A new trading day began on November 20, 2023, with KKR & Co. Inc (NYSE: KKR) stock priced at $66.83, up 1.75% from the previous day of trading. During the day, the shares moved up to $68.25 and dropped to $66.75 before settling in for the closing price of $66.92. KKR’s price has ranged from $45.03 to $67.55 over the past 52 weeks.
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 57.64%. Meanwhile, its annual earnings per share averaged -12.81%. With a float of $667.68 million, this company’s outstanding shares have now reached $861.11 million.
The extent of productivity of a business whose workforce counts for 4500 workers is very important to gauge. In terms of profitability, gross margin is +16.76, operating margin of -49.44, and the pretax margin is -20.03.
KKR & Co. Inc (KKR) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Asset Management Industry. The insider ownership of KKR & Co. Inc is 24.56%, while institutional ownership is 57.99%. The most recent insider transaction that took place on Nov 15, was worth 32,700,000. In this transaction 10% Owner of this company sold 3,000,000 shares at a rate of $10.90, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 21, when Company’s 10% Owner sold 15,000,000 for $36.85, making the entire transaction worth $552,750,000. This insider now owns 4,570,327 shares in total.
KKR & Co. Inc (KKR) Performance Highlights and Predictions
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.88 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -15.90 while generating a return on equity of -4.76. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.81% per share during the next fiscal year.
KKR & Co. Inc (NYSE: KKR) Trading Performance Indicators
Here are KKR & Co. Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.67. Likewise, its price to free cash flow for the trailing twelve months is 10.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.04, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 4.67 in one year’s time.
Technical Analysis of KKR & Co. Inc (KKR)
The latest stats from [KKR & Co. Inc, KKR] show that its last 5-days average volume of 3.19 million was superior to 3.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 90.79%. Additionally, its Average True Range was 1.68.
During the past 100 days, KKR & Co. Inc’s (KKR) raw stochastic average was set at 98.95%, which indicates a significant increase from 98.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.57% in the past 14 days, which was higher than the 29.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.03, while its 200-day Moving Average is $56.78.
KKR & Co. Inc (NYSE: KKR) Key Stats
With a market capitalization of 60.26 billion, the company has a total of 885,009K Shares Outstanding. Currently, annual sales are 5,721 M while annual income is -841,130 K. The company’s previous quarter sales were 3,315 M while its latest quarter income was 1,490 M.