FS KKR Capital Corp. (NYSE:FSK) saw an upside of 0.56% to close Friday at $19.83 after adding $0.11 on the day. The 5-day average trading volume is 925,680 shares of the company’s common stock. It has gained $20.15 in the past week and touched a new high 3 times within the past 5 days. An average of 973,830 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 933,886.
FSK’s 1-month performance is -0.31% or $0.03 on its low of $19.68 reached on 09/21/23. The company’s shares have touched a 52-week low of $16.40 and high of $20.74, with the stock’s rally to the 52-week high happening on 09/11/23. YTD, FSK has achieved 14.96% or $2.33 and has reached a new high 20 times. However, the current price is down -4.39% from the 52-week high price.
Valuation Metrics
FSK stock has a beta of 1.42. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.12 while the price-to-book (PB) in the most recent quarter is 0.80.
The firm’s gross profit as reported stood at $824.0 million against revenue of $1.64 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected FSK to announce $0.75 per share in earnings in its latest quarter, but it posted $0.78, representing a 4.00% surprise. EBITDA for the quarter stood at more than $351.0 million. Shareholders hold equity totaling $280.07 million.
Let’s look briefly at FS KKR Capital Corp. (FSK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 39.43% to suggest the stock is trending Neutral, with historical volatility in this time period at 21.61%.
The stock’s 5-day moving average is $19.92, reflecting a -0.90% or -$0.18 change from its current price. FSK is currently trading -0.70% above its 20-day SMA, +6.90% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +0.97% and SMA200 by+2.06%.
Stochastic %K and %D was 12.39% and 16.31% and the average true range (ATR) pointed at 0.22. The RSI (14) points at 42.85%, while the 14-day stochastic is at 13.39% with the period’s ATR at 0.22. The stock’s 9-day MACD Oscillator is pointing at -0.06 and -0.26 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for FS KKR Capital Corp. (NYSE: FSK), B. Riley Securities launched coverage with a Buy rating. Analysts offering their rating for FSK stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate FSK as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.
What is FSK’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $19.00 and a high of $24.00, with their median price target at $21.75. Looking at these predictions, the average price target given by analysts is for FS KKR Capital Corp. (FSK) stock is $21.45.
