Where Have All the Kinder Morgan, Inc. (KMI) Bears Gone?

Kinder Morgan, Inc. (KMI) will probably climb 25.19 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $25-month high price target. This represents a whopping 46.11 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 22.74 percent when compared to the closing price of the stock of $17.11 on Friday, January 11. The lowest price target for the stock is $17 — slightly more than -0.64 percent from KMI’s current share price.

The stock is currently hovering around the first support level of $16.91. Below this, the next support is placed in the zone of $16.7. Till the time, the KMI stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 59.78 on daily chart, which may remain a cause for concern. If the price breaks below $16.7 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $17.36 mark may result into a pull-back move towards $17.6 level.

On 11th of January, Kinder Morgan, Inc. (NYSE:KMI) shares ended lower after a volatile session. The shares dropped -0.25 points or -1.44 percent at $17.11 with a heavy trade volume of 25.969 million shares. After opening the session at $17.21, the shares went as high as $17.4 and as low as $16.95, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $38.3 billion and now has 2.24 billion shares outstanding. Kinder Morgan, Inc. (KMI) stock has gained 6.14 percent of market value in 21 trading days.

KMI stock has a trailing 3-year beta of 0.78, 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 surged 11.25 percent year to date (YTD) against a decline of -9.37 percent in 12 month’s time. The company’s shares still trade -13.72 percent away from its 1-year high of $19.83 and 17.03 percent up from 52-week low of $14.62. 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 62.3 times earnings reported for the past 12 months. The industry KMI operates in has an average P/E of 45.29. 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 2.74 on the Price-to-Sales ratio. Compare this with the industry average P/S of 3.09. 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.

Let’s take a look at some insider activity at Kinder Morgan, Inc. (NYSE:KMI) and see the pattern. 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 -2.51 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 -5.42 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 -12.35 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 soared 0.06 percent since the reporting date. Martin Thomas A now left with a stake of 1.15 million KMI stock worth $19.63 million after the insider buying.