Kinder Morgan (KMI - Free Report) closed the most recent trading day at $20.05, moving +0.05% from the previous trading session. This change outpaced the S&P 500's 0% on the day. Elsewhere, the Dow lost 0.3%, while the tech-heavy Nasdaq added 0.25%.
Coming into today, shares of the oil and natural gas pipeline and storage company had gained 0.96% in the past month. In that same time, the Oils-Energy sector gained 1.74%, while the S&P 500 gained 2.36%.
KMI will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.25, up 13.64% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $3.60 billion, up 5.32% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.01 per share and revenue of $15.15 billion. These totals would mark changes of +13.48% and +7.09%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for KMI. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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. Over the past month, the Zacks Consensus EPS estimate has moved 1.1% lower. KMI currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that KMI has a Forward P/E ratio of 19.79 right now. For comparison, its industry has an average Forward P/E of 16.88, which means KMI is trading at a premium to the group.
Meanwhile, KMI's PEG ratio is currently 2.64. 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. KMI's industry had an average PEG ratio of 2.5 as of yesterday's close.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 170, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.