On Monday, Kimbell Royalty Partners LP (NYSE: KRP) was -5.87% drop from the session before settling in for the closing price of $15.32. A 52-week range for KRP has been $14.93 – $17.07.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 23.10%. When this article was written, the company’s average yearly earnings per share was at -113.20%. With a float of $79.95 million, this company’s outstanding shares have now reached $108.21 million.
In terms of profitability, gross margin is 71.02%, operating margin of 15.73%, and the pretax margin is 3.26%.
Kimbell Royalty Partners LP (KRP) Insider Activity
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 31.90%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -113.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.72% during the next five years compared to 50.20% 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 6.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.02. Likewise, its price to free cash flow for the trailing twelve months is 6.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.12, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.03 in one year’s time.
Technical Analysis of Kimbell Royalty Partners LP (KRP)
Compared to the last year’s volume of 1.0 million, its volume of 1.45 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.21%. Additionally, its Average True Range was 0.35.
During the past 100 days, Kimbell Royalty Partners LP’s (KRP) raw stochastic average was set at 4.64%, which indicates a significant decrease from 6.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.20% in the past 14 days, which was higher than the 20.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.70, while its 200-day Moving Average is $16.06. Nevertheless, the first resistance level for the watch stands at $15.08 in the near term. At $15.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.13. If the price goes on to break the first support level at $14.03, it is likely to go to the next support level at $13.64. Should the price break the second support level, the third support level stands at $12.98.
Kimbell Royalty Partners LP (NYSE: KRP) Key Stats
There are 95,494K outstanding shares of the company, which has a market capitalization of 1.56 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.
