KKR & Co. Inc (NYSE: KKR) Stock: Bulls Should Watch This

The trading price of KKR & Co. Inc (NYSE:KKR) remained unchanged on Tuesday, April 23, closing at $97.97.

The company’s P/E ratio in the trailing 12-month period was 23.96. In examining the 52-week price action we see that the stock hit a 52-week high of $103.48 and a 52-week low of $47.79. Over the past month, the stock has lost -2.77% in value.

KKR & Co. Inc, whose market valuation is $86.70 billion at the time of this writing. The dividend yield on the company stock is 0.67%, while its Forward Dividend ratio is 0.66. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.96 per share this quarter, however they have predicted annual earnings per share of 4.8 for current year and 6.06 for next year.

Analysts have forecast the company to bring in revenue of 1.5B for the current quarter, with the likely lows of 1.29B and highs of 1.77B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 7.51B.

On the technical side, indicators suggest KKR has a 75% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0.92, which symbolizes a positive outlook. A quick review shows that KKR’s price is currently -0.16% off the SMA20 and 0.45% off the SMA50. The RSI metric on the 14-day chart is currently showing 52.18, and weekly volatility stands at 3.15%. When measured over the past 30 days, the indicator reaches 2.78%. KKR & Co. Inc (NYSE:KKR)’s beta value is currently sitting at 1.61, while the Average True Range indicator is currently displaying 2.86.

To see how KKR & Co. Inc stock has been performing in comparison to its peers in the industry, here are the numbers: KKR stock’s performance was 0.00% in the latest trading, and 86.54% in the past year. KKR & Co. Inc has a P/E ratio of 23.96.

An evaluation of the daily trading volume of KKR & Co. Inc (NYSE:KKR) indicates that the 3-month average is 3.68 million.

Currently, records show that 885.01 million of the company’s shares remain outstanding. The insiders hold 24.42% of outstanding shares, whereas institutions hold 57.81%. However, since the stock’s price has seen 18.25% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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