In the preceding three months, 16 analysts have released ratings for KKR KKR, presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 7 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 5 | 7 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $138.44, a high estimate of $154.00, and a low estimate of $117.00. Surpassing the previous average price target of $126.15, the current average has increased by 9.74%.
Diving into Analyst Ratings: An In-Depth Exploration
The perception of KKR by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Alexander Blostein | Goldman Sachs | Raises | Buy | $145.00 | $137.00 |
| Vikram Gandhi | HSBC | Announces | Buy | $148.00 | - |
| Michael Brown | Wells Fargo | Announces | Equal-Weight | $130.00 | - |
| Nicholas Watts | Redburn Atlantic | Announces | Buy | $153.00 | - |
| Chris Allen | Citigroup | Raises | Buy | $150.00 | $130.00 |
| Devin Ryan | JMP Securities | Raises | Market Outperform | $135.00 | $115.00 |
| Bill Katz | TD Cowen | Raises | Buy | $154.00 | $145.00 |
| Alexander Blostein | Goldman Sachs | Raises | Buy | $137.00 | $123.00 |
| Benjamin Budish | Barclays | Raises | Overweight | $146.00 | $117.00 |
| Chris Kotowski | Oppenheimer | Raises | Outperform | $128.00 | $121.00 |
| Kyle Voigt | Keefe, Bruyette & Woods | Raises | Outperform | $144.00 | $125.00 |
| Brian Bedell | Deutsche Bank | Raises | Buy | $141.00 | $128.00 |
| Glenn Schorr | Evercore ISI Group | Raises | Outperform | $117.00 | $112.00 |
| Kyle Voigt | Keefe, Bruyette & Woods | Raises | Outperform | $125.00 | $116.00 |
| Benjamin Budish | Barclays | Raises | Overweight | $117.00 | $114.00 |
| Bill Katz | TD Cowen | Lowers | Buy | $145.00 | $157.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to KKR. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of KKR compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for KKR's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of KKR's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on KKR analyst ratings.
Delving into KKR's Background
KKR is one of the world's largest alternative asset managers, with $601.3 billion in total managed assets, including $487.3 billion in fee-earning AUM, at the end of June 2024. The company has two core segments: asset management (which includes private markets—private equity, credit, infrastructure, energy, and real estate—and public markets—primarily credit and hedge/investment fund platforms) and insurance (following the firm's initial investment in, and then ultimate purchase of, Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance).
KKR: Delving into Financials
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: KKR's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 14.54%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: KKR's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 16.26%, the company may face hurdles in effective cost management.
Return on Equity (ROE): KKR's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.1%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): KKR's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.19%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: KKR's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.32, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analyst Ratings: Simplified
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
