Kinder Morgan Inc. (NYSE:KMI) finished Thursday with a subtraction of -$0.2 to close at $17.32, a downside of -1.14 percent. An average of 21,317,359 shares of common stock have been traded in the last five days. There was a fall of -$1.01 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 16,986,414 shares traded, while the 50-day average volume stands at 15,101,480.
KMI stock has decreased by -8.31% in the last month. The company shares reached their 1-month lowest point of $17.32 on 09/22/22. With the stock rallying to its 52-week high on 06/08/22, shares of the company touched a low of $15.01 and a high of $20.20 in 52 weeks. It has reached a new high 25 times so far this year and achieved 9.21% or $1.46 in price. In spite of this, the price is down -14.26% from the 52-week high.
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29 days have passed since Kinder Morgan Inc. (KMI) last reported insider trading activity. Schlosser John W, who is V.P. (President, Terminals), most recently acquired $1,500 shares at $19.17 per share on Aug 25. In this transaction, the insider spent $28,759. V.P. (President, Terminals), Schlosser John W, disposed of 3,000 shares at a price of $18.00 on Jul 25. The insider now owns more than $54,000 worth of shares. Prior to that, VP (Pres., Products Pipelines) Sanders Dax went on to Sale 3,600 shares at $20.08 each on Jun 01. An amount of $72,279 was transacted.
Kinder Morgan Inc. (KMI) has a trailing price-to-earnings (P/E) ratio of 16.22. The stock’s beta is 0.91. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.28, the price-to-book (PB) ratio at 1.28, and the price-to-cash flow ratio at 38.27.
The company has a payout ratio of 101.90%. The company’s most recent quarterly dividend payment was $0.2775 a share, without any change from last year. Its latest increase dividend $0.0075 reported on Wednesday April 20 2022.
The quick ratio of Kinder Morgan Inc. for the three months ended June 29 was 0.40, and the current ratio was 0.50, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.93 and a total debt to equity ratio of 1.03 for the quarter ending June 29. Its gross profit as reported stood at $2.92 billion compared to revenue of $16.61 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Kinder Morgan Inc.’s return on assets was 3.50%.
For the three-month period that ended June 29, Kinder Morgan Inc. had $28.55 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $635.0 million in the quarter, while revenues were grew 219.21%. The analyst consensus anticipated Kinder Morgan Inc.’s latest quarter earnings to come in at $0.27 per share, but it turned out to be $0.27, a 0.00% surprise. For the quarter, EBITDA amounted to $1.57 billion. Shareholders own equity worth $2.25 billion.
From a technical analysis perspective, let’s take a brief look at Kinder Morgan Inc. (KMI) price momentum. RSI 9-day as of the close on 22 September was 32.99%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.23%.
As of today, KMI’s price is $17.73 -5.51% or -$1.01 from its 5-day moving average. KMI is currently trading -9.79% lower than its 20-day SMA and -4.57% lower than its 100-day SMA. However, the stock’s current price level is +4.34% above the SMA50 and +9.76% above the SMA200.
The stochastic %K and %D were 27.74% and 29.81%, respectively, and the average true range (ATR) was 0.47. With the 14-day stochastic at 0.00% and the average true range at 0.45, the RSI (14) stands at 38.04%. The stock has reached -0.47 on the 9-day MACD Oscillator while the 14-day reading was at -0.46.
Goldman upgraded Kinder Morgan Inc. (NYSE: KMI) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Sell. The consensus rating for Kinder Morgan Inc. (KMI) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell KMI, while 15 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 others rate it as a “buy”.
What is KMI’s price target for the next 12 months?
Analysts predict a range of price targets between $18.00 and $25.00, with a median target of $20.00. Taking a look at these predictions, the average price target given by analysts for Kinder Morgan Inc. (KMI) stock is $20.49.