The stock of FS KKR Capital Corp. (NYSE:FSK) increased by $0.01 on Friday to finish at $19.98, up 0.05 percent. The last five days have seen an average of 802,500 shares of common stock traded. 17 times new highs were reached in the current year, with a gain of $2.48. The average number of shares traded over the last 20 days was 940,925, while the average volume over the last 50 days totaled 985,972.
FSK stock dropped -0.20% since last month. On 08/18/23, the company’s shares reached a one-month low of $19.65. The stock touched a high of $21.96 on 02/28/23, after rallying from a low of $16.45 in 52 weeks. The price of FSK stock has risen by 15.49% or $2.48 this year, reaching a new high 17 times. Still, the stock price is down -9.02% from the 52-week high.
Insider Transactions
FSK stock investors should be aware that FS KKR Capital Corp. (FSK) stock had its last reported insider trading activity 17 days ago on Aug 11. On Aug 11, Co-President and CIO Pietrzak Daniel acquired 5,000 shares at $20.12 each. This transaction resulted in the insider spending $100,600. On Jun 02, Sandler Elizabeth added 1,200 shares at a price of US$19.63. After the transaction, the insider now owns 5,840 shares. Director Hopkins Jerel A had earlier bought 556 shares on Mar 15 for $17.45 a share. The transaction was completed for $9,699.
Valuation Metrics
FS KKR Capital Corp. (FSK) has a trailing price-to-earnings (P/E) ratio of 19.78. Beta for the stock is 1.42. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.15, the price-to-book (PB) ratio of 0.81.
Company paid $0.06 per share in dividends, a decrease of -90.63% from $0.64 last year.
Financial Health
Based on annual data, it had gross profit of $824.0 million and revenue of $1.64 billion.
Earnings Surprise
According to FS KKR Capital Corp.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that FS KKR Capital Corp.’s quarterly earnings would be $0.78, but it ended up being $0.75, beating the consensus by 4.00%. EBITDA was $351.0 million for the quarter. At the end of FS KKR Capital Corp.’s most recent quarter ended June 29, its total debt was $8.16 billion. Equity owned by shareholders amounts to $280.07 million.
Technical Picture
Here’s a quick look at FS KKR Capital Corp.’s (FSK) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 47.73%, suggesting the stock is Neutral, with a 11.38% historical volatility rate.
The stochastic %K and %D were 38.62% and 34.55% respectively, while the average true range (ATR) was 0.24. Based on the 14-day stochastic reading of 40.24%, the RSI (14) reading is 50.35%. On the 9-day MACD Oscillator, the stock is at 0.00, and the 14-day reading is at -0.10.
Analyst Ratings
In its analyst report released on July 28, 2023, B. Riley Securities began covering FS KKR Capital Corp. (NYSE: FSK). The stock was rated as a Buy by the brokerage firm. Analysts have assigned FS KKR Capital Corp. (FSK) an Overweight rating. FSK is a stock that is recommended for selling by 0 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 4 others recommend it as a buy.
What is FSK’s price target for the next 12 months?
The current consensus forecast for the stock is between $19.00 and $24.00, with a median target price of $21.75. In analyzing these forecasts, the average price target given by analysts for FS KKR Capital Corp. (FSK) is $21.45.
