Recent Performance of KKR & Co. Inc (KKR) Stock: A Closer Look

A share price of KKR & Co. Inc [KKR] is currently trading at $100.45, up 1.45%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The KKR shares have gain 2.32% over the last week, with a monthly amount glided 1.28%, and seem to be holding up well over a long-time horizon.

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On 10, April 2024, Guesty Raises $130M to Accelerate Global Expansion. In a post published today on Yahoo Finance, –  Global investment firm KKR leading Series F funding round, with participation from Inovia Capital-  Investment to drive continued global expansion through both acquisitions and organic growth, including broadening the enterprise-level offering to accommodate medium-term rentals, corporate housing, and fully-serviced stays.

From an analyst’s perspective:

KKR & Co. Inc [NYSE: KKR] stock has seen the most recent analyst activity on January 04, 2024, when TD Cowen initiated its Outperform rating and assigned the stock a price target of $96. Previously, Oppenheimer reaffirmed its Outperform rating on November 30, 2023, and elevated its price target to $94. On October 05, 2023, Wolfe Research initiated with a Outperform rating and assigned a price target of $75 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $69 on May 19, 2023. Barclays initiated its recommendation with a Overweight and recommended $69 as its price target on March 02, 2023. BofA Securities upgraded its rating to Buy for this stock on November 02, 2022, and upped its price target to $60. In a note dated October 19, 2022, Credit Suisse initiated an Neutral rating and provided a target price of $48 on this stock.

KKR & Co. Inc experienced fluctuations in its stock price throughout the past year between $47.79 and $103.48. Currently, Wall Street analysts expect the stock to reach $82.23 within the next 12 months. KKR & Co. Inc [NYSE: KKR] shares were valued at $100.45 at the most recent close of the market. An investor can expect a potential drop of -18.14% based on the average KKR price forecast.

Analyzing the KKR fundamentals

Trailing Twelve Months sales for KKR & Co. Inc [NYSE:KKR] were 16.45B which represents 124.53% growth. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.18 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 98.69 points at the first support level, and at 96.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.49, and for the 2nd resistance point, it is at 104.52.

KKR & Co. Inc [KKR] reported earnings per share of $1 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.91/share, meaning a difference of $0.09 and a surprise factor of 9.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.88 per share as compared to estimates of $0.82 per share, a difference of $0.06 representing a surprise of 7.30%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 5.41, the price to book ratio is 3.89 and price to earnings (TTM) ratio is 24.57.

Transactions by insiders

Recent insider trading involved KKR Group Partnership L.P., 10% Owner, that happened on Apr 01 ’24 when 6.0 million shares were sold. 10% Owner, KKR Alternative Assets LLC completed a deal on Mar 26 ’24 to buy 0.57 million shares. Meanwhile, 10% Owner KKR Alternative Assets LLC bought 0.29 million shares on Mar 13 ’24.

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