Kimbell Royalty Partners (NYSE:KRP – Get Free Report) is anticipated to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $79.32 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Kimbell Royalty Partners Trading Down 1.7 %
Shares of KRP stock opened at $15.79 on Wednesday. The firm’s 50-day simple moving average is $15.75 and its 200-day simple moving average is $15.88. The company has a debt-to-equity ratio of 0.40, a current ratio of 5.20 and a quick ratio of 5.20. Kimbell Royalty Partners has a 1-year low of $14.95 and a 1-year high of $17.07. The firm has a market cap of $1.51 billion, a P/E ratio of 30.95, a PEG ratio of 4.25 and a beta of 1.08.
Analysts Set New Price Targets
A number of brokerages have weighed in on KRP. Raymond James lifted their price target on shares of Kimbell Royalty Partners from $19.00 to $23.00 and gave the company a “strong-buy” rating in a report on Thursday, January 23rd. Truist Financial boosted their target price on Kimbell Royalty Partners from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, January 13th.
About Kimbell Royalty Partners
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