Closing Figures Unveiled: Kinder Morgan Inc (KMI) Drop -0.29, Closes at 20.97

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Kinder Morgan Inc (NYSE: KMI) closed the day trading at $20.97 down -0.29% from the previous closing price of $21.03. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 10.64 million shares were traded. KMI stock price reached its highest trading level at $21.1 during the session, while it also had its lowest trading level at $20.84.

Ratios:

For a better understanding of KMI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 375.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.28 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 0.94.

On June 04, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $18 to $22.

Truist Downgraded its Buy to Hold on March 25, 2024, whereas the target price for the stock was revised from $22 to $20.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 14 ’24 when Sanders Dax sold 51,340 shares for $21.00 per share. The transaction valued at 1,078,155 led to the insider holds 256,069 shares of the business.

Sanders Dax sold 1,729 shares of KMI for $36,309 on Aug 13 ’24. The VP (Pres., Products Pipelines) now owns 307,409 shares after completing the transaction at $21.00 per share. On Aug 13 ’24, another insider, Dax Sanders, who serves as the Affiliate of the company, bought 53,069 shares for $20.88 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KMI now has a Market Capitalization of 46542077952 and an Enterprise Value of 79796133888. As of this moment, Kinder’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.15, and their Forward P/E ratio for the next fiscal year is 16.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 5.195 whereas that against EBITDA is 12.349.

Stock Price History:

Over the past 52 weeks, KMI has reached a high of $21.86, while it has fallen to a 52-week low of $15.89. The 50-Day Moving Average of the stock is 2.36%, while the 200-Day Moving Average is calculated to be 13.22%.

Shares Statistics:

Over the past 3-months, KMI traded about 14.28M shares per day on average, while over the past 10 days, KMI traded about 10067600 shares per day. A total of 2.22B shares are outstanding, with a floating share count of 1.94B. Insiders hold about 12.88% of the company’s shares, while institutions hold 66.86% stake in the company. Shares short for KMI as of 1722384000 were 42962245 with a Short Ratio of 3.01, compared to 1719532800 on 46222187. Therefore, it implies a Short% of Shares Outstanding of 42962245 and a Short% of Float of 2.22.

Dividends & Splits

KMI’s forward annual dividend rate is 1.14, up from 1.14 a year ago. Against a Trailing Annual Dividend Yield of 0.05420827The stock’s 5-year Average Dividend Yield is 6.29.

Earnings Estimates

Investors are eagerly awaiting the insights provided by 12.0 analysts currently analyzing and rating the stock of Kinder Morgan Inc (KMI).The consensus estimate for the next quarter is $0.34, with high estimates of $0.38 and low estimates of $0.3.

Analysts are recommending an EPS of between $1.33 and $1.15 for the fiscal current year, implying an average EPS of $1.21. EPS for the following year is $1.26, with 14.0 analysts recommending between $1.37 and $1.1.

Revenue Estimates

5 analysts predict $4.3B in revenue for the current quarter. It ranges from a high estimate of $5.6B to a low estimate of $3.76B. As of the current estimate, Kinder Morgan Inc’s year-ago sales were $4.71BFor the next quarter, 5 analysts are estimating revenue of $4.33B. There is a high estimate of $4.94B for the next quarter, whereas the lowest estimate is $3.93B.

A total of 8 analysts have provided revenue estimates for KMI’s current fiscal year. The highest revenue estimate was $17.96B, while the lowest revenue estimate was $15.26B, resulting in an average revenue estimate of $16.05B. In the same quarter a year ago, actual revenue was $15.16BBased on 8 analysts’ estimates, the company’s revenue will be $17.19B in the next fiscal year. The high estimate is $21.21B and the low estimate is $15.54B.

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