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FS KKR Capital (FSK) Dips More Than Broader Markets: What You Should Know
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FS KKR Capital (FSK - Free Report) closed at $17.56 in the latest trading session, marking a -1.9% move from the prior day. This change lagged the S&P 500's 0.65% loss on the day. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq added 0.03%.
Coming into today, shares of the business development company had lost 17.32% in the past month. In that same time, the Finance sector lost 10.66%, while the S&P 500 lost 11.07%.
Wall Street will be looking for positivity from FS KKR Capital as it approaches its next earnings report date. On that day, FS KKR Capital is projected to report earnings of $0.72 per share, which would represent year-over-year growth of 12.5%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $404.28 million, up 12.3% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.86 per share and revenue of $1.59 billion. These totals would mark changes of +7.52% and +47.49%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for FS KKR Capital. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. FS KKR Capital is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, FS KKR Capital is holding a Forward P/E ratio of 6.27. This valuation marks a discount compared to its industry's average Forward P/E of 8.47.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 59, which puts it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow FSK in the coming trading sessions, be sure to utilize Zacks.com.
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FS KKR Capital (FSK) Dips More Than Broader Markets: What You Should Know
FS KKR Capital (FSK - Free Report) closed at $17.56 in the latest trading session, marking a -1.9% move from the prior day. This change lagged the S&P 500's 0.65% loss on the day. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq added 0.03%.
Coming into today, shares of the business development company had lost 17.32% in the past month. In that same time, the Finance sector lost 10.66%, while the S&P 500 lost 11.07%.
Wall Street will be looking for positivity from FS KKR Capital as it approaches its next earnings report date. On that day, FS KKR Capital is projected to report earnings of $0.72 per share, which would represent year-over-year growth of 12.5%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $404.28 million, up 12.3% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.86 per share and revenue of $1.59 billion. These totals would mark changes of +7.52% and +47.49%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for FS KKR Capital. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. FS KKR Capital is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, FS KKR Capital is holding a Forward P/E ratio of 6.27. This valuation marks a discount compared to its industry's average Forward P/E of 8.47.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 59, which puts it in the top 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow FSK in the coming trading sessions, be sure to utilize Zacks.com.