KKR & Co. Inc. (NYSE:KKR) saw a downside of -0.12% to close Monday at $65.43 after subtracting -$0.08 on the day. The 5-day average trading volume is 2,751,700 shares of the company’s common stock. It has gained $67.33 in the past week. An average of 3,779,395 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,963,488.
KKR’s 1-month performance is 4.25% or $2.67 on its low of $59.42 reached on 09/28/21. The company’s shares have touched a 52-week low of $33.65 and high of $67.81, with the stock’s rally to the 52-week high happening on 08/09/21. YTD, KKR has achieved 61.60% or $24.94. However, the current price is down -3.51%% from the 52-week high price.
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On Sep 10, 32 days have gone by since the last insider trading activity for KKR & Co. Inc. (KKR). KKR Group Partnership L.P. (10% Owner) most recently sold 50,000,088 shares at $8.39 per share on Sep 10. This transaction cost the insider $419,500,738. 10% Owner, KKR Group Partnership L.P., sold 11,073,245 shares at a price of $33.25 on Aug 02. Then, on May 07, General Counsel and Secretary Sorkin David sold 12,546 shares at a price of $58.50 per share. This transaction amounted to $733,941.
The company’s PE ratio for the last five years has touched a high of 137.07 and a low of 5.226. KKR stock has a beta of 1.37. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.54 while the price-to-book (PB) in the most recent quarter is 2.57.
KKR & Co. Inc. pays an annual dividend of $0.58 per share. Its dividend yield is 0.89% and the payout ratio is 5.80%. KKR’s most recent quarterly dividend payment was made on Aug. 31, when it paid $0.1450 a share compared with prior rate of $0.1450, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.01 reported on Tuesday May 4 2021. Measured over the last 3 years, the Dividend has been growing by -20.90% yearly.
It is projected that KKR & Co. Inc.’s next ex-dividend date will be on Co’s. KKR is expected to distribute $15-Oct as its next dividend.
As well, the company’s long term debt to equity for the quarter ending June 29 was 2.55, while the total debt to equity was 2.55. In terms of profitability, the gross margin trailing 12 months is 80.00%. while for the period ending June 29; KKR & Co. Inc.’s operating margin was 35.40%. The firm’s gross profit as reported stood at $1.3 billion against revenue of $4.23 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected KKR to announce $0.84 per share in earnings in its latest quarter, but it posted $1.05, representing a 25.00% surprise. EBITDA for the quarter stood at more than $1.28 billion. KKR stock balance sheet for the quarter ending June 29 shows that, with total debt at $39.15 billion. Shareholders hold equity totaling $583.03 million
Let’s look briefly at KKR & Co. Inc. (KKR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 66.02% to suggest the stock is trending Neutral, with historical volatility in this time period at 24.94%.
The stock’s 5-day moving average is $63.61, reflecting a +8.56% or $5.16 change from its current price. KKR is currently trading +3.33% above its 20-day SMA, +19.40% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +2.62% and +65.02% respectively.
Stochastic %K and %D was 83.66% and 66.76% and the average true range (ATR) pointed at 1.91. The RSI (14) points at 60.33%, while the 14-day stochastic is at 75.98% with the period’s ATR at 1.79. The stock’s 9-day MACD Oscillator is pointing at 2.36 and 2.45 on the 14-day charts.
Analysts offering their rating for KKR stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate KKR as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 13 have offered a “buy” rating.
What is KKR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $70.00 and a high of $90.50, with their median price target at $74.00. Looking at these predictions, the average price target given by analysts is for KKR & Co. Inc. (KKR) stock is $77.32.