KKR & Co Inc (NYSE: KKR) has reported earnings for its third fiscal quarter (ending September 30) of $0.74 versus $1.71 for the same period a year ago — a decline of -57%. E.P.S. were $3.44 for the latest four quarters through September 30 versus $3.20 for the same period a year ago — an increase of 8%.
Recent Price Action
On 10/24/24, KKR & Co Inc (NYSE: KKR) stock enjoyed a large increase of 3.4%, closing at $143.28. Moreover, this advance was accompanied by unusually high trading volume at 163% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.6% during the last week.
Current PriceTarget Research Rating
KKR’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
KKR has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. KKR has a neutral Appreciation Score of 44 but a very high Power Rating of 95, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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