Alert: Negative Investment/Fundamental Signals (9/12/24)-FS KKR Capital Corp (NYSE: FSK)

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Extremely significant negative changes in FS KKR Capital Corp (NYSE: FSK) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Recent slight negative changes in fundamentals have affected FS KKR Capital Corp (NYSE: FSK): 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 contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FS KKR Capital has a good Appreciation Score of 78 but a slightly negative Power Rating of 35, triggering the Neutral Value Trend Rating.

Recent Price Action

FS KKR Capital Corp (NYSE: FSK) stock closed at $19.42 on 9/12/24 after a modest gain of 0.7%. This advance was accompanied by normal trading volume. The stock has declined -4.1% during the last week and has performed in line with the market over the last nine months.

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