Ratings for Kinder Morgan (NYSE:KMI) were provided by 12 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 1 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 0 | 2 | 0 | 0 |
| 3M Ago | 2 | 1 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $27.75, with a high estimate of $34.00 and a low estimate of $24.00. This current average has increased by 11.8% from the previous average price target of $24.82.
Analyzing Analyst Ratings: A Detailed Breakdown
An in-depth analysis of recent analyst actions unveils how financial experts perceive Kinder Morgan. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Theresa Chen | Barclays | Raises | Equal-Weight | $27.00 | $24.00 |
| Manav Gupta | UBS | Raises | Buy | $34.00 | $33.00 |
| John Mackay | Goldman Sachs | Raises | Buy | $29.00 | $26.00 |
| Manav Gupta | UBS | Raises | Buy | $33.00 | $30.00 |
| Theresa Chen | Barclays | Raises | Equal-Weight | $24.00 | $22.00 |
| Manav Gupta | UBS | Raises | Buy | $30.00 | $25.00 |
| Elvira Scotto | RBC Capital | Raises | Sector Perform | $26.00 | $24.00 |
| Jean Ann Salisbury | B of A Securities | Announces | Buy | $27.00 | - |
| Michael Blum | Wells Fargo | Raises | Overweight | $27.00 | $22.00 |
| Neal Dingmann | Truist Securities | Raises | Hold | $25.00 | $22.00 |
| Elvira Scotto | RBC Capital | Raises | Sector Perform | $24.00 | $22.00 |
| Neel Mitra | B of A Securities | Raises | Buy | $27.00 | $23.00 |
Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kinder Morgan. This information offers a snapshot of how analysts perceive the current state of the company. Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kinder Morgan compared to the broader market. Price Targets: Analysts predict movements in price targets, offering estimates for Kinder Morgan's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into Kinder Morgan's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Kinder Morgan analyst ratings.
About Kinder Morgan
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 82,000 miles in pipelines and 139 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
Understanding the Numbers: Kinder Morgan's Finances
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Decline in Revenue: Over the 3 months period, Kinder Morgan faced challenges, resulting in a decline of approximately -5.32% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Kinder Morgan's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 16.79% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Kinder Morgan's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.04%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Kinder Morgan's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.88%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 1.05, Kinder Morgan adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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Latest Ratings for KMI
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2022 | Wolfe Research | Upgrades | Underperform | Peer Perform |
| Jun 2021 | Stifel | Downgrades | Buy | Hold |
| Jun 2021 | Goldman Sachs | Downgrades | Neutral | Sell |
View More Analyst Ratings for KMI
View the Latest Analyst Ratings
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
