In the preceding three months, 5 analysts have released ratings for Kimbell Royalty Partners (NYSE:KRP), presenting a wide array of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 0 | 2 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 1 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $18.2, a high estimate of $23.00, and a low estimate of $14.00. This current average has decreased by 6.67% from the previous average price target of $19.50.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Kimbell Royalty Partners among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| William Janela | Mizuho | Announces | Neutral | $16.00 | - |
| Neal Dingmann | Truist Securities | Lowers | Hold | $16.00 | $22.00 |
| Noah Hungness | B of A Securities | Lowers | Underperform | $14.00 | $16.00 |
| John Freeman | Raymond James | Raises | Strong Buy | $23.00 | $19.00 |
| Neal Dingmann | Truist Securities | Raises | Buy | $22.00 | $21.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kimbell Royalty Partners. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kimbell Royalty Partners compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Kimbell Royalty Partners's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Kimbell Royalty Partners's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
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Unveiling the Story Behind 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.
Financial Milestones: Kimbell Royalty Partners's Journey
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.
Negative Revenue Trend: Examining Kimbell Royalty Partners's financials over 3 months reveals challenges. As of 31 December, 2024, the company experienced a decline of approximately -16.16% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in 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 -53.33%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Kimbell Royalty Partners's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -4.64%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Kimbell Royalty Partners's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -3.24%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.31.
Understanding the Relevance of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.