KKR & Co. Inc (NYSE:KKR) shares, rose in value, with the stock price up by 0.45% to the previous day’s close as strong demand from buyers drove the stock to $121.58.
Actively observing the price movement in the recent trading, the stock is buoying the session at $121.04. The PE ratio was 52.71 over 12-month period. Referring to stock’s 52-week performance, its high was $170.40, and the low was $86.15. On the whole, KKR has fluctuated by 6.32% over the past month.
With the market capitalization of KKR & Co. Inc currently standing at about $108.28 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.71, with its dividend yield at 0.58%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.93B, with a low estimate of 1.65B and a high estimate of 2.03B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.81B.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.75, with the price of KKR currently trading nearly 0.82% and 6.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.97, while the 7-day volatility ratio is showing 1.72% which for the 30-day chart, stands at 2.33%. Furthermore, KKR & Co. Inc (KKR)’s beta value is 1.89, and its average true range (ATR) is 4.20.
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 0.45% in today’s session so far, and over the past year, it grew by 14.23%%.
Data on historical trading for KKR & Co. Inc (NYSE:KKR) indicates that the trading volumes over the past 3 months, they’ve averaged 6.43 million. According to company’s latest data on outstanding shares, there are 888.25 million shares outstanding.
Nearly 23.82% of KKR & Co. Inc’s shares belong to company insiders and institutional investors own 60.86% of the company’s shares. The stock has fallen by -17.80% 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.
