Kinder Morgan Inc [KMI] stock is trading at $21.33, down -0.28%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KMI shares have gain 1.72% over the last week, with a monthly amount drifted -1.80%, and not 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 July 19, 2024, when Argus upgraded its rating to a Buy but kept the price target unchanged to $24 for it. Previously, Wells Fargo upgraded its rating to Overweight on June 04, 2024, and elevated its price target to $22. On March 25, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $20 on the stock. Pickering Energy Partners initiated its recommendation with a Neutral. Wolfe Research upgraded its rating to Peer Perform for this stock on July 12, 2023. In a note dated March 02, 2023, Scotiabank initiated an Sector Perform rating and provided a target price of $20 on this stock.
Kinder Morgan Inc [KMI] stock has fluctuated between $15.89 and $21.86 over the past year. Currently, Wall Street analysts expect the stock to reach $20.57 within the next 12 months. Kinder Morgan Inc [NYSE: KMI] shares were valued at $21.33 at the most recent close of the market. An investor can expect a potential drop of -3.56% based on the average KMI price forecast.
Analyzing the KMI fundamentals
Kinder Morgan Inc [NYSE:KMI] reported sales of 15.31B for the trailing twelve months, which represents a growth of 5.08%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.28%, 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 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.05.
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 21.22 points at the first support level, and at 21.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.43, and for the 2nd resistance point, it is at 21.53.
Ratios To Look Out For
For context, Kinder Morgan Inc’s Current Ratio is 0.37. As well, the Quick Ratio is 0.28, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 3.10, the price to book ratio is 1.56 and price to earnings (TTM) ratio is 19.48.
Transactions by insiders
Recent insider trading involved Sanders Dax, VP (Pres., Products Pipelines), that happened on Aug 14 ’24 when 51340.0 shares were sold. VP (Pres., Products Pipelines), Sanders Dax completed a deal on Aug 13 ’24 to sell 1729.0 shares. Meanwhile, Affiliate Dax Sanders bought 53069.0 shares on Aug 13 ’24.
