KKR & Co. Inc. [NYSE: KKR] closed the trading session at $57.68 on 05/06/21. The day’s price range saw the stock hit a low of $55.58, while the highest price level was $58.64. The company report on May 6, 2021 that KKR to Invest in Charter Next Generation to Grow Specialty Films Leader.
All Employees to Become Owners in Company.
KKR announced the signing of a definitive agreement to invest in Charter Next Generation (“CNG”), a leading producer of specialty films used in flexible packaging, industrial, healthcare, and consumer applications. KKR will be joining Leonard Green & Partners, L.P. as an equal co-owner of the business, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will also be investing in the transaction to become a minority owner.
The stocks have a year to date performance of 42.45 percent and weekly performance of 1.53 percent. The stock has been moved at 65.32 percent over the last six months. The stock has performed 12.99 percent around the most recent 30 days and changed 31.51 percent over the most recent 3-months.
If compared to the average trading volume of 2.80M shares, KKR reached to a volume of 4897651 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about KKR & Co. Inc. [KKR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KKR shares is $60.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KKR stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for KKR & Co. Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 17, 2020. The new note on the price target was released on February 03, 2020, representing the official price target for KKR & Co. Inc. stock.
The Average True Range (ATR) for KKR & Co. Inc. is set at 1.26, with the Price to Sales ratio for KKR stock in the period of the last 12 months amounting to 10.89. The Price to Book ratio for the last quarter was 2.72, with the Price to Cash per share for the same quarter was set at 7.61.
KKR stock trade performance evaluation
KKR & Co. Inc. [KKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.53. With this latest performance, KKR shares gained by 12.99% in over the last four-week period, additionally plugging by 65.32% over the last 6 months – not to mention a rise of 121.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KKR stock in for the last two-week period is set at 73.84, with the RSI for the last a single of trading hit 73.02, and the three-weeks RSI is set at 73.33 for KKR & Co. Inc. [KKR]. The present Moving Average for the last 50 days of trading for this stock 50.82, while it was recorded at 56.85 for the last single week of trading, and 41.31 for the last 200 days.
KKR & Co. Inc. [KKR]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and KKR & Co. Inc. [KKR] shares currently have an operating margin of +112.77. KKR & Co. Inc.’s Net Margin is presently recorded at +44.91.
Return on Total Capital for KKR is now 7.58, given the latest momentum, and Return on Invested Capital for the company is 4.70. Return on Equity for this stock inclined to 16.33, with Return on Assets sitting at 2.84. When it comes to the capital structure of this company, KKR & Co. Inc. [KKR] has a Total Debt to Total Equity ratio set at 247.46. Additionally, KKR Total Debt to Total Capital is recorded at 71.22, with Total Debt to Total Assets ending up at 42.53. Long-Term Debt to Equity for the company is recorded at 277.45, with the Long-Term Debt to Total Capital now at 70.53.
Reflecting on the efficiency of the workforce at the company, KKR & Co. Inc. [KKR] managed to generate an average of $1,265,009 per employee. Receivables Turnover for the company is 2.99 with a Total Asset Turnover recorded at a value of 0.06.
Earnings per share (EPS) analysis for KKR & Co. Inc. [KKR] stock
With the latest financial reports released by the company, KKR & Co. Inc. posted 0.39/share EPS, while the average EPS was predicted by analysts to be reported at 0.36/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 8.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KKR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for KKR & Co. Inc. go to 23.53%.
KKR & Co. Inc. [KKR]: Insider Ownership positions
There are presently around $26,420 million, or 84.50% of KKR stock, in the hands of institutional investors. The top three institutional holders of KKR stocks are: VANGUARD GROUP INC with ownership of 47,545,784, which is approximately 1.504% of the company’s market cap and around 1.20% of the total institutional ownership; VALUEACT HOLDINGS, L.P., holding 38,050,000 shares of the stock with an approximate value of $2.21 billion in KKR stocks shares; and BLACKROCK INC., currently with $1.87 billion in KKR stock with ownership of nearly 4.729% of the company’s market capitalization.
Positions in KKR & Co. Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 311 institutional holders increased their position in KKR & Co. Inc. [NYSE:KKR] by around 33,447,377 shares. Additionally, 221 investors decreased positions by around 23,983,148 shares, while 128 investors held positions by with 397,222,674 shares. The mentioned changes placed institutional holdings at 454,653,199 shares, according to the latest SEC report filing. KKR stock had 104 new institutional investments in for a total of 12,681,047 shares, while 36 institutional investors sold positions of 2,064,755 shares during the same period.