Ratio Examination: Kimbell Royalty Partners LP (KRP)’s Price-to-Cash and Price-to-Free Cash Flow

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Kimbell Royalty Partners LP (NYSE: KRP) closed at $16.25 up 1.50% from its previous closing price of $16.01. In other words, the price has increased by $1.50 from its previous closing price. On the day, 0.57 million shares were traded. KRP stock price reached its highest trading level at $16.35 during the session, while it also had its lowest trading level at $15.89.

Ratios:

For a deeper understanding of Kimbell Royalty Partners LP’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.50 and its Current Ratio is at 8.50. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.44.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 09 ’24 when Taylor Brett G. sold 50,000 shares for $16.52 per share. The transaction valued at 826,000 led to the insider holds 249,030 shares of the business.

Taylor Brett G. sold 27,163 shares of KRP for $421,298 on Mar 19 ’24. The Director now owns 299,030 shares after completing the transaction at $15.51 per share. On Mar 19 ’24, another insider, Rhynsburger Blayne, who serves as the Controller of the company, sold 6,487 shares for $15.60 each. As a result, the insider received 101,197 and left with 55,164 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 1685206272 and an Enterprise Value of 1809197184. As of this moment, Kimbell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.88, and their Forward P/E ratio for the next fiscal year is 21.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 43.20. 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 1.83. Its current Enterprise Value per Revenue stands at 5.966 whereas that against EBITDA is 8.174.

Stock Price History:

The Beta on a monthly basis for KRP is 1.09, which has changed by 0.03240156 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, KRP has reached a high of $17.11, while it has fallen to a 52-week low of $14.02. The 50-Day Moving Average of the stock is 2.50%, while the 200-Day Moving Average is calculated to be 4.89%.

Shares Statistics:

For the past three months, KRP has traded an average of 328.32K shares per day and 512620 over the past ten days. A total of 95.49M shares are outstanding, with a floating share count of 57.04M. Insiders hold about 1.50% of the company’s shares, while institutions hold 32.90% stake in the company. Shares short for KRP as of 1714435200 were 1433479 with a Short Ratio of 4.37, compared to 1711584000 on 1335281. Therefore, it implies a Short% of Shares Outstanding of 1433479 and a Short% of Float of 2.0299999.

Dividends & Splits

According to the company, the forward annual dividend rate for KRP is 1.82, from 1.82 in the trailing year. Against a Trailing Annual Dividend Yield of 0.113678955The stock’s 5-year Average Dividend Yield is 10.98.

Most Popular

[the_ad id="945"]