KKR & Co Inc (NYSE: KKR) has reported E.P.S. of $0.77 for its first fiscal quarter (ending March 31) versus $0.37 for the same period a year ago — an increase of 108%. However, this performance was $-0.62 short of the consensus estimate of $1.39. For the latest four quarters through March 31, E.P.S. were $4.64 compared to $-0.53 a year ago.
Recent Price Action
KKR & Co Inc (NYSE: KKR) stock closed at $95.12 on 5/1/24 after a large increase of 2.2%. Moreover, this advance was accompanied by unusually high trading volume at 170% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, KKR is expected to continue to be a major Value Builder.
KKR has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. KKR has a neutral Appreciation Score of 57 but a very high Power Rating of 99, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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