At the time of writing, Kinder Morgan Inc [KMI] stock is trading at $23.62, up 1.16%. An important factor to consider is whether the stock is rising or falling in short-term value. The KMI shares have gain 8.40% over the last week, with a monthly amount glided 9.96%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
For the past year, the stock price of Kinder Morgan Inc fluctuated between $15.89 and $23.42. 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 $23.62 at the most recent close of the market. An investor can expect a potential drop of -12.91% based on the average KMI price forecast.
Analyzing the KMI fundamentals
According to Kinder Morgan Inc [NYSE:KMI], the company’s sales were 15.31B for trailing twelve months, which represents an 5.08% jump. 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 23.39 points at the first support level, and at 23.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.75, and for the 2nd resistance point, it is at 23.88.
Ratios To Look Out For
It is important to note that Kinder Morgan Inc [NYSE:KMI] has a current ratio of 0.37. On the other hand, the Quick Ratio is 0.28, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 3.43, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 21.57.
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.
