Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $54.88 in the prior trading day, Kinetik Holdings Inc (NYSE: KNTK) closed at $53.88, down -1.82%. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 1.39 million shares were traded.
Ratios:
Our goal is to gain a better understanding of KNTK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2356.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.53. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on January 10, 2025, initiated with a Sector Outperform rating and assigned the stock a target price of $64.
On April 22, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $40.Barclays initiated its Equal Weight rating on April 22, 2024, with a $40 target price.
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 Mar 04 ’25 when ISQ Global Fund II GP LLC bought 3,952,431 shares for $56.91 per share.
Wall Matthew sold 5,750 shares of KNTK for $228,965 on Mar 28 ’24. The insider now owns 530,066 shares after completing the transaction at $39.82 per share. On Mar 28 ’24, another insider, Carpenter Todd, who serves as the insider of the company, sold 2,500 shares for $39.82 each. As a result, the insider received 99,550 and left with 271,162 shares of the company.
Valuation Measures:
As of this moment, Kinetik’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.04, and their Forward P/E ratio for the next fiscal year is 22.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.54.
Stock Price History:
Over the past 52 weeks, KNTK has reached a high of $67.60, while it has fallen to a 52-week low of $34.27. The 50-Day Moving Average of the stock is -11.10%, while the 200-Day Moving Average is calculated to be 7.58%.
Shares Statistics:
A total of 59.93M shares are outstanding, with a floating share count of 33.73M. Insiders hold about 43.85% of the company’s shares, while institutions hold 60.16% stake in the company.
