Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
KKR & Co. Inc (NYSE: KKR) closed the day trading at $93.35 down -1.35% from the previous closing price of $94.63. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 4.59 million shares were traded. KKR stock price reached its highest trading level at $95.88 during the session, while it also had its lowest trading level at $93.12.
Ratios:
For a better understanding of KKR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.88. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 2.10.
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, TD Cowen on January 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $96.
On November 30, 2023, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $91 to $94.
On October 05, 2023, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $75.Wolfe Research initiated its Outperform rating on October 05, 2023, with a $75 target price.
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 Apr 01 ’24 when KKR Group Partnership L.P. sold 6,000,000 shares for $10.74 per share. The transaction valued at 64,440,000 led to the insider holds 0 shares of the business.
KKR Alternative Assets LLC bought 571,429 shares of KKR for $14,285,714 on Mar 26 ’24. The 10% Owner now owns 1,000,687 shares after completing the transaction at $25.00 per share. On Mar 13 ’24, another insider, KKR Alternative Assets LLC, who serves as the 10% Owner of the company, bought 286,402 shares for $24.94 each. As a result, the insider paid 7,142,857 and bolstered with 429,259 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, KKR now has a Market Capitalization of 83031932928 and an Enterprise Value of 128644112384. As of this moment, KKR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.83, and their Forward P/E ratio for the next fiscal year is 15.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.02 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 6.893.
Stock Price History:
Over the past 52 weeks, KKR has reached a high of $103.48, while it has fallen to a 52-week low of $47.79. The 50-Day Moving Average of the stock is -4.36%, while the 200-Day Moving Average is calculated to be 24.60%.
Shares Statistics:
Over the past 3-months, KKR traded about 3.60M shares per day on average, while over the past 10 days, KKR traded about 3435530 shares per day. A total of 885.01M shares are outstanding, with a floating share count of 668.87M. Insiders hold about 24.42% of the company’s shares, while institutions hold 57.74% stake in the company. Shares short for KKR as of 1711584000 were 6859347 with a Short Ratio of 1.91, compared to 1709164800 on 6943764. Therefore, it implies a Short% of Shares Outstanding of 6859347 and a Short% of Float of 1.0199999.
Dividends & Splits
KKR’s forward annual dividend rate is 0.66, up from 0.66 a year ago. The stock’s 5-year Average Dividend Yield is 1.29.
Earnings Estimates
At present, Kroger Company (The) analysts are actively evaluating the performance of KKR & Co. Inc (KKR) in the stock market.The consensus estimate for the next quarter is $32.20, with high estimates of $2.84 and low estimates of $93.35.
Analysts are recommending an EPS of between $Basic Materials and $Financial Services for the fiscal current year, implying an average EPS of $Energy.
