In the latest trading session, Kinder Morgan (KMI - Free Report) closed at $19.19, marking a +0.1% move from the previous day. This move outpaced the S&P 500's daily loss of 0.35%. At the same time, the Dow lost 0.4%, and the tech-heavy Nasdaq lost 0.39%.
Coming into today, shares of the oil and natural gas pipeline and storage company had gained 11.19% in the past month. In that same time, the Oils-Energy sector gained 4.54%, while the S&P 500 gained 4.48%.
Investors will be hoping for strength from KMI as it approaches its next earnings release. In that report, analysts expect KMI to post earnings of $0.25 per share. This would mark year-over-year growth of 13.64%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.60 billion, up 5.32% from the year-ago period.
KMI's full-year Zacks Consensus Estimates are calling for earnings of $1 per share and revenue of $15.15 billion. These results would represent year-over-year changes of +12.36% and +7.09%, respectively.
Any recent changes to analyst estimates for KMI should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.63% higher within the past month. KMI currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, KMI is holding a Forward P/E ratio of 19.27. This represents a premium compared to its industry's average Forward P/E of 17.84.
Meanwhile, KMI's PEG ratio is currently 2.57. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Oil and Gas - Production and Pipelines was holding an average PEG ratio of 2.78 at yesterday's closing price.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.