Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Kimbell Royalty Partners LP (NYSE: KRP) closed the day trading at $13.84 down -4.02% from the previous closing price of $14.42. In other words, the price has decreased by -$4.02 from its previous closing price. On the day, 2.87 million shares were traded.
Ratios:
For a better understanding of KRP, 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 43.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.92. For the most recent quarter (mrq), Quick Ratio is recorded 6.50 and its Current Ratio is at 6.70. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.52.
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, Truist on Mar-05-25, Downgraded its rating to Hold and sets its target price to $16 from $22 previously.
On January 30, 2024, Truist started tracking the stock assigning a Buy rating and target price of $22.Truist initiated its Buy rating on January 30, 2024, with a $22 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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.82 while its Price-to-Book (P/B) ratio in mrq is 2.42.
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 $14.30. The 50-Day Moving Average of the stock is -11.62%, while the 200-Day Moving Average is calculated to be -13.77%.
Shares Statistics:
A total of 108.21M shares are outstanding, with a floating share count of 79.95M. Insiders hold about 5.30% of the company’s shares, while institutions hold 31.90% stake in the company.
Earnings Estimates
The current market rating for Kimbell Royalty Partners LP (KRP) reflects the collective analysis of 4.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.12, with high estimates of $0.17 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.69 and $0.35 for the fiscal current year, implying an average EPS of $0.51. EPS for the following year is $0.58, with 4.0 analysts recommending between $0.92 and $0.24.
Revenue Estimates
3 analysts predict $84.34M in revenue for the current quarter. It ranges from a high estimate of $92.5M to a low estimate of $79M. As of the current estimate, Kimbell Royalty Partners LP’s year-ago sales were $82.23MFor the next quarter, 3 analysts are estimating revenue of $83.74M. There is a high estimate of $90.42M for the next quarter, whereas the lowest estimate is $79M.
A total of 4 analysts have provided revenue estimates for KRP’s current fiscal year. The highest revenue estimate was $376M, while the lowest revenue estimate was $331M, resulting in an average revenue estimate of $352.75M. In the same quarter a year ago, actual revenue was $309.31MBased on 5 analysts’ estimates, the company’s revenue will be $350.79M in the next fiscal year. The high estimate is $394M and the low estimate is $316.64M.
