Now Is A Suitable Moment For A Long-Term Purchase Of FS KKR Capital Corp. II (NYSE: FSKR)

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With over 0.85 million FS KKR Capital Corp. II (FSKR) shares trading Friday and a closing price of $13.89 on the day, the dollar volume was approximately $11.84 million. The shares have shown a positive weekly performance of 11.57% and its price on 07/17/20 gained nearly 2.58%.

An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 3 analysts who have offered their price forecasts for FSKR have a consensus price objective of $14.17. The analysts have set the share’s price value over the next 12 months at a high of $16.50 and a low of $13.00 should the stock experience a downside. Incidentally, analysts’ outlook for the FS KKR Capital Corp. II stock is 2.50 for the next 12 months. The average price target is 8.92% above its last price level and an upside to the estimated low will see the stock lose -6.85% over that period. But an upside of 15.82% will see the stock hit the forecast high price target while mean target price for the stock is $13.00.

Shares of FS KKR Capital Corp. II (NYSE: FSKR) opened at $13.75, up $0.21 from a prior closing price of $13.54. However, the script later closed the day at $13.89, up 2.58%. It has a 12-month low price of $11.64 and touched a high of $14.60 over the same period. Currently, 0.85 million shares have been traded, compared to an average intraday trading volume of 1.56 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.67%, 6.17%, and 6.17% respectively.

Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.

Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.55% over the week and 4.65% over the month.

Analysts forecast that FS KKR Capital Corp. II (FSKR) will achieve an EPS of $0.49 for the current quarter, $0.52 for the next quarter and $2.46 for 2021. The lowest estimate earnings-per-share for the quarter is $0.49 while analysts give the company a high EPS estimate of $0.49.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 3 brokerage firm advisors rate FS KKR Capital Corp. II (FSKR) as a “Moderate Buy” at a consensus score of 2.50. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 1 of the 3 advise that investors “hold,” and 1 rated it as a “Sell.”

Looking at the support for the FSKR, a number of firms have released research notes about the stock. Compass Point stated their Buy rating for the stock in a research note on June 29, 2020, with the firm’s price target at.

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