A new trading day began on August 04, 2022, with Kinder Morgan Inc. (NYSE: KMI) stock priced at $17.76, down -2.86% from the previous day of trading. During the day, the shares moved up to $17.765 and dropped to $17.27 before settling in for the closing price of $17.81. KMI’s price has ranged from $15.01 to $20.20 over the past 52 weeks.
Top 5 Cheap Stocks to Own Right Now
While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.
Sign up here to get your free report now. .
Annual sales at Energy sector company grew by 4.90% over the past five years. Meanwhile, its annual earnings per share averaged -13.60%. With a float of $1.98 billion, this company’s outstanding shares have now reached $2.27 billion.
Let’s look at the performance matrix of the company that is accounted for 10529 employees. In terms of profitability, gross margin is +36.30, operating margin of +30.14, and the pretax margin is +12.66.
Kinder Morgan Inc. (KMI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Kinder Morgan Inc. is 12.50%, while institutional ownership is 62.20%. The most recent insider transaction that took place on Jul 25, was worth 54,000. In this transaction V.P. (President, Terminals) of this company sold 3,000 shares at a rate of $18.00, taking the stock ownership to the 28,719 shares. Before that another transaction happened on Jun 01, when Company’s VP (Pres., Products Pipelines) sold 3,600 for $20.08, making the entire transaction worth $72,279. This insider now owns 0 shares in total.
Kinder Morgan Inc. (KMI) Performance Highlights and Predictions
In its latest quarterly report, released on 6/29/2022, the company reported earnings of $0.27 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +10.10 while generating a return on equity of 5.69. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.64% during the next five years compared to 25.80% growth over the previous five years of trading.
Kinder Morgan Inc. (NYSE: KMI) Trading Performance Indicators
Here are Kinder Morgan Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.22. Likewise, its price to free cash flow for the trailing twelve months is 37.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.21 in one year’s time.
Technical Analysis of Kinder Morgan Inc. (KMI)
Kinder Morgan Inc. (NYSE: KMI) saw its 5-day average volume 17.33 million, a negative change from its year-to-date volume of 17.43 million. As of the previous 9 days, the stock’s Stochastic %D was 38.64%. Additionally, its Average True Range was 0.46.
During the past 100 days, Kinder Morgan Inc.’s (KMI) raw stochastic average was set at 34.46%, which indicates a significant decrease from 36.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.02% in the past 14 days, which was lower than the 28.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.81, while its 200-day Moving Average is $17.61. Nevertheless, the first resistance level for the watch stands at $17.62 in the near term. At $17.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.11. If the price goes on to break the first support level at $17.13, it is likely to go to the next support level at $16.95. Assuming the price breaks the second support level, the third support level stands at $16.63.
Kinder Morgan Inc. (NYSE: KMI) Key Stats
With a market capitalization of 39.31 billion, the company has a total of 2,253,001K Shares Outstanding. Currently, annual sales are 16,610 M while annual income is 1,784 M. The company’s previous quarter sales were 5,151 M while its latest quarter income was 635,000 K.