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FS KKR Capital (FSK) Stock Sinks As Market Gains: What You Should Know
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FS KKR Capital (FSK - Free Report) closed the most recent trading day at $18.84, moving -0.42% from the previous trading session. This move lagged the S&P 500's daily gain of 0.4%. Meanwhile, the Dow gained 0.33%, and the Nasdaq, a tech-heavy index, lost 1.1%.
Heading into today, shares of the business development company had gained 7.2% over the past month, outpacing the Finance sector's gain of 3.81% and the S&P 500's loss of 0.01% in that time.
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 $0.75 per share, which would represent year-over-year growth of 15.38%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $431.6 million, up 18.57% from the year-ago period.
Investors might also notice recent changes to analyst estimates for FS KKR Capital. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually 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).
In terms of valuation, FS KKR Capital is currently trading at a Forward P/E ratio of 6.31. This represents a discount compared to its industry's average Forward P/E of 8.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This group has a Zacks Industry Rank of 26, putting it in the top 11% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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) Stock Sinks As Market Gains: What You Should Know
FS KKR Capital (FSK - Free Report) closed the most recent trading day at $18.84, moving -0.42% from the previous trading session. This move lagged the S&P 500's daily gain of 0.4%. Meanwhile, the Dow gained 0.33%, and the Nasdaq, a tech-heavy index, lost 1.1%.
Heading into today, shares of the business development company had gained 7.2% over the past month, outpacing the Finance sector's gain of 3.81% and the S&P 500's loss of 0.01% in that time.
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 $0.75 per share, which would represent year-over-year growth of 15.38%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $431.6 million, up 18.57% from the year-ago period.
Investors might also notice recent changes to analyst estimates for FS KKR Capital. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually 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).
In terms of valuation, FS KKR Capital is currently trading at a Forward P/E ratio of 6.31. This represents a discount compared to its industry's average Forward P/E of 8.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This group has a Zacks Industry Rank of 26, putting it in the top 11% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.