FS KKR Capital Corp (NYSE: FSK) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.32 versus $0.24 for the same period a year ago — an increase of 33%. Relative to the consensus estimate of $0.75, this was a shortfall of $-0.43. E.P.S. were $2.48 for the latest four quarters through December 31 versus $0.32 for the same period a year ago — an increase of 675%.
Recent Price Action
FS KKR Capital Corp (NYSE: FSK) stock declined modestly by -1.2% on 2/26/24. The stock closed at $19.99. Moreover, unusually high trading volume at 150% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -1.0% during the last week.
Current PriceTarget Research Rating
FSK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
FS KKR Capital has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. FS KKR Capital has a slightly positive Appreciation Score of 67 and a good Power Rating of 70, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment