Kinder Morgan Inc (NYSE: KMI) on November 20, 2023, started off the session at the price of $16.96, plunging -0.12% from the previous trading day. During the day, the shares moved up to $17.09 and dropped to $16.91 before settling in for the closing price of $16.96. Within the past 52 weeks, KMI’s price has moved between $15.89 and $19.35.
A company in the Energy sector has jumped its sales by 9.70% annually for the last half of the decade. The company achieved an average annual earnings per share of -5.41%. With a float of $1.94 billion, this company’s outstanding shares have now reached $2.25 billion.
In an organization with 10525 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +28.15, operating margin of +22.63, and the pretax margin is +17.06.
Kinder Morgan Inc (KMI) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Kinder Morgan Inc is 12.82%, while institutional ownership is 63.36%. The most recent insider transaction that took place on Aug 04, was worth 969,578. In this transaction V.P. (Pres.,Nat Gas Pipelines) of this company sold 55,849 shares at a rate of $17.36, taking the stock ownership to the 0 shares. Before that another transaction happened on Jul 25, when Company’s V.P. (President, Terminals) sold 1,500 for $18.09, making the entire transaction worth $27,142. This insider now owns 10,719 shares in total.
Kinder Morgan Inc (KMI) Latest Financial update
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.24 earnings per share (EPS) for the period falling under the consensus outlook (set at $0.26) by -$0.02. This company achieved a net margin of +12.96 while generating a return on equity of 8.24. 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 -5.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.30% during the next five years compared to 157.59% growth over the previous five years of trading.
Kinder Morgan Inc (NYSE: KMI) Trading Performance Indicators
Kinder Morgan Inc (KMI) is currently performing well based on its current performance indicators. A quick ratio of 0.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.49. Likewise, its price to free cash flow for the trailing twelve months is 10.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.09, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 1.19 in one year’s time.
Technical Analysis of Kinder Morgan Inc (KMI)
Let’s dig in a bit further. During the last 5-days, its volume was 13.55 million. That was better than the volume of 13.04 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.23%. Additionally, its Average True Range was 0.29.
During the past 100 days, Kinder Morgan Inc’s (KMI) raw stochastic average was set at 43.57%, which indicates a significant decrease from 84.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.44% in the past 14 days, which was higher than the 17.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.72, while its 200-day Moving Average is $17.08. However, in the short run, Kinder Morgan Inc’s stock first resistance to watch stands at $17.05. Second resistance stands at $17.16. The third major resistance level sits at $17.23. If the price goes on to break the first support level at $16.87, it is likely to go to the next support level at $16.80. The third support level lies at $16.69 if the price breaches the second support level.
Kinder Morgan Inc (NYSE: KMI) Key Stats
Market capitalization of the company is 37.65 billion based on 2,222,774K outstanding shares. Right now, sales total 19,200 M and income totals 2,548 M. The company made 3,907 M in profit during its latest quarter, and 532,000 K in sales during its previous quarter.