Analyst Changes Projections on Target Price: Kinder Morgan Inc (NYSE:KMI)

Kinder Morgan Inc (NYSE:KMI) shares traded 0.05% during the most recent session the stock exchanged hands 10.32M shares versus average trading capacity of 11.39M shares, yielding a market cap of $46.08B. Wall Street analysts covering the stock are projecting that the stock will reach $25.70 within the next 52-weeks. The mean target projections are based on 20 opinions, the mean target was last revised on 04/28/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Kinder Morgan Inc (NYSE:KMI) high price target of $36 and with a conservative view have low price target of $21 with a standard deviation of $2.23. If seeing target price from optimistic overview then it has a 75 percent upside potential from the latest closing price of $20.63.

Kinder Morgan Inc (NYSE:KMI) received “Initiated” rating by Macquarie in a research note issued to investors on Apr-21-17 as Neutral.

Additionally on Oct-24-16 Kinder Morgan Inc (NYSE:KMI) was “Upgraded” by Raymond James from Outperform to Strong Buy and on Oct-20-16 the stock was “Upgraded” by Stifel from Hold to Buy at $24. Furthermore on Oct-20-16 the stock was “Upgraded” by Credit Suisse from Neutral to Outperform.

On the other hand the company has Relative Strength Index (RSI 14) of 40.97 along with Average True Range (ATR 14) of 0.37, Consequently Kinder Morgan Inc (NYSE:KMI) weekly and monthly volatility is 1.67%, 1.72% respectively. The company’s beta value is at 0.59.

In terms of Buy, Sell or Hold recommendations, Kinder Morgan Inc (NYSE:KMI) has an analysts’ mean recommendation of 2.00. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Kinder Morgan Inc (NYSE:KMI) will report earnings of $0.16 for the current quarter, however the company’s high EPS estimates are $0.19 and low estimates are $0.13. However the company reported  $0.15 earnings per share for the same quarter during last year.

Previously Kinder Morgan Inc (NYSE:KMI) reported $0.17 earnings per share (EPS) for the quarter on 4/19/2017 After Market Close, missing the consensus estimate of $0.18 by -$0.01. The company posted an earnings surprise of -5.56%.

While considering growth estimates of the company, it has next quarter growth estimates of 6.70% whereas during current quarter it has 6.70% estimations over growth, comparing to the estimations of 3.00% during current year and 14.70% for next year. Past 5 years growth of Kinder Morgan Inc (NYSE:KMI) observed at 0.41%, looking forward for the next 5 years it has a strong prediction of 10.00% over growth.

Kinder Morgan Inc (NYSE:KMI) revenue estimates for the current quarter are $3.22B according to 10 number of analysts, for the current quarter the company has high revenue estimates of $4.09B in contradiction of low revenue estimates of $2.91B. For the current year the company’s revenue estimates are $13.7B compared to low analyst estimates of $12.7B and high estimates of $16.25B according 15 number of analysts.

Currently Kinder Morgan Inc (NYSE:KMI) shares owned by insiders are 1.30%, whereas shares owned by institutional owners are 58.50%. However the six-month change in the insider ownership was recorded 0.00%, as well as three-month change in the institutional ownership was recorded 0.20%.

Kinder Morgan Inc (NYSE:KMI) trading -10.12% away from its 52 week high of $22.95 and +27.04% far from the stock’s low point over the past 52 weeks, which was $16.24. The stock hit its 52-week high on 10/03/16, and 52-week low on 05/09/16. The company’s trailing twelve month income is 552.00M dollars and is paying 2.42% dividend yield annually.

Kinder Morgan Inc (NYSE:KMI) trailing twelve month revenues are $13.06B, whereas its price to sales ratio for the same period is 3.57. Its book value per share for the most recent quarter is $15.54 while its price to book ratio for the same period is 1.33, as for as the company’s cash per share for the most recent quarter is $0.18, however its price to cash per share ratio for the same period is 117.76. The stock has a current PEG ratio of 8.32 where as its trailing twelve month P/E ratio is 83.19.

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