KKR stock: buy or sell?

KKR stock price: $29.15 1.07% At close on September 20th, 2019

Updated on:
September 20th, 2019

5

KKR gained 1.07% to $29.15 after reaching all time highs yesterday.

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 matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups are elegible for KKR stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is KKR stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 7 ratings published for KKR stock in the last month.

Is KKR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-19Goldman Sachs GroupBuyConviction-Buy
2019-9-19Goldman Sachs Groupn/aBuy
2019-9-12Wells Fargo & Con/aOutperform
2019-8-5BarclaysEqual WeightEqual Weight
2019-5-21Credit Suisse GroupOutperformNeutral
2019-4-2Sanford C. BernsteinMarket PerformUnderperform
2019-1-4Goldman Sachs GroupConviction-BuyBuy

KKR stock analysis

Daily outlook

After marking all time highs yesterday, KKR gained 1.07% to $29.15.

KKR gained 1.07% to $29.15 after yesterday all time highs. Since SMA100d and SMA200d crossed up on June, KKR price climbed $5.31 per share (22.27%). Since price and SMA200d lines crossed up on June, KKR climbed $6.54 (28.93%). From a daily perspective, KKR is in a short term uptrend after plotting its last bottom ($27.67, on September 18th) higher than the previous bottom, and its last top ($29.44, yesterday) also over the previous top. Now trading in between its last bottom and last top KKR might consolidate in a plain range, waiting to break out over $29.44 or down under $27.67. Yesterday, KKR hit new all time highs, pushing higher previous ATH of $28.69 recorded on September 13th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

KKR stock chart (daily)

Weekly outlook

Shares of KKR closed this week at $29.15 after reaching a new all time high ($29.44) and rose an excellent 3.63%. With this, it's been 5 climbing weeks in a row, soaring a 18.59%. Late July KKR collapsed a scary -8.12% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $27.63 resistance. Since early June when KKR stock price broke up the SMA40w line, it gained $6.98 (31.48%). Since SMA20d and SMA40w crossed up late May, KKR price climbed $5.28 per share (22.12%).

KKR stock chart (weekly)

KKR stock price history

KKR stock went public on July 15th, 2010 with a price of $6.431. Since then, KKR stock surged a 353.30%, with an average of 39.30% per year. If you had invested $1,000 in KKR stock in 2010, it would worth $3,533.00 today.

1: Adjusted price after possible price splits or reverse-splits.

KKR stock historical price chart

KKR stock reached all-time highs yesterday with a price of $29.44.

KKR stock price target is $31.30

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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 4 price forecasts for KKR stock:
KKR stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-19Goldman Sachs GroupRaises Target$34.00$35.002.9%
2019-9-12Wells Fargo & CoRaises Target$31.00$32.003.2%
2019-8-5BarclaysInitiatesn/a$29.00-
2019-5-21Credit Suisse GroupDowngradesn/a$29.00-
(in average)$32.50$31.30-4.0%
The price prediction for KKR stock is $31.30, moving in a range between $35.00 and $29.00. In average, analysts' outlook on KKR price forecast is negative, reducing the target by a -4.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since May, when KKR published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
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

In 2018, KKR annual turnover plummed a scary -32.65% to $2,395.84 M USD from $3,557.28 marked in 2017. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) rocketed 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 income was $1,661.94 million USD. If we compare this TTM figures with the last reported annuality, we can review KKR business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, soared a good 5.44%. Regarding profit margin, KKR skyrocketed 18.58% to 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 M in revenues for 2019-Q1, a -140.57% decline compared to previous quarter. Reported quarter earnings marked $709.32 million with a profit margin of 59.73%. Profit margin skyrocketed a 46.59% compared to previous quarter when profit margin was 13.14%. When comparing sales to same quarter last year, KKR sales marked an extraordinary increase and climbed 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 shares of a company, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For KKR, 4.96% of all outstanding shares are owned by its staff.

In case of KKR stock, 75.57% 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.

The following table compares ownership indicators for other stocks related to KKR:

KKR
Market cap$15.9 B
Total shares545.6 M
Float shares469.3 M
  - Institutional holdings (%)75.6%
  - Insider holdings (%)5.0%
Shares in short selling0.0%

KKR summary

Friday, September 20th, 2019
Open$28.94
Close$29.15
Day range$28.73 - $29.25
Previous close$28.84
Session gain1.07%
Average true range$0.74
50d mov avg$26.13
100d mov avg$25.18
200d mov avg$23.70
Daily patternlt06a
Weekly pattern lb02c

KKR performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for KKR stock.
Stock3m6m12m
KKR 19.13%24.47%5.35%

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