Kinder Morgan Inc (KMI) At $21.07 Offering A Unique Opportunity

Kinder Morgan Inc (NYSE:KMI) currently has a daily average trading volume of 14.22M but it saw 11886405 shares traded in last market. With a market cap of 46.83B USD, the company’s current market price of $21.07 came falling about -0.28 while comparing to the previous closing price of $21.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.86 and as low as $15.89.

Taking a look at 20-day trading activity of Kinder Morgan Inc (KMI) gives us an average price of $20.79, while its current price level is -3.61% below from 52-week high level whereas it is 32.60% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $20.10 while that of 200 days or SMA-200 reads an average of $18.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.82% during that period while stretching the period over a month that decreases to 1.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.41 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Argus which upgraded the stock as “Buy” in its note to investors issued on July 19, 2024, recommending a price target of $24 for it. Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on June 04, 2024 while assigning a price target range of $18-$22. Truist issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $22 and $20.

Year-to-date it is 19.44% up and over the past year, the stock is showing an upside performance of 19.99%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.24 beaten by the consensus estimate of 0.26 for the same. In next quarter, company is expected to be making quarterly sales of $4.33B as analysts are expecting the sales for current fiscal year at $16.16B and seeing the company making $17.36B in sales next year. Moreover, analysts are in estimates of $4.3B for current-quarter revenue.

Currently, Kinder Morgan Inc’s total number of outstanding shares is 2.22B. Company’s return on investment (ROI) stands at 4.12% and return on equity (ROE) at 7.99%. It has a price to earnings ratio (P/E ratio) of 19.24 while having a 16.76 of forward P/E ratio. Stock’s beta reads 0.92. Stock has a price to book (P/B) ratio of 1.54 while price to sale or P/S ratio amounts to 3.06. Its return on asset (ROA) is 3.48% on average.