FS KKR Capital Corp (NYSE: FSK): Retirees Don’t Worry About Volatility

FS KKR Capital Corp (NYSE:FSK) currently has a daily average trading volume of 1.32M but it saw 1257951 shares traded in last market. With a market cap of 6.74B USD, the company’s current market price of $24.06 came rising about 0.46 while comparing to the previous closing price of $23.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.04 and as low as $18.11.

Taking a look at 20-day trading activity of FS KKR Capital Corp (FSK) gives us an average price of $23.16, while its current price level is 0.08% below from 52-week high level whereas it is 32.88% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $22.22 while that of 200 days or SMA-200 reads an average of $20.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.30% during that period while stretching the period over a month that increases to 1.34%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 76.31 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which downgraded the stock as “Neutral” in its note to investors issued on December 11, 2024, recommending a price target of $21.50 for it. Wells Fargo downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on December 02, 2024 while assigning a price target of $21. Wells Fargo issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $19 and $21.

Over the week, FSK’s stock price is moving 3.89% up while it is 8.09% when we observe its performance for the past one month. Year-to-date it is 10.77% up and over the past year, the stock is showing an upside performance of 20.82%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0.65 while estimate for next year EPS is 2.92. In next quarter, company is expected to be making quarterly sales of $408.44M as analysts are expecting the sales for current fiscal year at $1.73B and seeing the company making $1.61B in sales next year. Moreover, analysts are in estimates of $419.97M for current-quarter revenue.

Currently, FS KKR Capital Corp’s total number of outstanding shares is 280.07M with 0.35% of that held by the insiders while 30.48% of its common stock has been owned by the institutions. It has a price to earnings ratio (P/E ratio) of 12.80 while having a 9.26 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.01 while price to sale or P/S ratio amounts to 3.83.