KKR stock: buy or sell?
February 21st, 2020
KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, and middle market investments.
Should I buy KKR stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, KKR stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is KKR stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for KKR stock for the last month.
KKR stock analysis
KKR dropped -1.75% to $33.11 after reaching all time highs on Feb 12th.
KKR dropped -1.75% on February/21 to $33.11 after reaching all time highs on Feb 12th. On October KKR price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On February/12, KKR hit new all time highs, pushing higher previous ATH of $34.08 recorded on Feb/11. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
KKR ended this week at $33.11 and depreciated a lame -1.28%.
KKR stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record KKR marked last week. Early June KKR price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Late May 2019, SMA20w and SMA40w crossed up triggering a rise of 39.82%.
KKR stock price history
KKR IPO was on July 15th, 2010 at $6.38 per share1. Since then, KKR stock surged a 419.00%, with a yearly average of 46.60%. If you had invested $1,000 in KKR stock in 2010, it would worth $4,190.00 today.
1: Adjusted price after possible price splits or reverse-splits.
KKR stock historical price chart
KKR stock reached all-time highs on February 12th with a price of $34.14.
KKR stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' KKR stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price forecast for KKR stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last May, when KKR presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a dreadful drop down of -32.65% to $2,395.84 million USD. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) skyrocketed a 18.58% to 47.21%. To have an up to date picture of the financial situation of KKR, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual KKR TTM sales up to March 2019 were $2,526.18 and earnings were $1,661.94 M USD. If we compare this TTM figures with the last reported annuality, we can esteem KKR business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, soared a decent 5.44%. On the other hand, profit margin (net income/revenues) boosted at 47.21%.
|2013||$4,660 M||-||$691 M14.8%||-|
|2014||$7,655 M||64.27%||$0.00 M0.0%||-100.00%|
|2015||$7,213 M||-5.77%||$0.00 M0.0%||0.00%|
|2016||$2,671 M||-62.97%||$309 M11.6%||0.00%|
|2017||$3,557 M||33.20%||$1,018 M28.6%||229.22%|
|2018||$2,396 M||-32.65%||$1,131 M47.2%||11.07%|
|TTM||$2,526 M||5.44%||$1,662 M65.8%||46.94%|
Quarterly financial resultsKKR posted $1,187.48 million in revenues for 2019-Q1, a -140.57% less compared to previous quarter. Reported quarter earnings marked $709.32 M with a profit margin of 59.73%. Profit margin rocketed a 46.59% compared to previous quarter when profit margin was 13.14%. When comparing sales to same quarter last year, KKR sales marked a dazzling growth and boosted a 103.22%.
|2017-Q2||$830 M||-||$414 M49.9%||-|
|2017-Q3||$645 M||-22.27%||$162 M25.1%||-60.89%|
|2017-Q4||$1,298 M||101.13%||$175 M13.5%||7.92%|
|2018-Q1||$584 M||-54.99%||$178 M30.5%||2.12%|
|2018-Q2||$2,302 M||294.02%||$689 M29.9%||285.96%|
|2018-Q3||$1,963 M||-14.74%||$649 M33.0%||-5.83%|
|2018-Q4||$-2,927 M||-249.09%||$-385 M13.1%||-159.31%|
|2019-Q1||$1,187 M||-140.57%||$709 M59.7%||-284.41%|
KKR ownershipWhen you are planning to invest in a company, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For KKR, 4.65% of all outstanding shares are owned by its staff.
In case of KKR stock, 79.74% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for KKR stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$18.5 B|
|Total shares||560.0 M|
|Float shares||498.9 M|
|- Institutional holdings (%)||79.7%|
|- Insider holdings (%)||4.7%|
|Shares in short selling||0.0%|
|Friday, February 21st, 2020|
|Day range||$33.00 - $33.54|
|Average true range||$0.72|
|50d mov avg||$30.72|
|100d mov avg||$29.38|
|200d mov avg||$27.30|
KKR performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared KKR against in the following table:
KKR competitorsUnfortunately, we could not find any public company that could be defined as KKR competitor. This doesn't mean KKR does not have any competitor in the market, it's just we could not detected it.
Latest KKR stock news
- Seeking AlphaMy Valuation Of KKR: Potential Growth Not Valued By Mr. MarketJuly 3, 2019
- Seeking AlphaRecession At The Gate: Looking For A Better Entry Point To Buy KKR SharesFebruary 11, 2019
- Seeking AlphaFiat Chrysler A Buy As Trade Risk Overdone And KKR Offer GenerousSeptember 20, 2018
- Seeking AlphaHow Has KKR's New Corporate Stock Structure Been Faring?August 26, 2018
- Seeking AlphaKKR Becomes A Corporation In A Few Days - What Should We Expect?June 25, 2018