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.