KKR stock: buy or sell?

KKR stock price: $33.11 -1.75% At close on February 21st, 2020

Updated on:
February 21st, 2020

5

After marking all time highs on Feb/12, KKR dropped -1.75% to $33.11.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean KKR will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

Daily outlook

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 stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

How 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 Share

Since 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.
KKR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.81n/a
2017-Q32017-10-260.420.36-14.3%
2017-Q42018-02-080.520.48-7.7%
2018-Q12018-05-030.190.42121.1%
2018-Q22018-07-260.460.496.5%
2018-Q32018-10-250.550.69.1%
2018-Q42019-02-010.490.5512.2%
2019-Q12019-05-010.39n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

KKR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$4,660 M-$691 M14.8%-
2014$7,655 M64.27%$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 M33.20%$1,018 M28.6%229.22%
2018$2,396 M-32.65%$1,131 M47.2%11.07%
TTM $2,526 M5.44%$1,662 M65.8%46.94%

Quarterly financial results

KKR 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%.
KKR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$830 M-$414 M49.9%-
2017-Q3$645 M-22.27%$162 M25.1%-60.89%
2017-Q4$1,298 M101.13%$175 M13.5%7.92%
2018-Q1$584 M-54.99%$178 M30.5%2.12%
2018-Q2$2,302 M294.02%$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 ownership

When 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:

KKR
Market cap$18.5 B
Total shares560.0 M
Float shares498.9 M
  - Institutional holdings (%)79.7%
  - Insider holdings (%)4.7%
Shares in short selling0.0%

KKR summary

Friday, February 21st, 2020
Open$33.50
Close$33.11
Day range$33.00 - $33.54
Previous close$33.70
Session gain-1.75%
Average true range$0.72
50d mov avg$30.72
100d mov avg$29.38
200d mov avg$27.30
Daily pattern
Weekly pattern lt06a

KKR performance

To measure stock performance is always good to compare with competitors or related stocks. We compared KKR against in the following table:
Stock3m6m12m
KKR 14.05%31.08%44.40%

KKR competitors

Unfortunately, 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