KKR & Co. Inc. [NYSE: KKR] closed the trading session at $60.71 on 07/22/21. The day’s price range saw the stock hit a low of $59.34, while the highest price level was $60.83. The company report on July 23, 2021 that KKR & Co. Inc. to Announce Second Quarter 2021 Results.
KKR & Co. Inc. (NYSE: KKR) announced that it plans to release its financial results for the second quarter 2021 on Tuesday, August 3, 2021, before the opening of trading on the New York Stock Exchange.
A conference call to discuss KKR’s financial results will be held on Tuesday, August 3, 2021 at 10:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not required. Additionally, the conference call will be broadcast live over the Internet and may be accessed through the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/.
The stocks have a year to date performance of 49.94 percent and weekly performance of 3.21 percent. The stock has been moved at 47.57 percent over the last six months. The stock has performed 3.67 percent around the most recent 30 days and changed 13.01 percent over the most recent 3-months.
If compared to the average trading volume of 2.50M shares, KKR reached to a volume of 2550926 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 $66.36 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 1.27, with the Price to Sales ratio for KKR stock in the period of the last 12 months amounting to 5.21. The Price to Book ratio for the last quarter was 2.68, with the Price to Cash per share for the same quarter was set at 12.12.
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 3.21. With this latest performance, KKR shares gained by 3.67% in over the last four-week period, additionally plugging by 47.57% over the last 6 months – not to mention a rise of 70.68% 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 60.67, with the RSI for the last a single of trading hit 63.14, and the three-weeks RSI is set at 59.84 for KKR & Co. Inc. [KKR]. The present Moving Average for the last 50 days of trading for this stock 57.28, while it was recorded at 58.85 for the last single week of trading, and 47.13 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
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 25.55%.
KKR & Co. Inc. [KKR]: Insider Ownership positions
There are presently around $27,600 million, or 79.30% of KKR stock, in the hands of institutional investors. The top three institutional holders of KKR stocks are: VANGUARD GROUP INC with ownership of 48,885,208, which is approximately 2.817% of the company’s market cap and around 1.20% of the total institutional ownership; BLACKROCK INC., holding 34,043,159 shares of the stock with an approximate value of $2.07 billion in KKR stocks shares; and VALUEACT HOLDINGS, L.P., currently with $1.92 billion in KKR stock with ownership of nearly -16.992% of the company’s market capitalization.
Positions in KKR & Co. Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 304 institutional holders increased their position in KKR & Co. Inc. [NYSE:KKR] by around 36,757,078 shares. Additionally, 258 investors decreased positions by around 30,432,147 shares, while 146 investors held positions by with 387,435,245 shares. The mentioned changes placed institutional holdings at 454,624,470 shares, according to the latest SEC report filing. KKR stock had 92 new institutional investments in for a total of 16,029,680 shares, while 50 institutional investors sold positions of 4,101,629 shares during the same period.