KKR stock: buy or sell?
September 20th, 2019
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:
|New all-time high||Yes|
|New 52 week high||Yes|
|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.At Stocks2.com, we collected 7 ratings published for KKR stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-19||Goldman Sachs Group||Buy||Conviction-Buy|
|2019-9-19||Goldman Sachs Group||n/a||Buy|
|2019-9-12||Wells Fargo & Co||n/a||Outperform|
|2019-8-5||Barclays||Equal Weight||Equal Weight|
|2019-5-21||Credit Suisse Group||Outperform||Neutral|
|2019-4-2||Sanford C. Bernstein||Market Perform||Underperform|
|2019-1-4||Goldman Sachs Group||Conviction-Buy||Buy|
KKR stock analysis
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.
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 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 $31.30How 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-19||Goldman Sachs Group||Raises Target||$34.00||$35.00||2.9%|
|2019-9-12||Wells Fargo & Co||Raises Target||$31.00||$32.00||3.2%|
|2019-5-21||Credit Suisse Group||Downgrades||n/a||$29.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince May, when KKR published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%
|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 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%.
|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 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:
|Market cap||$15.9 B|
|Total shares||545.6 M|
|Float shares||469.3 M|
|- Institutional holdings (%)||75.6%|
|- Insider holdings (%)||5.0%|
|Shares in short selling||0.0%|
|Friday, September 20th, 2019|
|Day range||$28.73 - $29.25|
|Average true range||$0.74|
|50d mov avg||$26.13|
|100d mov avg||$25.18|
|200d mov avg||$23.70|
KKR performanceStocks 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.
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