Are Analysts Chasing Kinder Morgan, Inc. (KMI) Like the Rest of Us

A handful of technical analysis tools are suggesting that Kinder Morgan, Inc. (NYSE:KMI) overall gets 96% Sell rating. The stock is also flashing a Sell from the Barchart TrendSpotter trading system. Traders hoping to speculate on the KMI’s short-term trajectory should know that short terms indicators for the stock averaged 80% Sell with an average daily trading volume over the past 20 days at 14795070 shares. KMI stock has overall a 1% Sell signal considering medium term indicators and the 50-day average daily volume remained almost 15939190 shares. It’s also worth noting that the stock, whose average daily volume over the 100 days prior to this writing was 13694481 shares, is 100% Sell on the basis of long term indicators.

The share price is currently staying around the first support level of $16.13. Below this, the next support is placed in the zone of $15.8. Till the time, the KMI stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 38.67 on daily chart, which may remain a cause for comfort. If the price breaks below $15.8 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $16.64 mark may result into a pull-back move towards $16.82 level.

Kinder Morgan, Inc. (KMI) is projected to climb by 32.69 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $26-month high price target. This represents a whopping 57.96 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $21, which represents a return potential of 27.58 percent when compared to the closing price of the stock of $16.46 on Thursday, December 06. The lowest price target for the stock is $18 — slightly more than 9.36 percent from KMI’s current share price.

Here’s a rundown of insider trading activity for sense of Kinder Morgan, Inc. (NYSE:KMI). The earliest insider trade took place on 09/27/2018. Kinder Richard D gathered a total of 500 thousand shares of company at average share price of $17.55. The total for the purchase was set at $8.78 million. After this transaction, the Executive Chairman, 10% Owner account balance stood at 246 million shares. The stock lost -6.21 percent since that insider purchase. On 07/26/2018, Smith William A, Director, purchased 5.56 thousand shares at a price per share of $18.09. This added 100.51 thousand shares to the insider’s fortune and the stock saw a -9.01 percent retreat in value since the news became public. This transaction left 34.17 thousand shares in the Director account. On 01/22/2018, Director Smith William A performed a purchase transaction worth $107.36 thousand. This purchase at $19.52 each has added 5.5 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded -15.68 percent decrease since the transaction was reported. The insider now is left with 28.61 thousand shares remaining in the account. Martin Thomas A, who performs the V.P job, bought 3 thousand shares for $51.3 thousand. The acquisition occurred on 12/05/2017 was priced at $17.1 per share. The share price plunged -3.74 percent since the reporting date. Martin Thomas A now left with a stake of 1.15 million KMI stock worth $18.88 million after the insider buying.

KMI shares dropped -0.22 points or -1.32 percent on Thursday to $16.46 with a heavy trade volume of 22.214 million shares. After opening the session at $16.44, the shares went as high as $16.49 and as low as $15.98, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $35.9 billion and now has 2.18 billion shares outstanding. Kinder Morgan, Inc. (KMI) stock has lost -4.64 percent of market value in 21 trading days.

Analysts at Credit Suisse, assumed coverage of Kinder Morgan, Inc. (NYSE:KMI) with Outperform recommendation, according to their opinion released on October 11. Bernstein analysts bumped their recommendation on KMI stock from Mkt Perform to Outperform in a separate flash note to investors on June 26. Analysts at Wells Fargo issued an upgrade from Market Perform to Outperform for the stock, in a research note that dated back to June 18.

KMI stock has a trailing 3-year beta of 0.69, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$0.57 a share in the trailing twelve months. The stock’s value has fallen -8.91 percent year to date (YTD) against a decline of -3.97 percent in 12 month’s time. The company’s shares still trade -16.99 percent away from its 1-year high of $19.83 and 12.05 percent up from 52-week low of $14.69. The average consensus rating on the company is 1.8, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.

Shares of Kinder Morgan, Inc. (KMI) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry KMI operates in has an average P/E of 58.95. Its P/E ratio went as low as 31.16X and as high as 144.14 over the 5-year span. Further, it is sporting a 2.57 on the Price-to-Sales ratio. Compare this with the industry average P/S of 2.47. 49.4 percent is the gross profit margin for Kinder Morgan, Inc. and operating margin sits at 22.4 percent. Along with this, the net profit margin is -0.3 percent.

KMI will be declaring its Q4 financial results on January 16. Analysts are forecasting revenue to climb 5.2 percent to $3.82B in the next fiscal quarter, while earnings are seen soaring by nearly 19.05 percent to $0.25 per share. History has shown that shares in Kinder Morgan, Inc. have gone up on 19 different earnings reaction days and are predicted to add 0.01 percent when the company reports upcoming earnings. In last reported earnings results, it earned $0.22 per share, better than the $0.21, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $3.52B, worse than the $3.56B analysts expected. Earnings are estimated to increase by -319.8 percent this year, 14 percent next year and continue to increase by 12 percent annually for the next 5 years.