Kinder Morgan(US:KMI) ZACKS·2024-11-21 23:51Company Performance - Kinder Morgan (KMI) closed at $28.54, reflecting a +1.93% change from the previous day, outperforming the S&P 500's daily gain of 0.53% [1] - The stock has gained 13.04% over the past month, surpassing the Oils-Energy sector's gain of 3.73% and the S&P 500's gain of 1.02% [1] Earnings Projections - The upcoming EPS for Kinder Morgan is projected at $0.33, indicating a 17.86% increase compared to the same quarter last year [2] - Revenue is estimated at $3.97 billion, reflecting a 1.7% decline from the equivalent quarter last year [2] Annual Forecast - Zacks Consensus Estimates forecast earnings of $1.17 per share and revenue of $15.15 billion for the year, showing changes of +9.35% and -1.17% respectively compared to the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for Kinder Morgan are important as they reflect short-term business trends and analysts' confidence in the company's performance [4] - Positive revisions in estimates are correlated with near-term share price momentum [5] Zacks Rank and Valuation - Kinder Morgan currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 1.12% in the past month [6] - The company is trading at a Forward P/E ratio of 23.85, which is a premium compared to the industry average of 17.31 [7] PEG Ratio - Kinder Morgan has a PEG ratio of 3.88, higher than the industry average PEG ratio of 3.22 [8] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 163, placing it in the bottom 36% of over 250 industries [9]