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.
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.
