Market Momentum Report: KKR & Co. Inc (KKR)’s Positive Close at 122.17

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The price of KKR & Co. Inc (NYSE: KKR) closed at $122.17 in the last session, up 0.44% from day before closing price of $121.63. In other words, the price has increased by $0.44 from its previous closing price. On the day, 1.69 million shares were traded. KKR stock price reached its highest trading level at $123.3 during the session, while it also had its lowest trading level at $121.26.

Ratios:

We take a closer look at KKR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.37. In the meantime, Its Debt-to-Equity ratio is 2.33 whereas as Long-Term Debt/Eq ratio is at 2.29.

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, Redburn Atlantic on August 27, 2024, initiated with a Buy rating and assigned the stock a target price of $153.

On January 04, 2024, TD Cowen started tracking the stock assigning a Outperform rating and target price of $96.

Oppenheimer reiterated its Outperform rating for the stock on November 30, 2023, while the target price for the stock was revised from $91 to $94.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 25 ’24 when KKR Group Partnership L.P. sold 2,554,644 shares for $18.85 per share. The transaction valued at 48,155,039 led to the insider holds 0 shares of the business.

KKR Phorm Investors L.P. sold 24,411,968 shares of KKR for $124,501,037 on Jun 20 ’24. The 10% Owner now owns 0 shares after completing the transaction at $5.10 per share. On Jun 04 ’24, another insider, KKR Alternative Assets LLC, who serves as the 10% Owner of the company, bought 1,956,182 shares for $25.56 each. As a result, the insider paid 50,000,000 and bolstered with 9,688,618 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 112641712128 and an Enterprise Value of 155284209664. As of this moment, KKR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.85, and their Forward P/E ratio for the next fiscal year is 20.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.58 while its Price-to-Book (P/B) ratio in mrq is 5.00. Its current Enterprise Value per Revenue stands at 5.835.

Stock Price History:

Over the past 52 weeks, KKR has reached a high of $128.79, while it has fallen to a 52-week low of $53.72. The 50-Day Moving Average of the stock is 7.58%, while the 200-Day Moving Average is calculated to be 25.96%.

Shares Statistics:

According to the various share statistics, KKR traded on average about 6.63M shares per day over the past 3-months and 2026280 shares per day over the past 10 days. A total of 885.01M shares are outstanding, with a floating share count of 671.30M. Insiders hold about 24.36% of the company’s shares, while institutions hold 62.15% stake in the company. Shares short for KKR as of 1723680000 were 12767949 with a Short Ratio of 1.93, compared to 1721001600 on 16979340. Therefore, it implies a Short% of Shares Outstanding of 12767949 and a Short% of Float of 1.8900000000000001.

Dividends & Splits

The forward annual dividend rate for KKR is 0.68, which was 0.68 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.005590726The stock’s 5-year Average Dividend Yield is 1.18.

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