As of Thursday close, Kilroy Realty Corporation’s (NYSE:KRC) stock was down -$2.75, moving down -7.75 percent to $32.72. The average number of shares traded per day over the past five days has been 1,518,180 shares. 2 times new highs have been achieved over the past 5 days, with a -$3.37 fall in that time frame. In the last twenty days, the average volume was 1,087,745, while in the previous 50 days, it was 1,031,412.
Since last month, KRC stock retreated -4.24%. Shares of the company fell to $32.55 on 09/21/23, the lowest level in the past month. A 52-week high of $47.37 was reached on 02/02/23 after having rallying from a 52-week low of $25.99. Since the beginning of this year, KRC’s stock price has dropped by -15.39% or -$5.95, and marked a new high 7 times. However, the stock has declined by -30.93% since its 52-week high.
Valuation Metrics
Right now, Kilroy Realty Corporation (KRC) has a P/E ratio of about 15.78. The stock’s beta is 0.92. Besides these, the trailing price-to-sales (P/S) ratio of 3.40, the price-to-book (PB) ratio of 0.71, and the price-to-cash flow ratio of 60.82 may also be considered.
The latest dividend of $0.54 per share was paid out, remained unchanged from last year’s $0.54.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 30 was 0.81, and the total debt-to-equity ratio was 0.81. On the profitability front, the trailing twelve-month gross margin is 70.50% percent. In the year ended June 30, operating margins totaled 30.30%. Based on annual data, KRC earned $324.68 million in gross profit and brought in $1.1 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.30%. Return on equity (ROE) for the past 12 months was 4.50%.
In Kilroy Realty Corporation’s quarter-end financial report for June 30, it reported total debt of $240.14 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. KRC’s revenue rose 4.61% to $292.8 million during the quarter, while net income inched up to $284.28 million. While analysts expected Kilroy Realty Corporation to report $0.36 quarterly earnings, the actual figure was $0.47 per share, beating the consensus estimate by 30.60%. During the quarter, the company generated $177.05 million in EBITDA. The value of shareholders’ equity is $117.18 million.
Technical Picture
This quick technical analysis looks at Kilroy Realty Corporation’s (KRC) price momentum. With a historical volatility rate of 43.04%, the RSI 9-day stood at 25.93% on 21 September.
With respect to its five-day moving average, the current Kilroy Realty Corporation price is down by -9.34% percent or -$3.37. At present, KRC shares trade -7.02% below its 20-day simple moving average and +11.90% percent above its 100-day simple moving average. However, the stock is currently trading approximately -0.09% below its SMA50 and -22.43% below its SMA200.
Stochastic coefficient K was 10.17% and Stochastic coefficient D was 11.50%, while ATR was 1.19. Given the Stochastic reading of 3.11% for the 14-day period, the RSI (14) reading has been calculated as 33.36%. As of today, the MACD Oscillator reading stands at -0.91, while the 14-day reading stands at -1.69.
Analyst Ratings
KeyBanc Capital Markets launched its rating on Kilroy Realty Corporation (NYSE: KRC) to an Overweight in a note to investors on September 12, 2023. Kilroy Realty Corporation (KRC) has been rated Overweight by analysts. According to 0 brokerage firms, KRC is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Kilroy Realty Corporation stock as buy, with 6 recommending it as overweight.
With a median target price of $40.00, the current consensus forecast for the stock is $34.00 – $47.00. Based on these forecasts, analysts predict Kilroy Realty Corporation (KRC) will achieve an average price target of $40.33.
