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After finishing at $15.90 in the prior trading day, Kimbell Royalty Partners LP (NYSE: KRP) closed at $16.00, up 0.63%. In other words, the price has increased by $0.63 from its previous closing price. On the day, 0.59 million shares were traded. KRP stock price reached its highest trading level at $16.06 during the session, while it also had its lowest trading level at $15.9.
Ratios:
Our goal is to gain a better understanding of KRP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.04. For the most recent quarter (mrq), Quick Ratio is recorded 4.80 and its Current Ratio is at 5.20. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on January 30, 2024, initiated with a Buy rating and assigned the stock a target price of $22.
On October 30, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $19.
KeyBanc Capital Markets Upgraded its Sector Weight to Overweight on March 07, 2023, while the target price for the stock was maintained at $21.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 12 ’24 when Rhynsburger Blayne sold 5,000 shares for $16.41 per share. The transaction valued at 82,050 led to the insider holds 45,164 shares of the business.
Rhynsburger Blayne sold 5,000 shares of KRP for $78,550 on Aug 14 ’24. The Controller now owns 50,164 shares after completing the transaction at $15.71 per share. On Jun 18 ’24, another insider, Wynne Mitch S., who serves as the Director of the company, sold 27,539 shares for $16.16 each. As a result, the insider received 445,030 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KRP now has a Market Capitalization of 1527900800 and an Enterprise Value of 1925613440. As of this moment, Kimbell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.77, and their Forward P/E ratio for the next fiscal year is 17.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.70 while its Price-to-Book (P/B) ratio in mrq is 2.44. Its current Enterprise Value per Revenue stands at 5.938 whereas that against EBITDA is 7.357.
Stock Price History:
Over the past 52 weeks, KRP has reached a high of $17.07, while it has fallen to a 52-week low of $14.26. The 50-Day Moving Average of the stock is -0.80%, while the 200-Day Moving Average is calculated to be -0.45%.
Shares Statistics:
The stock has traded on average 414.85K shares per day over the past 3-months and 573680 shares per day over the last 10 days, according to various share statistics. A total of 95.49M shares are outstanding, with a floating share count of 67.39M. Insiders hold about 5.30% of the company’s shares, while institutions hold 25.90% stake in the company. Shares short for KRP as of 1731628800 were 1770815 with a Short Ratio of 4.27, compared to 1728950400 on 2201354. Therefore, it implies a Short% of Shares Outstanding of 1770815 and a Short% of Float of 2.31.
Dividends & Splits
In the trailing 12 months, KRP’s forward annual dividend rate was 1.75, compared to 1.75 this year. Against a Trailing Annual Dividend Yield of 0.1100629The stock’s 5-year Average Dividend Yield is 11.05.
