Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for FS KKR Capital Corp (NYSE: FSK) weakened of late. FSK’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/18/24, FS KKR Capital Corp (NYSE: FSK) stock declined slightly by -0.3%, closing at $18.42. However, below average trading volume at 74% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -4.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FSK is expected to continue to be an important Value Builder.
FS KKR Capital has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. FS KKR Capital has a good Appreciation Score of 79 but a neutral Power Rating of 46, and the High Neutral Value Trend Rating results.
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