At the time of writing, Kimbell Royalty Partners LP [KRP] stock is trading at $13.93, up 2.20%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KRP shares have gain 1.68% over the last week, with a monthly amount drifted -10.53%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kimbell Royalty Partners LP [NYSE: KRP] stock has seen the most recent analyst activity on March 04, 2025, when Truist downgraded its rating to a Hold and also revised its price target to $16 from $22. Previously, Raymond James downgraded its rating to Mkt Perform on March 03, 2025. On January 30, 2024, Truist initiated with a Buy rating and assigned a price target of $22 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $19 on October 30, 2023. KeyBanc Capital Markets upgraded its rating to a Overweight but $21 remained the price target by the analyst firm on March 07, 2023. In a note dated August 25, 2022, Citigroup initiated an Buy rating and provided a target price of $24 on this stock.
For the past year, the stock price of Kimbell Royalty Partners LP fluctuated between $13.24 and $17.07. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Kimbell Royalty Partners LP [NYSE: KRP] shares were valued at $13.93 at the most recent close of the market. An investor can expect a potential return of 29.22% based on the average KRP price forecast.
Analyzing the KRP fundamentals
According to Kimbell Royalty Partners LP [NYSE:KRP], the company’s sales were 310.70M for trailing twelve months, which represents an -16.00% plunge. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.
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 13.70 points at the first support level, and at 13.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.10, and for the 2nd resistance point, it is at 14.28.
Ratios To Look Out For
It is important to note that Kimbell Royalty Partners LP [NYSE:KRP] has a current ratio of 6.70. Also, the Quick Ratio is 6.50, while the Cash Ratio stands at 2.68. Considering the valuation of this stock, the price to sales ratio is 4.85, the price to book ratio is 2.21.
Transactions by insiders
Recent insider trading involved Rhynsburger Blayne, Controller, that happened on Nov 12 ’24 when 5000.0 shares were sold. Controller, Rhynsburger Blayne completed a deal on Aug 14 ’24 to sell 5000.0 shares. Meanwhile, Director Wynne Mitch S. sold 27539.0 shares on Jun 18 ’24.
