The stock price of KKR & Co. Inc (NYSE: KKR) has surged by 0.20 when compared to previous closing price of 122.15, but the company has seen a 3.15% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-26 that KKR JV approaching $500 million in value with new asset contributions KKR JV approaching $500 million in value with new asset contributions
Is It Worth Investing in KKR & Co. Inc (NYSE: KKR) Right Now?
The price-to-earnings ratio for KKR & Co. Inc (NYSE: KKR) is above average at 28.91x. The 36-month beta value for KKR is also noteworthy at 1.62. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 4 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for KKR is 671.30M, and at present, short sellers hold a 1.90% of that float. The average trading volume of KKR on August 28, 2024 was 6.72M shares.
KKR’s Market Performance
KKR stock saw an increase of 3.15% in the past week, with a monthly gain of 3.20% and a quarterly increase of 16.08%. The volatility ratio for the week is 1.64%, and the volatility levels for the last 30 days are 3.12% for KKR & Co. Inc (KKR). The simple moving average for the last 20 days is 5.06% for KKR stock, with a simple moving average of 26.97% for the last 200 days.
Analysts’ Opinion of KKR
TD Cowen, on the other hand, stated in their research note that they expect to see KKR reach a price target of $96. The rating they have provided for KKR stocks is “Outperform” according to the report published on January 04th, 2024.
Oppenheimer gave a rating of “Outperform” to KKR, setting the target price at $94 in the report published on November 30th of the previous year.
KKR Trading at 8.24% from the 50-Day Moving Average
After a stumble in the market that brought KKR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.97% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares surge +2.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.10% upper at present.
During the last 5 trading sessions, KKR rose by +3.15%, which changed the moving average for the period of 200-days by +96.11% in comparison to the 20-day moving average, which settled at $116.62. In addition, KKR & Co. Inc saw 47.72% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KKR starting from KKR Group Partnership L.P., who sale 2,554,644 shares at the price of $18.85 back on Jul 25 ’24. After this action, KKR Group Partnership L.P. now owns 0 shares of KKR & Co. Inc, valued at $48,155,039 using the latest closing price.
KKR Phorm Investors L.P., the 10% Owner of KKR & Co. Inc, sale 24,411,968 shares at $5.10 during a trade that took place back on Jun 20 ’24, which means that KKR Phorm Investors L.P. is holding 0 shares at $124,501,037 based on the most recent closing price.
Stock Fundamentals for KKR
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.38 for the gross margin
The net margin for KKR & Co. Inc stands at 0.16. The total capital return value is set at 0.02. Equity return is now at value 18.63, with 1.22 for asset returns.
Based on KKR & Co. Inc (KKR), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 2.3. The interest coverage ratio of the stock is 3.23.
Currently, EBITDA for the company is 5.57 billion with net debt to EBITDA at 6.48. When we switch over and look at the enterprise to sales, we see a ratio of 5.99. The receivables turnover for the company is 0.48for trailing twelve months and the total asset turnover is 0.07.
Conclusion
In summary, KKR & Co. Inc (KKR) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
