Forecasting The Future: 10 Analyst Projections For Kinder Morgan

Kinder Morgan KMI underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 1 5 0 0
Last 30D 0 0 1 0 0
1M Ago 0 1 2 0 0
2M Ago 2 0 0 0 0
3M Ago 2 0 2 0 0

Analysts have recently evaluated Kinder Morgan and provided 12-month price targets. The average target is $29.0, accompanied by a high estimate of $34.00 and a low estimate of $24.00. This upward trend is apparent, with the current average reflecting a 9.68% increase from the previous average price target of $26.44.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

The analysis of recent analyst actions sheds light on the perception of Kinder Morgan by financial experts. The following summary presents 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 $31.00 $27.00
Brandon Bingham Scotiabank Announces Sector Perform $26.00 -
Michael Blum Wells Fargo Raises Overweight $30.00 $27.00
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

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kinder Morgan. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kinder Morgan compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Kinder Morgan's stock. This analysis reveals shifts in analysts' expectations over time.

Capture valuable insights into Kinder Morgan's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Kinder Morgan analyst ratings.

Delving into Kinder Morgan's Background

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.

Kinder Morgan: Financial Performance Dissected

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Negative Revenue Trend: Examining Kinder Morgan's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -5.32% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 16.79%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Kinder Morgan's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.04%, the company may face hurdles in generating optimal 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: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.05.

Understanding the Relevance of Analyst Ratings

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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