On Tuesday, Kimbell Royalty Partners LP (NYSE: KRP) was -0.83% drop from the session before settling in for the closing price of $15.75. A 52-week range for KRP has been $14.26 – $17.07.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 32.50%. When this article was written, the company’s average yearly earnings per share was at -47.20%. With a float of $67.39 million, this company’s outstanding shares have now reached $95.49 million.
In terms of profitability, gross margin is 61.21%, operating margin of 34.44%, and the pretax margin is 22.19%.
Kimbell Royalty Partners LP (KRP) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Kimbell Royalty Partners LP stocks. The insider ownership of Kimbell Royalty Partners LP is 5.30%, while institutional ownership is 25.20%. The most recent insider transaction that took place on Nov 12 ’24, was worth 82,050. In this transaction Controller of this company sold 5,000 shares at a rate of $16.41, taking the stock ownership to the 45,164 shares. Before that another transaction happened on Aug 14 ’24, when Company’s Controller sold 5,000 for $15.71, making the entire transaction worth $78,550. This insider now owns 50,164 shares in total.
Kimbell Royalty Partners LP (KRP) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -47.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.87% during the next five years compared to 18.10% growth over the previous five years of trading.
Kimbell Royalty Partners LP (NYSE: KRP) Trading Performance Indicators
You can see what Kimbell Royalty Partners LP (KRP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.59. Likewise, its price to free cash flow for the trailing twelve months is 5.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.52, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.94 in one year’s time.
Technical Analysis of Kimbell Royalty Partners LP (KRP)
The latest stats from [Kimbell Royalty Partners LP, KRP] show that its last 5-days average volume of 0.69 million was superior to 0.39 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.22%. Additionally, its Average True Range was 0.26.
During the past 100 days, Kimbell Royalty Partners LP’s (KRP) raw stochastic average was set at 32.84%, which indicates a significant increase from 29.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.84% in the past 14 days, which was lower than the 16.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.08, while its 200-day Moving Average is $16.10. Now, the first resistance to watch is $15.78. This is followed by the second major resistance level at $15.93. The third major resistance level sits at $16.14. If the price goes on to break the first support level at $15.42, it is likely to go to the next support level at $15.21. The third support level lies at $15.06 if the price breaches the second support level.
Kimbell Royalty Partners LP (NYSE: KRP) Key Stats
There are 95,494K outstanding shares of the company, which has a market capitalization of 1.49 billion. As of now, sales total 294,070 K while income totals 66,540 K. Its latest quarter income was 83,790 K while its last quarter net income were 22,690 K.
