Kinder Morgan Inc (NYSE: KMI) has a price-to-earnings ratio that is above its average at 15.51x. and a 36-month beta value of 0.93. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 4 as “overweight,” 13 as “hold,” and 1 as “sell.”
The average price predicted for Kinder Morgan Inc (KMI) by analysts is $20.34, which is $3.38 above the current market price. The public float for KMI is 1.94B, and at present, short sellers hold a 1.57% of that float. On November 20, 2023, the average trading volume of KMI was 13.46M shares.
KMI) stock’s latest price update
The stock of Kinder Morgan Inc (NYSE: KMI) has increased by 0.83 when compared to last closing price of 16.82. Despite this, the company has experienced a 3.16% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-17 that Kinder Morgan announced the acquisition of STX Midstream for $1.8B in November which improves the company’s diversification and results in accretive DCF per-share. The company’s dividend is well-supported by cash flow and offers a low-risk 6.7% yield. KMI has made significant progress in reducing its debt and plans to further lower its net-debt-to-adjusted-EBITDA ratio by year-end.
KMI’s Market Performance
Kinder Morgan Inc (KMI) has seen a 3.16% rise in stock performance for the week, with a -0.29% decline in the past month and a -2.30% plunge in the past quarter. The volatility ratio for the week is 1.65%, and the volatility levels for the past 30 days are at 1.68% for KMI. The simple moving average for the last 20 days is 2.05% for KMI stock, with a simple moving average of -0.78% for the last 200 days.
Analysts’ Opinion of KMI
Many brokerage firms have already submitted their reports for KMI stocks, with Goldman repeating the rating for KMI by listing it as a “Buy.” The predicted price for KMI in the upcoming period, according to Goldman is $20 based on the research report published on October 06, 2023 of the current year 2023.
KMI Trading at 1.49% from the 50-Day Moving Average
After a stumble in the market that brought KMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.37% of loss for the given period.
Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares sank -0.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.95% upper at present.
During the last 5 trading sessions, KMI rose by +3.16%, which changed the moving average for the period of 200-days by -8.08% in comparison to the 20-day moving average, which settled at $16.62. In addition, Kinder Morgan Inc saw -6.19% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at KMI starting from Mody Sital K, who sale 55,849 shares at the price of $17.36 back on Aug 04. After this action, Mody Sital K now owns 0 shares of Kinder Morgan Inc, valued at $969,578 using the latest closing price.
Schlosser John W, the V.P. (President, Terminals) of Kinder Morgan Inc, sale 1,500 shares at $18.09 during a trade that took place back on Jul 25, which means that Schlosser John W is holding 10,719 shares at $27,142 based on the most recent closing price.
Stock Fundamentals for KMI
Current profitability levels for the company are sitting at:
- +22.63 for the present operating margin
- +28.15 for the gross margin
The net margin for Kinder Morgan Inc stands at +12.96. The total capital return value is set at 6.82, while invested capital returns managed to touch 4.18. Equity return is now at value 8.03, with 3.53 for asset returns.
Based on Kinder Morgan Inc (KMI), the company’s capital structure generated 104.34 points at debt to equity in total, while total debt to capital is 51.06. Total debt to assets is 45.77, with long-term debt to equity ratio resting at 93.17. Finally, the long-term debt to capital ratio is 45.60.
When we switch over and look at the enterprise to sales, we see a ratio of 4.57, with the company’s debt to enterprise value settled at 0.44. The receivables turnover for the company is 11.33 and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.
To sum up, Kinder Morgan Inc (KMI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.