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Kinder Morgan (KMI) Gains But Lags Market: What You Should Know
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Kinder Morgan (KMI - Free Report) closed the most recent trading day at $20.51, moving +0.89% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.3%. Elsewhere, the Dow gained 1.41%, while the tech-heavy Nasdaq added 1.75%.
Prior to today's trading, shares of the oil and natural gas pipeline and storage company had gained 1.8% over the past month. This has outpaced the Oils-Energy sector's loss of 3.25% and the S&P 500's gain of 0.46% in that time.
KMI will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.22, up 4.76% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.52 billion, unchanged from the prior-year quarter.
KMI's full-year Zacks Consensus Estimates are calling for earnings of $0.95 per share and revenue of $14.16 billion. These results would represent year-over-year changes of +6.74% and +0.08%, respectively.
Investors should also note any recent changes to analyst estimates for KMI. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. KMI currently has a Zacks Rank of #4 (Sell).
Investors should also note KMI's current valuation metrics, including its Forward P/E ratio of 21.32. Its industry sports an average Forward P/E of 16.53, so we one might conclude that KMI is trading at a premium comparatively.
We can also see that KMI currently has a PEG ratio of 4.26. 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 currently had an average PEG ratio of 3.67 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 152, putting it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
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Kinder Morgan (KMI) Gains But Lags Market: What You Should Know
Kinder Morgan (KMI - Free Report) closed the most recent trading day at $20.51, moving +0.89% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.3%. Elsewhere, the Dow gained 1.41%, while the tech-heavy Nasdaq added 1.75%.
Prior to today's trading, shares of the oil and natural gas pipeline and storage company had gained 1.8% over the past month. This has outpaced the Oils-Energy sector's loss of 3.25% and the S&P 500's gain of 0.46% in that time.
KMI will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.22, up 4.76% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.52 billion, unchanged from the prior-year quarter.
KMI's full-year Zacks Consensus Estimates are calling for earnings of $0.95 per share and revenue of $14.16 billion. These results would represent year-over-year changes of +6.74% and +0.08%, respectively.
Investors should also note any recent changes to analyst estimates for KMI. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. KMI currently has a Zacks Rank of #4 (Sell).
Investors should also note KMI's current valuation metrics, including its Forward P/E ratio of 21.32. Its industry sports an average Forward P/E of 16.53, so we one might conclude that KMI is trading at a premium comparatively.
We can also see that KMI currently has a PEG ratio of 4.26. 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 currently had an average PEG ratio of 3.67 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 152, putting it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.