Alert: Negative Investment/Fundamental Signals (8/5/24)-FS KKR Capital Corp (NYSE: FSK)

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FS KKR Capital Corp (NYSE: FSK). Extremely important negative changes in investment behavior have recently occurred: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.

FS KKR Capital Corp (NYSE: FSK). Small negative changes in fundamentals have recently occurred: significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

FSK’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

FS KKR Capital has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FS KKR Capital has a good Appreciation Score of 79 but a poor Power Rating of 29, leading to the Neutral Value Trend Rating.

Recent Price Action

FS KKR Capital Corp (NYSE: FSK) stock closed at $18.74 on 8/5/24 after a decline of -3.7%. Moreover, exceptionally high trading volume at 257% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -7.5% during the last week.

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