Kinder Morgan Inc (NYSE: KMI) has a higher price-to-earnings ratio of 16.90x compared to its average ratio, The 36-month beta value for KMI is at 0.88. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 5 rating it as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for KMI is 1.93B, and currently, shorts hold a 1.50% of that float. The average trading volume for KMI on March 25, 2024 was 14.22M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
KMI) stock’s latest price update
The stock of Kinder Morgan Inc (NYSE: KMI) has decreased by -0.50 when compared to last closing price of 18.06.Despite this, the company has seen a gain of 1.87% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-21 that In the most recent trading session, Kinder Morgan (KMI) closed at $18.11, indicating a +0.44% shift from the previous trading day.
KMI’s Market Performance
KMI’s stock has risen by 1.87% in the past week, with a monthly rise of 4.17% and a quarterly rise of 1.87%. The volatility ratio for the week is 1.44% while the volatility levels for the last 30 days are 1.30% for Kinder Morgan Inc The simple moving average for the last 20 days is 1.57% for KMI’s stock, with a simple moving average of 4.47% for the last 200 days.
Analysts’ Opinion of KMI
Goldman, on the other hand, stated in their research note that they expect to see KMI reach a price target of $20. The rating they have provided for KMI stocks is “Buy” according to the report published on October 06th, 2023.
KMI Trading at 3.61% 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 -1.86% of loss for the given period.
Volatility was left at 1.30%, however, over the last 30 days, the volatility rate increased by 1.44%, as shares surge +4.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.73% upper at present.
During the last 5 trading sessions, KMI rose by +1.87%, which changed the moving average for the period of 200-days by +4.29% in comparison to the 20-day moving average, which settled at $17.73. In addition, Kinder Morgan Inc saw 1.87% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KMI starting from Schlosser John W, who sale 7,500 shares at the price of $18.00 back on Jan 03 ’24. After this action, Schlosser John W now owns 3,219 shares of Kinder Morgan Inc, valued at $135,000 using the latest closing price.
Sanders Dax, the VP (Pres., Products Pipelines) of Kinder Morgan Inc, sale 50,000 shares at $17.63 during a trade that took place back on Dec 08 ’23, which means that Sanders Dax is holding 309,069 shares at $881,610 based on the most recent closing price.
Stock Fundamentals for KMI
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.53 for the gross margin
The net margin for Kinder Morgan Inc stands at 0.16. The total capital return value is set at 0.05. Equity return is now at value 7.78, with 3.37 for asset returns.
Based on Kinder Morgan Inc (KMI), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 1.06. The interest coverage ratio of the stock is 3.67.
Currently, EBITDA for the company is 6.49 billion with net debt to EBITDA at 5.97. When we switch over and look at the enterprise to sales, we see a ratio of 4.69. The receivables turnover for the company is 9.66for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.35.
Conclusion
In conclusion, Kinder Morgan Inc (KMI) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
