KKR & Co. L.P. (KKR): What’s the Story?

KKR & Co. L.P. (KKR) is an interesting player in the Financial space, with a focus on Asset Management. The stock has been active on the tape, currently trading at $21.78, down from yesterday’s close by -0.50%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

KKR & Co. L.P. (KKR) currently trades with a market capitalization of $18.03 Billion. That value represents a market adjusting for revenues that have been growing by 95.58 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $492.85 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.56 on a per share basis this quarter. Perhaps, that suggests something about why 0.57% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, KKR & Co. L.P. recorded a 52-week high of $24.50. It is now trading 2.72% off that level. The stock is trading $22.08 its 50-day moving average by 0.3%. The stock carved out a 52-week low down at $16.77.

In recent action, KKR & Co. L.P. (KKR) has made a move of -9.21% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.28, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.70% with $818.05 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of KKR.

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