A share price of Kinder Morgan Inc [KMI] is currently trading at $22.09, down -0.59%. 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 gain 2.22% over the last week, with a monthly amount glided 3.13%, 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 September 16, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight but kept the price target unchanged to $24 for it. Previously, Argus upgraded its rating to Buy on July 19, 2024, and kept the price target unchanged to $24. On June 04, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $22 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $20 on March 25, 2024. In a note dated July 12, 2023, Wolfe Research upgraded an Peer Perform rating on this stock.
Kinder Morgan Inc experienced fluctuations in its stock price throughout the past year between $15.89 and $22.33. 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 $22.09 at the most recent close of the market. An investor can expect a potential drop of -6.88% based on the average KMI price forecast.
Analyzing the KMI fundamentals
Trailing Twelve Months sales for Kinder Morgan Inc [NYSE:KMI] were 15.31B which represents 5.08% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.05.
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 22.00 points at the first support level, and at 21.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.23, and for the 2nd resistance point, it is at 22.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kinder Morgan Inc [NYSE:KMI] is 0.37. Also, the Quick Ratio is 0.28, while the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 3.21, the price to book ratio is 1.62 and price to earnings (TTM) ratio is 20.18.
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.
