KKR & Co. Inc (KKR) concluded trading on Thursady at a closing price of $95.77, with 3.89 million shares of worth about $372.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 62.21% during that period and on Thursady the price saw a gain of about 2.25%. Currently the company’s common shares owned by public are about 861.11M shares, out of which, 668.24M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 12 times over the past 12 months. They bought 30,290 shares in 10 of the transactions. In 2 selling transactions, insiders dumped 40,000 shares.
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However, the stock later moved at a day high price of 97.11, or with a gain of 2.25%. Stock saw a price change of -0.19% in past 5 days and over the past one month there was a price change of 14.03%. Year-to-date (YTD), KKR shares are showing a performance of 15.59% which increased to 71.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $47.46 but also hit the highest price of $98.63 during that period. The average intraday trading volume for KKR & Co. Inc shares is 3.79 million. The stock is currently trading 4.49% above its 20-day simple moving average (SMA20), while that difference is up 11.70% for SMA50 and it goes to 44.96% higher than SMA200.
KKR & Co. Inc (NYSE: KKR) currently have 861.11M outstanding shares and institutions hold larger chunk of about 57.73% of that.
The stock has a current market capitalization of $84.76B and its 3Y-monthly beta is at 1.61. PE ratio of stock for trailing 12 months is 31.49, while it has posted earnings per share of $3.04 in the same period. Its PEG reads 1.26 while making debt-to-equity ratio of 2.31. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KKR, volatility over the week remained 1.63% while standing at 2.22% over the month.
Analysts are in expectations that KKR & Co. Inc (KKR) stock would likely to be making an EPS of $1.09 in the current quarter, while forecast for next quarter EPS is $1.16 and it is $6.02 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.01 which is $1.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.81 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 45.24% while it is estimated to increase by 21.18% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on January 04, 2024 offering an Outperform rating for the stock and assigned a target price of $96 to it. Coverage by Oppenheimer stated KKR & Co. Inc (KKR) stock as an Outperform in their note to investors on November 30, 2023, suggesting a price target of $94 for the stock. On October 05, 2023, Wolfe Research Initiated their recommendations, while on May 19, 2023, Citigroup Initiated their ratings for the stock with a price target of $69. Stock get an Overweight rating from Barclays on March 02, 2023.
