Is KKR & CO INC (NYSE:KKR) suited for high growth investing?

Our stock screener has identified KKR & CO INC (NYSE:KKR) as a potential breakout candidate. This technical breakout setup pattern occurs when the stock consolidates after a strong uptrend. While the actual breakout is uncertain, it may be worth keeping an eye on NYSE:KKR.

What is the technical picture of NYSE:KKR telling us.

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Taking everything into account, KKR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, KKR has proven to be a steady performer, scoring decent points in every aspect analyzed.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that KKR is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, KKR also shows a nice and consistent pattern of rising prices.
• KKR is one of the better performing stocks in the Capital Markets industry, it outperforms 96% of 220 stocks in the same industry.
• KKR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• KKR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

Our latest full technical report of KKR contains the most current technical analsysis.

Looking at the Setup

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NYSE:KKR is 7:

KKR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Looking into the high growth metrics of KKR & CO INC

• The quarterly earnings of KKR & CO INC have shown a 56.82% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• With impressive quarter-to-quarter (Q2Q) revenue growth of 36.28%, KKR & CO INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• KKR & CO INC has achieved significant 1-year revenue growth of 78.71%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• In the most recent financial report, KKR & CO INC reported a 56.82% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• KKR & CO INC shows accelerating EPS growth: when comparing the current Q2Q growth of 56.82% to the previous year Q2Q growth of -4.35%, we see the growth rate improving.
• With a favorable trend in its free cash flow (FCF) over the past year, KKR & CO INC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• With a solid Return on Equity (ROE) of 12.42%, KKR & CO INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• With institutional shareholders at 65.0%, KKR & CO INC demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.
• With a track record of beating EPS estimates in the last 4 quarters, KKR & CO INC showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• The Relative Strength (RS) of KKR & CO INC has consistently been strong, with a current 94.22 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. KKR & CO INC demonstrates promising potential for sustained price momentum.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.