KB Financial Group Inc. (NYSE: KB) is -31.93% lower on its value in year-to-date trading and has touched a low of $20.93 and a high of $42.90 in the current 52-week trading range. The KB stock was last observed hovering at around $28.05 in the last trading session, with the day’s gains setting it 0.11% off its average median price target of $37.87 for the next 12 months. It is also 38.16% off the consensus price target high of $45.54 offered by 25 analysts, but current levels are 9.74% higher than the price target low of $31.20 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Currently trading at $28.16, the stock is -3.77% and 2.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing 0.39% at the moment leaves the stock -15.91% off its SMA200. KB registered -28.69% loss for a year compared to 6-month loss of -34.21%. The firm has a 50-day simple moving average (SMA 50) of $27.98 and a 200-day simple moving average (SMA200) of $31.83.
The stock witnessed a 2.77% gain in the last 1 month and extending the period to 3 months gives it a 2.21%, and is -3.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.96% over the week and 2.58% over the month.
KB Financial Group Inc. (KB) has around 25725 employees, a market worth around $11.69B and $12.05B in sales. Current P/E ratio is 4.21 and Fwd P/E is 5.20. Profit margin for the company is 21.70%. Distance from 52-week low is 34.54% and -34.36% from its 52-week high. The company has generated returns on investments over the last 12 months (6.40%).
KB Financial Group Inc. (KB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for KB Financial Group Inc. (KB) is a “Buy”. 25 analysts offering their recommendations for the stock have an average rating of 1.00, where 0 rate it as a Hold and 4 think it is a “Overweight”. 21 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
KB Financial Group Inc. is expected to release its quarterly report on 07/16/2020 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 9.30% this year.
KB Financial Group Inc. (KB) Top Institutional Holders
180 institutions hold shares in KB Financial Group Inc. (KB), with institutional investors hold 7.09% of the company’s shares. The shares outstanding are 389.63M, and float is at 384.83M with Short Float at 0.07%. Institutions hold 7.09% of the Float.
The top institutional shareholder in the company is Franklin Resources, Inc with over 6.53 million shares valued at $177.58 million. The investor’s holdings represent 1.57% of the KB Shares outstanding. As of Mar 30, 2020, the second largest holder is Dimensional Fund Advisors LP with 4.12 million shares valued at $112.05 million to account for 0.99% of the shares outstanding. The other top investors are Lazard Asset Management LLC which holds 2.18 million shares representing 0.52% and valued at over $59.2 million, while Northern Trust Corporation holds 0.39% of the shares totaling 1.62 million with a market value of $44.11 million.
KB Financial Group Inc. (KB): Who are the competitors?
The company’s main competitors (and peers) include The Bank of New York Mellon Corporation (BK) that is trading -16.29% down over the past 12 months. Mizuho Financial Group Inc. (MFG) is -14.74% down on the 1-year trading charts. Short interest in the company’s stock has fallen -40.57% from the last report on May 14, 2020 to stand at a total of 0.25 million short shares sold with a short interest ratio of 0.68.