KKR & Co Inc (KKR) Getting Somewhat Negative Media Coverage, Study Finds

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Media headlines about KKR & Co Inc (NYSE:KKR) have trended somewhat negative this week, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. KKR & Co Inc earned a daily sentiment score of -1.88 on their scale. InfoTrie also assigned media headlines about the asset manager an news buzz score of 3 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news stories that may have impacted KKR & Co Inc’s analysis:

Several equities research analysts have recently commented on KKR shares. Zacks Investment Research raised KKR & Co Inc from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a report on Thursday, March 21st. Goldman Sachs Group downgraded KKR & Co Inc from a “conviction-buy” rating to a “buy” rating in a report on Friday, January 4th. Citigroup cut their price objective on KKR & Co Inc from $33.00 to $32.00 and set a “buy” rating for the company in a report on Wednesday, December 19th. Finally, Morgan Stanley set a $22.00 price target on KKR & Co Inc and gave the company a “hold” rating in a report on Friday, January 4th. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $30.03.

Shares of KKR & Co Inc stock opened at $23.49 on Friday. KKR & Co Inc has a 1 year low of $18.30 and a 1 year high of $28.73. The firm has a market cap of $12.52 billion, a price-to-earnings ratio of 12.17, a price-to-earnings-growth ratio of 3.08 and a beta of 1.66. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.09 and a quick ratio of 1.09.

KKR & Co Inc (NYSE:KKR) last announced its quarterly earnings results on Friday, February 1st. The asset manager reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.06. KKR & Co Inc had a return on equity of 6.86% and a net margin of 48.08%. The business had revenue of $541.58 million during the quarter, compared to the consensus estimate of $489.48 million. During the same quarter last year, the firm posted $0.45 EPS. On average, sell-side analysts forecast that KKR & Co Inc will post 1.78 EPS for the current fiscal year.

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KKR & Co Inc Company Profile

KKR & Co L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments.

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