Alert: New Earnings Report (5/8/24)-FS KKR Capital Corp (NYSE: FSK).

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FS KKR Capital Corp (NYSE: FSK) has reported E.P.S. of $0.62 for its first fiscal quarter (ending March 31) versus $0.71 for the same period a year ago — a decline of -13%. This result fell short of the consensus estimate of $0.68 by $-0.05. For the latest four quarters through March 31, E.P.S. were $2.40 compared to $0.24 a year ago — an increase of 900%.

Recent Price Action

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On 5/8/24, FS KKR Capital Corp (NYSE: FSK) stock was unchanged 0.0%, closing at $19.40. However, trading volume in this flat performance was below average at 81% of normal. The stock has risen 1.5% during the last week but has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

FSK’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

FS KKR Capital has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FS KKR Capital has a good Appreciation Score of 78 but a slightly negative Power Rating of 34, leading to the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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