Taking a Look at the Data Behind KKR & Co. L.P. (KKR)

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 $18.18, up from yesterday’s close by 0.83%. 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

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. KKR & Co. L.P. (KKR) currently trades with a market capitalization of $14.81 Billion. That value represents a market adjusting for revenues that have been growing by 56.36 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For KKR, the company currently has $2.51 Billion of cash on the books, which is offset by $ current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $331.8 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.48 on a per share basis this quarter. Perhaps, that suggests something about why 0.37% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, KKR & Co. L.P. recorded a 52-week high of $18.35. It is now trading 0.17% off that level. The stock is trading $17.29 its 50-day moving average by -0.89%. The stock carved out a 52-week low down at $11.27.

In recent action, KKR & Co. L.P. (KKR) has made a move of +4.72% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 21.29, 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 0.42% with $804.89 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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