The stock of Kinder Morgan Inc (KMI) has seen a 0.00% decrease in the past week, with a 2.16% gain in the past month, and a 9.66% flourish in the past quarter. The volatility ratio for the week is 1.47%, and the volatility levels for the past 30 days are at 1.49% for KMI. The simple moving average for the past 20 days is 1.37% for KMI’s stock, with a 14.15% simple moving average for the past 200 days.
Is It Worth Investing in Kinder Morgan Inc (NYSE: KMI) Right Now?
Kinder Morgan Inc (NYSE: KMI) has a price-to-earnings ratio that is above its average at 19.90x. The stock has a 36-month beta value of 0.92. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 5 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for KMI is 1.94B, and at present, short sellers hold a 2.18% of that float. On September 30, 2024, the average trading volume of KMI was 14.18M shares.
KMI) stock’s latest price update
The stock of Kinder Morgan Inc (NYSE: KMI) has increased by 0.51 when compared to last closing price of 21.68. fool.com reported 2024-09-29 that Enbridge backs its huge 6.6% dividend yield with a diversified energy business that’s slowly adjusting to the world’s energy needs. Kinder Morgan’s dividend has continued to rise despite a changing interest rate environment over the last several years.
Analysts’ Opinion of KMI
Many brokerage firms have already submitted their reports for KMI stocks, with Morgan Stanley repeating the rating for KMI by listing it as a “Equal-Weight.” The predicted price for KMI in the upcoming period, according to Morgan Stanley is $24 based on the research report published on September 16, 2024 of the current year 2024.
Argus, on the other hand, stated in their research note that they expect to see KMI reach a price target of $24. The rating they have provided for KMI stocks is “Buy” according to the report published on July 19th, 2024.
Wells Fargo gave a rating of “Overweight” to KMI, setting the target price at $22 in the report published on June 04th of the current year.
KMI Trading at 2.43% 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 -2.44% of loss for the given period.
Volatility was left at 1.49%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares surge +1.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.52% upper at present.
During the last 5 trading sessions, KMI remain unchanged, which changed the moving average for the period of 200-days by +24.02% in comparison to the 20-day moving average, which settled at $21.51. In addition, Kinder Morgan Inc saw 23.53% 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 Sanders Dax, who sale 51,340 shares at the price of $21.00 back on Aug 14 ’24. After this action, Sanders Dax now owns 256,069 shares of Kinder Morgan Inc, valued at $1,078,155 using the latest closing price.
Sanders Dax, the VP (Pres., Products Pipelines) of Kinder Morgan Inc, sale 1,729 shares at $21.00 during a trade that took place back on Aug 13 ’24, which means that Sanders Dax is holding 307,409 shares at $36,309 based on the most recent closing price.
Stock Fundamentals for KMI
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.45 for the gross margin
The net margin for Kinder Morgan Inc stands at 0.16. The total capital return value is set at 0.07. Equity return is now at value 7.99, with 3.48 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 0.21. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is 2.32.
Currently, EBITDA for the company is 6.49 billion with net debt to EBITDA at 4.81. When we switch over and look at the enterprise to sales, we see a ratio of 5.2. The receivables turnover for the company is 11.89for 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 0.37.
Conclusion
To sum up, Kinder Morgan Inc (KMI) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
