A share price of Kinder Morgan Inc [KMI] is currently trading at $17.76, up 0.40%. 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 -2.79% over the last week, with a monthly amount glided 0.68%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kinder Morgan Inc [NYSE: KMI] stock has seen the most recent analyst activity on March 25, 2024, when Truist downgraded its rating to a Hold and also revised its price target to $20 from $22. On October 03, 2023, Pickering Energy Partners initiated with a Neutral rating. Wolfe Research upgraded its rating to a Peer Perform. Scotiabank initiated its recommendation with a Sector Perform and recommended $20 as its price target on March 02, 2023. Bernstein upgraded its rating to Outperform for this stock on March 01, 2023, and upped its price target to $22. In a note dated December 09, 2022, Citigroup initiated an Neutral rating and provided a target price of $19 on this stock.
Kinder Morgan Inc experienced fluctuations in its stock price throughout the past year between $15.89 and $18.72. Currently, Wall Street analysts expect the stock to reach $19.64 within the next 12 months. Kinder Morgan Inc [NYSE: KMI] shares were valued at $17.76 at the most recent close of the market. An investor can expect a potential return of 10.59% based on the average KMI price forecast.
Analyzing the KMI fundamentals
Trailing Twelve Months sales for Kinder Morgan Inc [NYSE:KMI] were 14.97B which represents -3.36% decline. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.06.
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 17.64 points at the first support level, and at 17.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.91, and for the 2nd resistance point, it is at 18.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kinder Morgan Inc [NYSE:KMI] is 0.35. Also, the Quick Ratio is 0.28, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 2.63, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 16.70.
Transactions by insiders
Recent insider trading involved Schlosser John W, V.P. (President, Terminals), that happened on Jan 03 ’24 when 7500.0 shares were sold. VP (Pres., Products Pipelines), Sanders Dax completed a deal on Dec 08 ’23 to sell 50000.0 shares. Meanwhile, VP and Chief Admin. Officer Mathews Denise R sold 30000.0 shares on Dec 06 ’23.
