FS KKR Capital Corp. (NYSE:FSK) finished Friday with an addition of $0.03 to close at $20.16, an upside of 0.15 percent. An average of 1,106,200 shares of common stock have been traded in the last five days. There was a fall of -$0.05 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 916,025 shares traded, while the 50-day average volume stands at 1,090,590.
FSK stock has increased by 2.65% in the last month. The company shares reached their 1-month lowest point of $19.53 on 07/17/23. With the stock rallying to its 52-week high on 02/28/23, shares of the company touched a low of $16.49 and a high of $22.22 in 52 weeks. It has reached a new high 17 times so far this year and achieved 16.25% or $2.66 in price. In spite of this, the price is down -9.28% from the 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Valuation Metrics
FS KKR Capital Corp. (FSK) has a trailing price-to-earnings (P/E) ratio of 84.00. The stock’s beta is 1.43. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.33, the price-to-book (PB) ratio at 0.81.
The company has a payout ratio of 819.57%. The company’s most recent quarterly dividend payment was $0.64 a share, representing a down of -8.57% from $0.70 last year. Its latest decrease dividend $0.06 reported on Friday May 5 2023.
Financial Health
Its gross profit as reported stood at $824.0 million compared to revenue of $1.64 billion.
Earnings Surprise
The analyst consensus anticipated FS KKR Capital Corp.’s latest quarter earnings to come in at $0.75 per share, but it turned out to be $0.78, a 4.00% surprise. For the quarter, EBITDA amounted to $351.0 million. At the end of the quarter ending June 29, FS KKR Capital Corp.’s stock balance sheet showed total debt was $8.16 billion. Shareholders own equity worth $280.07 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at FS KKR Capital Corp. (FSK) price momentum. RSI 9-day as of the close on 11 August was 54.11%, suggesting the stock is Neutral, with historical volatility in this time frame at 7.44%.
As of today, FSK’s price is $20.26 -0.25% or -$0.05 from its 5-day moving average. FSK is currently trading +2.60% higher than its 20-day SMA and +13.51% higher than its 100-day SMA. However, the stock’s current price level is +4.19% above the SMA50 and +11.63% above the SMA200.
The stochastic %K and %D were 51.41% and 66.44%, respectively, and the average true range (ATR) was 0.23. With the 14-day stochastic at 44.64% and the average true range at 0.23, the RSI (14) stands at 57.95%. The stock has reached -0.05 on the 9-day MACD Oscillator while the 14-day reading was at -0.01.
Analyst Ratings
B. Riley Securities launched coverage on FS KKR Capital Corp. (NYSE: FSK) in its analyst report released on July 28, 2023. The firm assigned the stock a Buy rating. The consensus rating for FS KKR Capital Corp. (FSK) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell FSK, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.
What is FSK’s price target for the next 12 months?
Analysts predict a range of price targets between $19.00 and $24.00, with a median target of $21.75. Taking a look at these predictions, the average price target given by analysts for FS KKR Capital Corp. (FSK) stock is $21.45.
