Kimbell Royalty Partners LP (NYSE: KRP)’s stock price has decreased by -0.96 compared to its previous closing price of 15.61. However, the company has seen a -2.58% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-27 that Kimbell Royalty Partners is enjoying a slow but steady increase in revenues. It consistently shares its revenue via a high dividend, currentlly 10%. KRP partners with some off the great names in the Energy Sector.
Is It Worth Investing in Kimbell Royalty Partners LP (NYSE: KRP) Right Now?
Kimbell Royalty Partners LP (NYSE: KRP) has a price-to-earnings ratio that is above its average at 29.73x. The stock has a 36-month beta value of 1.07. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for KRP is 77.39M, and at present, short sellers hold a 1.99% of that float. On January 31, 2025, the average trading volume of KRP was 708.91K shares.
KRP’s Market Performance
The stock of Kimbell Royalty Partners LP (KRP) has seen a -2.58% decrease in the past week, with a -3.74% drop in the past month, and a -3.31% fall in the past quarter. The volatility ratio for the week is 1.72%, and the volatility levels for the past 30 days are at 1.71% for KRP. The simple moving average for the past 20 days is -2.67% for KRP’s stock, with a -4.06% simple moving average for the past 200 days.
Analysts’ Opinion of KRP
Many brokerage firms have already submitted their reports for KRP stocks, with Truist repeating the rating for KRP by listing it as a “Buy.” The predicted price for KRP in the upcoming period, according to Truist is $22 based on the research report published on January 30, 2024 of the previous year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see KRP reach a price target of $19. The rating they have provided for KRP stocks is “Buy” according to the report published on October 30th, 2023.
KeyBanc Capital Markets gave a rating of “Overweight” to KRP, setting the target price at $21 in the report published on March 07th of the previous year.
KRP Trading at -2.53% from the 50-Day Moving Average
After a stumble in the market that brought KRP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.43% of loss for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares sank -4.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.04% lower at present.
During the last 5 trading sessions, KRP fell by -2.49%, which changed the moving average for the period of 200-days by -2.61% in comparison to the 20-day moving average, which settled at $15.88. In addition, Kimbell Royalty Partners LP saw -4.74% 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 KRP starting from Rhynsburger Blayne, who sale 5,000 shares at the price of $16.41 back on Nov 12 ’24. After this action, Rhynsburger Blayne now owns 45,164 shares of Kimbell Royalty Partners LP, valued at $82,050 using the latest closing price.
Rhynsburger Blayne, the Controller of Kimbell Royalty Partners LP, sale 5,000 shares at $15.71 during a trade that took place back on Aug 14 ’24, which means that Rhynsburger Blayne is holding 50,164 shares at $78,550 based on the most recent closing price.
Stock Fundamentals for KRP
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.61 for the gross margin
The net margin for Kimbell Royalty Partners LP stands at 0.17. The total capital return value is set at 0.1. Equity return is now at value 9.70, with 4.60 for asset returns.
Based on Kimbell Royalty Partners LP (KRP), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 1.0. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 4.08.
Currently, EBITDA for the company is 209.54 million with net debt to EBITDA at 0.99. When we switch over and look at the enterprise to sales, we see a ratio of 9.76. The receivables turnover for the company is 6.59for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.20.
Conclusion
To sum up, Kimbell Royalty Partners LP (KRP) has seen a bad 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.
