A new trading day began on Monday, with Kinder Morgan Inc (NYSE: KMI) stock price down -2.94% from the previous day of trading, before settling in for the closing price of $28.27. KMI’s price has ranged from $16.47 to $28.81 over the past 52 weeks.
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Annual sales at Energy sector company grew by 4.24% over the past five years. Meanwhile, its annual earnings per share averaged 9.85%. With a float of $1.94 billion, this company’s outstanding shares have now reached $2.22 billion.
Let’s look at the performance matrix of the company that is accounted for 10891 employees. In terms of profitability, gross margin is 46.26%, operating margin of 28.66%, and the pretax margin is 22.02%.
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 12.77%, while institutional ownership is 66.35%. The most recent insider transaction that took place on Nov 06 ’24, was worth 502,530. In this transaction President of this company sold 19,121 shares at a rate of $26.28, taking the stock ownership to the 897,652 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Director bought 2,241 for $24.89, making the entire transaction worth $55,790. This insider now owns 23,995 shares in total.
Kinder Morgan Inc (KMI) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.28 per share, which was $0.1 lower 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.39% during the next five years compared to 9.87% 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 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.04. Likewise, its price to free cash flow for the trailing twelve months is 15.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.14, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.25 in one year’s time.
Technical Analysis of Kinder Morgan Inc (KMI)
Kinder Morgan Inc (NYSE: KMI) saw its 5-day average volume 12.31 million, a negative change from its year-to-date volume of 13.85 million. As of the previous 9 days, the stock’s Stochastic %D was 45.19%. Additionally, its Average True Range was 0.54.
During the past 100 days, Kinder Morgan Inc’s (KMI) raw stochastic average was set at 84.99%, which indicates a significant increase from 36.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.96% in the past 14 days, which was higher than the 22.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.19, while its 200-day Moving Average is $20.95. Nevertheless, the first resistance level for the watch stands at $28.03 in the near term. At $28.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.96. If the price goes on to break the first support level at $27.10, it is likely to go to the next support level at $26.75. Assuming the price breaks the second support level, the third support level stands at $26.17.
Kinder Morgan Inc (NYSE: KMI) Key Stats
With a market capitalization of 60.96 billion, the company has a total of 2,221,640K Shares Outstanding. Currently, annual sales are 15,334 M while annual income is 2,391 M. The company’s previous quarter sales were 3,699 M while its latest quarter income was 625,000 K.
