KKR & Co. Inc (NYSE:KKR) shares, rose in value on Thursday, November 21, with the stock price up by 3.61% to the previous day’s close as strong demand from buyers drove the stock to $157.67.
Actively observing the price movement in the last trading, the stock closed the session at $152.18, falling within a range of $152.34 and $158.45. The value of beta (5-year monthly) was 1.606 whereas the PE ratio was 48.78 over 12-month period. Referring to stock’s 52-week performance, its high was $156.54, and the low was $67.64. On the whole, KKR has fluctuated by 13.80% over the past month.
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With the market capitalization of KKR & Co. Inc currently standing at about $140.05 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.69, with its dividend yield at 0.44%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.06B, with a low estimate of 1.71B and a high estimate of 2.15B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.93B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KKR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.71, with the price of KKR currently trading nearly 7.12% and 13.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.66, while the 7-day volatility ratio is showing 2.50% which for the 30-day chart, stands at 2.36%. Furthermore, KKR & Co. Inc (KKR)’s beta value is 1.62, and its average true range (ATR) is 3.76.
A comparison of KKR & Co. Inc (KKR) with its peers suggests the former has fared considerably weaker in the market. KKR showed an intraday change of 3.61% in last session, and over the past year, it grew by 131.12%%.
Data on historical trading for KKR & Co. Inc (NYSE:KKR) indicates that the trading volumes over the past 10 days have averaged 2.97 and over the past 3 months, they’ve averaged 2.80 million. According to company’s latest data on outstanding shares, there are 885.01 million shares outstanding.
Nearly 23.90% of KKR & Co. Inc’s shares belong to company insiders and institutional investors own 60.65% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.42 million shares as on 2024-10-31, resulting in a short ratio of 4.27. According to the data, the short interest in KKR & Co. Inc (KKR) stood at 169.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 13.4 million. The stock has risen by 90.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KKR stock heading into the next quarter.
