KKR & Co. Inc [KKR] Stock trading around $129.25 per share: What’s Next?

KKR & Co. Inc [NYSE: KKR] jumped around 1.28 points on Wednesday, while shares priced at $129.25 at the close of the session, up 1.00%.

Compared to the average trading volume of 6.02M shares, KKR reached a trading volume of 3672647 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus 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 $138.83 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 1.48. 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.

HSBC Securities have made an estimate for KKR & Co. Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Sep-19-24. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Equal Weight. The new note on the price target was released on September 12, 2024, representing the official price target for KKR & Co. Inc stock. Previously, the target price had yet another raise to $153, while Redburn Atlantic analysts kept a Buy rating on KKR stock.

The Average True Range (ATR) for KKR & Co. Inc is set at 3.52, with the Price to Sales ratio for KKR stock in the period of the last 12 months amounting to 4.84. The Price to Book ratio for the last quarter was 5.29, with the Price to Cash per share for the same quarter was set at 18.11. Price to Free Cash Flow for KKR in the course of the last twelve months was 13.08.

How has KKR stock performed recently?

KKR & Co. Inc [KKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.27. With this latest performance, KKR shares gained by 7.55% in over the last four-week period, additionally plugging by 34.97% over the last 6 months – not to mention a rise of 100.51% 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 69.70, with the RSI for the last a single of trading hit 76.51, and the three-weeks RSI is set at 65.78 for KKR & Co. Inc [KKR]. The present Moving Average for the last 50 days of trading for this stock 117.64, while it was recorded at 125.38 for the last single week of trading, and 100.70 for the last 200 days.

Earnings analysis for KKR & Co. Inc [KKR]

With the latest financial reports released by the company, KKR & Co. Inc posted 0.88/share EPS, while the average EPS was predicted by analysts to be reported at 0.82/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.06. 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 30.19%.

Insider trade positions for KKR & Co. Inc [KKR]

There are presently around $61.64%, or 81.14%% of KKR stock, in the hands of institutional investors. The top three institutional holders of KKR stocks are: VANGUARD GROUP INC with ownership of 55.4 million shares, which is approximately 6.2595%. BLACKROCK INC., holding 43.39 million shares of the stock with an approximate value of $$4.57 billion in KKR stocks shares; and BLACKROCK INC., currently with $$4.4 billion in KKR stock with ownership which is approximately 4.7242%.