A look at KKR technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 40.16 point. Its trading volume has lost -759171 shares compared to readings over the past three months as it recently exchanged 5380829 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 6140000 shares, and this is 0.88 times the normal volume.
KKR & Co. Inc. (NYSE:KKR) dipped by -14.14% over the past three months which led to its overall six-month decrease to stand at -3.87%. The equity price sank -6.04% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a -9.96% fall over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 10.37% and is now up by 2.61% since start of this year.
The shares of KKR & Co. Inc. dropped by -24.78% or -$7.12 from its last recorded high of $28.73 which it attained on September 21 to close at $21.61 per share. Over the past 52 weeks, the shares of KKR & Co. Inc. has been trading as low as $19.11 before witnessing a massive surge by 13.08% or $2.5. This price movement has led to the KKR stock receiving more attention and has become one to watch out for. It dipped by -2.66% on Thursday and this got the market worried. The stock’s beta now stands at 1.59 and when compared to its 200-day moving average and its 50-day moving average, KKR price stands -9.75% below and -10.73% below respectively. Its average daily volatility for this week is 3.64% which is more than the 3.32% recorded over the past month.
Experts from research firms are bullish about the near-term performance of KKR & Co. Inc. (KKR) with most of them predicting a $30.92 price target on a short-term (12 months) basis. The average price target by the analysts will see a 43.08% rise in the stock and would lead to KKR’s market cap to surge to $25.53B. The stock has been rated an average 1.9, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 13 analysts that track KKR & Co. Inc. (NYSE:KKR) and find out that 3 of them rated it as a Hold. 10 of the 10 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
The price of Foot Locker, Inc. (NYSE:FL) currently stands at $54.47 after it went down by $-0.46 or -0.84% and has found a strong support at $53.34 a share. If the FL price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $52.21 mark would also be bad for the stock as it means that the stock would plunge by 4.15% from its current position. However, if the stock price is able to trade above the resistance point around $55.1, then it could likely surge higher to try and break the upward resistance which stands at $55.73 a share. Its average daily volatility over the past one month stands at 3.71%. The stock has plunged by 2.98% from its 52-weeks high of $52.845 which it reached on Jun. 11, 2018. In general, it is 29.92% above its 52-weeks lowest point which stands at $38.17 and this setback was observed on Mar. 02, 2018.
Analysts have predicted a price target for Foot Locker, Inc. (FL) for 1 year and it stands at an average $58.57/share. This means that it would likely increase by 7.53% from its current position. The current price of the stock has been moving between $52.845 and $54.605. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $40. On the other hand, one analyst is super bullish about the price, setting a target as high as $70.
The FL stock Stochastic Oscillator (%D) is at 66.43%, which means that it is currently neutral. The shares P/S ratio stands at 0.78 which compares to the 2 recorded by the industry or the 136.78 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 11.1, which is lower than the 15.67 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 3% over the past five years.
Analysts view Foot Locker, Inc. (NYSE:FL) as a Hold, with 2.2 consensus rating. Reuters surveyed 23 analysts that follow FL and found that 7 of those analysts rated the stock as a Hold. The remaining 16 were divided, with 13 analyst rating it as a Buy or a Strong Buy while 3 analysts advised investors to desist from buying Foot Locker, Inc. (FL) shares or sell it if they already own it.