While KKR & Co. Inc has underperformed by -2.73%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KKR rose by 80.41%, with highs and lows ranging from $163.68 to $80.20, whereas the simple moving average jumped by 19.80% in the last 200 days.
On September 18, 2024, HSBC Securities started tracking KKR & Co. Inc (NYSE: KKR) recommending Buy. A report published by Wells Fargo on September 12, 2024, Initiated its previous ‘Equal Weight’ rating for KKR. Redburn Atlantic also rated KKR shares as ‘Buy’, setting a target price of $153 on the company’s shares in an initiating report dated August 27, 2024. TD Cowen Initiated an Outperform rating on January 04, 2024, and assigned a price target of $96. Oppenheimer resumed its ‘Outperform’ rating for KKR, as published in its report on November 30, 2023. Wolfe Research’s report from October 05, 2023 suggests a price prediction of $75 for KKR shares, giving the stock a ‘Outperform’ rating. Citigroup also rated the stock as ‘Buy’.
Analysis of KKR & Co. Inc (KKR)
The current dividend for KKR investors is set at $0.69 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 99.95%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of KKR & Co. Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 13.45% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and KKR is recording an average volume of 3.12M. On a monthly basis, the volatility of the stock is set at 2.88%, whereas on a weekly basis, it is put at 2.70%, with a loss of -1.19% over the past seven days. Furthermore, long-term investors anticipate a median target price of $170.39, showing growth from the present price of $146.62, which can serve as yet another indication of whether KKR is worth investing in or should be passed over.
How Do You Analyze KKR & Co. Inc Shares?
KKR & Co. Inc (KKR) is based in the USA and is one of the most prominent companies operating in the Asset Management market. When comparing KKR & Co. Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 45.36, there is a growth in quarterly earnings of -61.11%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 23.88%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 60.63% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KKR shares are owned by institutional investors to the tune of 60.63% at present.
