 in the report published on January 30th of the current year.
KRC Trading at -0.94% from the 50-Day Moving Average
After a stumble in the market that brought KRC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.57% of loss for the given period.
Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 3.24%, as shares surge +1.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.57% lower at present.
During the last 5 trading sessions, KRC rose by +0.53%, which changed the moving average for the period of 200-days by +1.65% in comparison to the 20-day moving average, which settled at $33.49. In addition, Kilroy Realty Corp. saw -13.53% 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 KRC starting from Roth Heidi Rena, who sale 5,081 shares at the price of $40.61 back on Dec 21 ’23. After this action, Roth Heidi Rena now owns 53,046 shares of Kilroy Realty Corp., valued at $206,360 using the latest closing price.
Osmond John, the EVP, Head of Asset Management of Kilroy Realty Corp., sale 3,594 shares at $40.85 during a trade that took place back on Dec 19 ’23, which means that Osmond John is holding 9,937 shares at $146,816 based on the most recent closing price.
Stock Fundamentals for KRC
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.6 for the gross margin
The net margin for Kilroy Realty Corp. stands at 0.18. The total capital return value is set at 0.01. Equity return is now at value 3.76, with 1.81 for asset returns.
Based on Kilroy Realty Corp. (KRC), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 0.95. The interest coverage ratio of the stock is 0.63.
Currently, EBITDA for the company is 708.81 million with net debt to EBITDA at 6.34. When we switch over and look at the enterprise to sales, we see a ratio of 7.56. The receivables turnover for the company is 2.37for trailing twelve months and the total asset turnover is 0.1.
Conclusion
To sum up, Kilroy Realty Corp. (KRC) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
