Kennedy-Wilson Holdings Inc (NYSE:KW) does about 564.40K shares in volume on a normal day but saw 857603 shares change hands in the recent trading day. The company now has a market cap of 1.58B USD. Its current market price is $11.48, marking an increase of 2.41% compared to the previous close of $11.21. The 52 week high reached by this stock is $13.27 whilst the lowest price level in 52 weeks is $7.85.
Kennedy-Wilson Holdings Inc (KW) has a 20-day trading average at $11.08 and the current price is -13.49% off the 52-week high compared with 46.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $11.01 and its 200-day simple moving average is $10.00. If we look at the stock’s price movements over the week, volatility stands at 2.38%, which increases to 3.31% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.95 to suggest the stock is neutral.
The consensus objective for the share price is $11.45, suggesting that the stock has a potential downside of -0.26% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Hold the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 07, 2023 when BofA Securities downgraded the stock to “Underperform” and issued a price target of between $18 and $6. JP Morgan also downgraded the stock to “Neutral” from Overweight on December 16, 2022 at a price target of $21. Deutsche Bank upgraded its price target at $22.
The current price level is 3.58%, 4.29%, and 14.85% away from its SMA20, SMA50, and SMA200 respectively, with the KW price moving above the 50-day SMA on current market day. Kennedy-Wilson Holdings Inc (KW) stock is up 3.80% over the week and 3.14% over the past month. Its price is -7.27% year-to-date and 0.70% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of -1.41 below consensus estimates by -1.44. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to shrink -0.26 percent from here.
Outstanding shares total 138.73M with insiders holding 14.09% of the shares and institutional holders owning 90.06% of the company’s common stock. The company has a return on investment of -5.26% and return on equity of -17.33%. The beta has a value of 1.13. Price to book ratio is 1.91 and price to sales ratio is 2.94.
