Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $7.28 in the prior trading day, Kearny Financial Corp (NASDAQ: KRNY) closed at $6.88, down -5.49%. In other words, the price has decreased by -$5.49 from its previous closing price. On the day, 0.68 million shares were traded. KRNY stock price reached its highest trading level at $7.39 during the session, while it also had its lowest trading level at $6.72.
Ratios:
Our goal is to gain a better understanding of KRNY by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.97 whereas as Long-Term Debt/Eq ratio is at 0.27.
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 the company, Piper Sandler on January 06, 2025, Upgraded its rating to Overweight and sets its target price to $8.50 from $9 previously.
On December 08, 2022, Compass Point Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $11.
Compass Point Downgraded its Buy to Neutral on October 28, 2022, whereas the target price for the stock was revised from $14 to $11.
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 Aug 15 ’24 when Wong-Zaza Melvina bought 1,600 shares for $6.21 per share. The transaction valued at 9,936 led to the insider holds 22,535 shares of the business.
DeMedici Thomas sold 6,304 shares of KRNY for $37,842 on Aug 12 ’24. The EVP and CCO now owns 70,614 shares after completing the transaction at $6.00 per share. On Aug 12 ’24, another insider, DeMedici Thomas, who serves as the Officer of the company, bought 6,304 shares for $6.12 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KRNY now has a Market Capitalization of 444308352 and an Enterprise Value of 1764917760. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 13.744.
Stock Price History:
The Beta on a monthly basis for KRNY is 0.81, which has changed by 0.0069156885 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, KRNY has reached a high of $8.59, while it has fallen to a 52-week low of $5.28. The 50-Day Moving Average of the stock is -8.92%, while the 200-Day Moving Average is calculated to be 2.85%.
Shares Statistics:
The stock has traded on average 356.84K shares per day over the past 3-months and 284620 shares per day over the last 10 days, according to various share statistics. A total of 62.47M shares are outstanding, with a floating share count of 56.64M. Insiders hold about 12.29% of the company’s shares, while institutions hold 62.59% stake in the company. Shares short for KRNY as of 1736899200 were 420408 with a Short Ratio of 1.18, compared to 1734048000 on 394141. Therefore, it implies a Short% of Shares Outstanding of 420408 and a Short% of Float of 0.7799999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.42.
