Cracking The Code: Understanding Analyst Reviews For Kimbell Royalty Partners

Kimbell Royalty Partners, LP -1.07% Pre

Kimbell Royalty Partners, LP

KRP

16.70

16.70

-1.07%

0.00% Pre

Across the recent three months, 4 analysts have shared their insights on Kimbell Royalty Partners (NYSE:KRP), expressing a variety of opinions spanning from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 1 0 0 0
Last 30D 1 0 0 0 0
1M Ago 1 1 0 0 0
2M Ago 0 0 0 0 0
3M Ago 1 0 0 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $20.75, a high estimate of $22.00, and a low estimate of $20.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 4.25%.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The perception of Kimbell Royalty Partners by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Neal Dingmann Truist Securities Announces Buy $22.00 -
John Freeman Raymond James Lowers Strong Buy $20.00 $22.00
Tim Rezvan Keybanc Lowers Overweight $20.00 $21.00
Derrick Whitfield Stifel Lowers Buy $21.00 $22.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Kimbell Royalty Partners. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Kimbell Royalty Partners compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Kimbell Royalty Partners's stock. This comparison reveals trends in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Kimbell Royalty Partners's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Kimbell Royalty Partners analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

About Kimbell Royalty Partners

Kimbell Royalty Partners LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. The company's basins and producing regions include areas of interest in the Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Appalachian Basin, Eagle Ford, Bakken/Williston Basin, and DJ Basin/Rockies/Niobrara. Its revenues are derived from royalty payments received from operators based on the sale of oil, natural gas, and NGL production, as well as the sale of NGLs that are extracted from natural gas during processing.

Kimbell Royalty Partners's Financial Performance

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Challenges: Kimbell Royalty Partners's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -3.05%. This indicates a decrease in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.

Net Margin: Kimbell Royalty Partners's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 18.92%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Kimbell Royalty Partners's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.69%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.17%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Kimbell Royalty Partners's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.31.

The Basics of Analyst Ratings

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via