KKR & Co. Inc (NYSE: KKR) Not A Good Play Anymore?

KKR & Co. Inc (KKR) concluded trading on Thursday at a closing price of $143.53, with 5.31 million shares of worth about $761.95 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.90% during that period and on December 19, 2024 the price saw a gain of about 0.40%. Currently the company’s common shares owned by public are about 887.45M shares, out of which, 676.12M shares are available for trading.

Stock saw a price change of -7.85% in past 5 days and over the past one month there was a price change of -6.05%. Year-to-date (YTD), KKR shares are showing a performance of 73.24% which increased to 69.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $78.95 but also hit the highest price of $163.68 during that period. The average intraday trading volume for KKR & Co. Inc shares is 3.08 million. The stock is currently trading -7.85% below its 20-day simple moving average (SMA20), while that difference is down -3.26% for SMA50 and it goes to 20.07% higher than SMA200.

KKR & Co. Inc (NYSE: KKR) currently have 887.45M outstanding shares and institutions hold larger chunk of about 60.66% of that.

The stock has a current market capitalization of $127.49B and its 3Y-monthly beta is at 1.66. PE ratio of stock for trailing 12 months is 44.40, while it has posted earnings per share of $3.23 in the same period. Its PEG reads 1.77 while making debt-to-equity ratio of 2.11. 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 3.45% while standing at 2.55% over the month.

Stock’s fiscal year EPS is expected to rise by 37.99% while it is estimated to increase by 28.64% in next year. EPS is likely to grow at an annualized rate of 25.02% for next 5-years, compared to annual growth of 14.69% made by the stock over the past 5-years.

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 HSBC Securities on September 18, 2024 offering a Buy rating for the stock and assigned a target price of $148 to it. Coverage by Wells Fargo stated KKR & Co. Inc (KKR) stock as an Equal weight in their note to investors on September 12, 2024, suggesting a price target of $130 for the stock. On August 27, 2024, Redburn Atlantic Initiated their recommendations, while on January 04, 2024, TD Cowen Initiated their ratings for the stock with a price target of $96. Stock get an Outperform rating from Oppenheimer on November 30, 2023.

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