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Kinder Morgan (KMI) Advances While Market Declines: Some Information for Investors
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Kinder Morgan (KMI - Free Report) ended the recent trading session at $32.25, demonstrating a +1.35% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.47% for the day. Meanwhile, the Dow experienced a rise of 0.1%, and the technology-dominated Nasdaq saw a decrease of 1.25%.
The oil and natural gas pipeline and storage company's stock has climbed by 1.31% in the past month, falling short of the Oils-Energy sector's gain of 1.58% and outpacing the S&P 500's gain of 1.15%.
The upcoming earnings release of Kinder Morgan will be of great interest to investors. The company is predicted to post an EPS of $0.33, indicating a 13.79% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $4.38 billion, showing a 5.73% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.56 per share and a revenue of $18.34 billion, demonstrating changes of +20% and +8.26%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Kinder Morgan. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.57% higher. Currently, Kinder Morgan is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Kinder Morgan is holding a Forward P/E ratio of 20.46. This valuation marks a premium compared to its industry average Forward P/E of 18.04.
Meanwhile, KMI's PEG ratio is currently 2.24. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Production and Pipelines industry had an average PEG ratio of 1.84 as trading concluded yesterday.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 39, positioning it in the top 16% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Kinder Morgan (KMI) Advances While Market Declines: Some Information for Investors
Kinder Morgan (KMI - Free Report) ended the recent trading session at $32.25, demonstrating a +1.35% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.47% for the day. Meanwhile, the Dow experienced a rise of 0.1%, and the technology-dominated Nasdaq saw a decrease of 1.25%.
The oil and natural gas pipeline and storage company's stock has climbed by 1.31% in the past month, falling short of the Oils-Energy sector's gain of 1.58% and outpacing the S&P 500's gain of 1.15%.
The upcoming earnings release of Kinder Morgan will be of great interest to investors. The company is predicted to post an EPS of $0.33, indicating a 13.79% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $4.38 billion, showing a 5.73% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.56 per share and a revenue of $18.34 billion, demonstrating changes of +20% and +8.26%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Kinder Morgan. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.57% higher. Currently, Kinder Morgan is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Kinder Morgan is holding a Forward P/E ratio of 20.46. This valuation marks a premium compared to its industry average Forward P/E of 18.04.
Meanwhile, KMI's PEG ratio is currently 2.24. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Oil and Gas - Production and Pipelines industry had an average PEG ratio of 1.84 as trading concluded yesterday.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 39, positioning it in the top 16% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.