News coverage about KKR & Co. L.P. (NYSE:KKR) has been trending somewhat positive recently, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KKR & Co. L.P. earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 46.6928012400837 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- The sentiment expressed by investors: KKR & Co. LP (KKR), Fortinet, Inc. (FTNT) – Market Movers (financialqz.com)
- Outlook for 2018: You Can Get What You Need (finance.yahoo.com)
- KKR, Blackstone Face Demand to Reveal Secrets in Black Box Suit (finance.yahoo.com)
- Coming Out Of Shadows? KKR & Co. LP (KKR), Extraction Oil & Gas, Inc. (XOG) – Market Movers (financialqz.com)
- Google, Temasek investing in Indonesia’s Go-Jek as ride-hailing rivalry deepens-sources (finance.yahoo.com)
KKR has been the topic of a number of research analyst reports. Goldman Sachs Group raised KKR & Co. L.P. from a “neutral” rating to a “buy” rating in a report on Monday, October 16th. Sandler O’Neill initiated coverage on KKR & Co. L.P. in a report on Tuesday, November 28th. They issued a “hold” rating on the stock. Zacks Investment Research cut KKR & Co. L.P. from a “buy” rating to a “sell” rating in a report on Wednesday, October 11th. Morgan Stanley boosted their price target on KKR & Co. L.P. from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Thursday, October 5th. Finally, TheStreet cut KKR & Co. L.P. from a “b” rating to a “c+” rating in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.20.
KKR & Co. L.P. (NYSE:KKR) traded up $0.22 during trading hours on Friday, reaching $22.77. The company’s stock had a trading volume of 2,040,000 shares, compared to its average volume of 2,480,000. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. KKR & Co. L.P. has a 1-year low of $16.77 and a 1-year high of $23.36. The company has a market cap of $18,640.00, a P/E ratio of 11.44, a price-to-earnings-growth ratio of 0.69 and a beta of 1.52.
KKR & Co. L.P. (NYSE:KKR) last released its quarterly earnings data on Thursday, October 26th. The asset manager reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.06). KKR & Co. L.P. had a return on equity of 9.39% and a net margin of 35.65%. The firm had revenue of $356.00 million during the quarter, compared to the consensus estimate of $314.80 million. During the same period in the previous year, the firm earned $0.71 EPS. The business’s revenue was up 29.0% compared to the same quarter last year. equities research analysts expect that KKR & Co. L.P. will post 2.41 EPS for the current fiscal year.
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KKR & Co. L.P. Company Profile
KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Company’s business offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties.
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