In the past week, KRNY stock has gone down by -3.64%, with a monthly decline of -2.69% and a quarterly plunge of -1.57%. The volatility ratio for the week is 4.70%, and the volatility levels for the last 30 days are 3.68% for Kearny Financial Corp. The simple moving average for the past 20 days is -2.81% for KRNY’s stock, with a 2.85% simple moving average for the past 200 days.
Is It Worth Investing in Kearny Financial Corp (NASDAQ: KRNY) Right Now?
The 36-month beta value for KRNY is also noteworthy at 0.81. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for KRNY is 56.64M, and at present, short sellers hold a 0.74% of that float. The average trading volume of KRNY on January 31, 2025 was 356.84K shares.
KRNY) stock’s latest price update
Kearny Financial Corp (NASDAQ: KRNY)’s stock price has gone decline by -5.49 in comparison to its previous close of 7.28, however, the company has experienced a -3.64% decrease in its stock price over the last five trading days. globenewswire.com reported 2025-01-30 that FAIRFIELD, N.J., Jan. 30, 2025 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended December 31, 2024 of $6.6 million, compared to $6.1 million for the quarter ended September 30, 2024.
Analysts’ Opinion of KRNY
Many brokerage firms have already submitted their reports for KRNY stocks, with Piper Sandler repeating the rating for KRNY by listing it as a “Overweight.” The predicted price for KRNY in the upcoming period, according to Piper Sandler is $8.50 based on the research report published on January 06, 2025 of the current year 2025.
Compass Point, on the other hand, stated in their research note that they expect to see KRNY reach a price target of $11. The rating they have provided for KRNY stocks is “Buy” according to the report published on December 08th, 2022.
Compass Point gave a rating of “Neutral” to KRNY, setting the target price at $11 in the report published on October 28th of the previous year.
KRNY Trading at -8.92% from the 50-Day Moving Average
After a stumble in the market that brought KRNY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.91% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 4.70%, as shares sank -1.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.30% lower at present.
During the last 5 trading sessions, KRNY fell by -3.64%, which changed the moving average for the period of 200-days by +18.42% in comparison to the 20-day moving average, which settled at $7.08. In addition, Kearny Financial Corp saw -2.82% 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 KRNY starting from Wong-Zaza Melvina, who purchase 1,600 shares at the price of $6.21 back on Aug 15 ’24. After this action, Wong-Zaza Melvina now owns 22,535 shares of Kearny Financial Corp, valued at $9,936 using the latest closing price.
DeMedici Thomas, the EVP and CCO of Kearny Financial Corp, sale 6,304 shares at $6.00 during a trade that took place back on Aug 12 ’24, which means that DeMedici Thomas is holding 70,614 shares at $37,842 based on the most recent closing price.
Stock Fundamentals for KRNY
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 1.0 for the gross margin
The net margin for Kearny Financial Corp stands at -0.39. The total capital return value is set at 0.0. Equity return is now at value -11.29, with -1.15 for asset returns.
Based on Kearny Financial Corp (KRNY), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 1.84. The interest coverage ratio of the stock is 0.09.
When we switch over and look at the enterprise to sales, we see a ratio of 7.19. The receivables turnover for the company is 0.04for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.
Conclusion
In summary, Kearny Financial Corp (KRNY) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
