The price-to-earnings ratio for Kinder Morgan Inc (NYSE: KMI) is above average at 21.75x. The 36-month beta value for KMI is also noteworthy at 0.93. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 5 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
The public float for KMI is 1.94B, and at present, short sellers hold a 2.06% of that float. The average trading volume of KMI on October 22, 2024 was 13.71M shares.
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KMI) stock’s latest price update
The stock price of Kinder Morgan Inc (NYSE: KMI) has dropped by -0.84 compared to previous close of 24.95. Despite this, the company has seen a fall of -0.56% in its stock price over the last five trading days. fool.com reported 2024-10-21 that These high-yield stocks can put more cash in your pocket.
KMI’s Market Performance
KMI’s stock has fallen by -0.56% in the past week, with a monthly rise of 13.54% and a quarterly rise of 14.43%. The volatility ratio for the week is 1.98% while the volatility levels for the last 30 days are 1.94% for Kinder Morgan Inc The simple moving average for the last 20 days is 5.22% for KMI’s stock, with a simple moving average of 26.17% for the last 200 days.
Analysts’ Opinion of KMI
Many brokerage firms have already submitted their reports for KMI stocks, with BofA Securities repeating the rating for KMI by listing it as a “Buy.” The predicted price for KMI in the upcoming period, according to BofA Securities is $27 based on the research report published on October 17, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see KMI reach a price target of $27, previously predicting the price at $23. The rating they have provided for KMI stocks is “Buy” according to the report published on October 11th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to KMI, setting the target price at $24 in the report published on September 16th of the current year.
KMI Trading at 11.55% 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 -2.71% of loss for the given period.
Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares surge +11.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.70% upper at present.
During the last 5 trading sessions, KMI fell by -0.56%, which changed the moving average for the period of 200-days by +37.83% in comparison to the 20-day moving average, which settled at $23.51. In addition, Kinder Morgan Inc saw 40.25% 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 SHAPER C PARK, who proposed sale 900,000 shares at the price of $24.75 back on Oct 21 ’24. After this action, SHAPER C PARK now owns shares of Kinder Morgan Inc, valued at $22,275,000 using the latest closing price.
Sanders Dax, the VP (Pres., Products Pipelines) of Kinder Morgan Inc, sale 51,340 shares at $21.00 during a trade that took place back on Aug 14 ’24, which means that Sanders Dax is holding 256,069 shares at $1,078,155 based on the most recent closing price.
Stock Fundamentals for KMI
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.46 for the gross margin
The net margin for Kinder Morgan Inc stands at 0.17. The total capital return value is set at 0.06. Equity return is now at value 8.33, with 3.62 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 1.05. The interest coverage ratio of the stock is 3.13.
Currently, EBITDA for the company is 6.49 billion with net debt to EBITDA at 4.75. When we switch over and look at the enterprise to sales, we see a ratio of 5.72. The receivables turnover for the company is 11.99for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.
Conclusion
In summary, Kinder Morgan Inc (KMI) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
