Currently, Kinder Morgan Inc. [KMI] is trading at $16.55, down -0.18%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KMI shares have lost -3.44% over the last week, with a monthly amount drifted -9.61%, and not seem to be holding up well over a long-time horizon.
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On 14, March 2023, Xage Security selected by Kinder Morgan to Cyber-Harden Critical Infrastructure. In a post published today on Yahoo Finance, Xage Security teams up with one of the largest North American energy infrastructure companies to support cybersecurity resilience and digital transformation initiatives.
From an analyst’s perspective:
Kinder Morgan Inc. [NYSE: KMI] stock has seen the most recent analyst activity on March 02, 2023, when Scotiabank initiated its Sector Perform rating and assigned the stock a price target of $20. Previously, Bernstein upgraded its rating to Outperform on March 01, 2023, and elevated its price target to $22. On December 09, 2022, Citigroup initiated with a Neutral rating and assigned a price target of $19 on the stock. Goldman upgraded its rating to a Neutral but stick to its price target of $19 on September 08, 2022. Wells Fargo upgraded its rating to Equal Weight for this stock on April 28, 2022, but kept the price target unchanged to $21. In a note dated April 11, 2022, Wolfe Research downgraded an Underperform rating on this stock but restated the target price of $18.
This stock has fluctuated between a low of $15.77 and a high of $20.20 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $20.35 within the next 12 months. Kinder Morgan Inc. [NYSE: KMI] shares were valued at $16.55 at the most recent close of the market. An investor can expect a potential return of 22.96% based on the average KMI price forecast.
Analyzing the KMI fundamentals
Gross Margin for this corporation currently stands at +28.15% with Operating Margin at +22.63%, Pretax Margin comes in at +17.06%, and Net Margin reading is +12.96%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.30 points at the first support level, and at 16.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.67, and for the 2nd resistance point, it is at 16.80.
Kinder Morgan Inc. [KMI] reported earnings per share of $0.31 for its fiscal quarter that ended on 12/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.3/share, meaning a difference of $0.01 and a surprise factor of 3.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2022 were $0.25 per share as compared to estimates of $0.29 per share, a difference of -$0.04 representing a surprise of -13.80%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kinder Morgan Inc. [NYSE:KMI] is 0.50. Also, the Quick Ratio is 0.46, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 2.09, the price to book ratio is 1.32 and the P/E (TTM) ratio is 14.75.
Transactions by insiders
We now turn our attention to insider trading, which in the past 3 months has resulted in 4 insider buyings of 415,378 shares and 4 insider sellings of 175,269 shares. Recent insider trading involved ASHLEY ANTHONY B, VP (President, CO2 and ETV), that happened on Feb 15 when 13232.0 shares were sold. V.P. (President, Terminals), Schlosser John W completed a deal on Jan 25 to sell 1500.0 shares. Meanwhile, V.P. (President, Terminals) Schlosser John W sold 1500.0 shares on Dec 27.