FS KKR Capital Corp (FSK) Reported a – Operating Margin Last Year—What’s the Real Story?

Wells Fargo has recently raised FS KKR Capital Corp (FSK) stock to Overweight rating, as announced on May 29, 2024, according to Finviz. Earlier, on February 28, 2024, Hovde Group had reduced the stock from a Outperform to Market Perform, setting a price target of $20. Compass Point also reduced Neutral rating with a price target of $19.50. Additionally, B. Riley Securities initiated Buy rating on July 28, 2023, with a target price of $21. Oppenheimer analysts, in their report published on April 12, 2023, also initiated Perform rating for FS KKR Capital Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.


Sponsored

FS KKR Capital Corp (FSK) Stock Trading Recap

On Tuesday, FS KKR Capital Corp (FSK) stock saw a decline, ending the day at $20.35 which represents a decrease of $-0.38 or -1.83% from the prior close of $20.73. The stock opened at $20.6 and touched a low of $20.33 during the day, reaching a high of $20.65. The volume of shares traded was 1.34 million exceeding the average volume of 1.26 million.

FSK Stock Performance and Moving Averages

In recent trading, FS KKR Capital Corp (FSK) stock price has shown some volatility, fluctuating -1.26% over the last five trades and 3.14% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 7.34%, and it has gained 0.80% in the previous three months. Currently, FSK is trading at 0.07%, 1.70%, and 3.44% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, FSK, a Financial sector stock, is trading -2.26% below its 52-week high but remains 12.09% above its 52-week low. The Average True Range (ATR) (14 days) of 0.22 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

FS KKR Capital Corp’s Profitability and Valuation Ratios

FS KKR Capital Corp’s profitability metrics reveal strong financial health. The company currently boasts a gross margin of 7.34%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, FS KKR Capital Corp’s market capitalization stands at $5.70 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 9.04, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 7.89. Additionally, the Price-to-Sales Ratio is 3.19, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.85, comparing the market value to the company’s book value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.25% of FS KKR Capital Corp (FSK)’s shares, while financial institutions hold 29.40%.

Notable insider trades include Forman Michael C., Chief Executive Officer at FS KKR Capital Corp (FSK), who sold 195139 shares on Aug 15 ’24, at $19.56 each, totaling $3.82 million.

Related Posts