Analyst Ratings for Kinder Morgan Inc. (KMI)Updated: 2017-07-28
Kinder Morgan Inc. (NYSE:KMI) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, KMI was issued an average rating of Overweight.
Of the 21 analysts covering the stock, 13 gave it a buy rating, 1 gave an overweight rating, 7 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for KMI by the analysts covering the stock. The maximum price target given was 36, implying potential capital gains of 75.87 percent. The most pessimistic analyst gave a price target of 19, which equates to a potential downside of -7.18 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.12 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.25 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.52 percent. If we look at the last 90 days instead, we find a net average change of -5.1 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 5 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 4 analysts that revised their FY estimates downwards.
KMI has an estimated earnings growth rate of 111.03 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of KMI is 0.59.
In the trailing 52-weeks, KMI hit 23.36 at the highest peak, while it's lowest trading point was 18.31. Today's price is 11.8 percent above the 52-week low, and 12.37 percent below the high. KMI has a price/earnings ratio of 66.03. Investors typically compare the P/E ratio to a company's peers in the industry. The KMI value stock report compares KMI to some of its peers using value stock charts. The stock has a market capitalization of $45.41 billion. KMI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.