Kinder Morgan (KMI) Suffers a Larger Drop Than the General Market: Key Insights

Company Performance - Kinder Morgan (KMI) closed at $26.59, reflecting a -1.12% change from the previous session, underperforming the S&P 500's daily loss of 0.43% [1] - Over the past month, KMI shares have declined by 12.64%, significantly lagging behind the Oils-Energy sector's loss of 3.14% and the S&P 500's gain of 2.6% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with predictions of an EPS of$ 0.32, indicating a 5.88% decline compared to the same quarter last year [2] - Revenue is expected to reach $3.99 billion, representing a 3.89% increase from the same quarter last year [2] Full-Year Estimates - Full-year Zacks Consensus Estimates project earnings of$ 1.25 per share and revenue of $15.94 billion, reflecting year-over-year changes of +8.7% and +5.58%, respectively [3] Analyst Forecasts - Recent revisions to analyst forecasts are crucial, as they reflect near-term business trends and can indicate analysts' positivity towards the company's operations [4] - Changes in estimates are directly related to stock price performance, and investors can utilize the Zacks Rank for actionable insights [5] Zacks Rank and Valuation - Kinder Morgan currently holds a Zacks Rank of 3 (Hold), with a recent consensus EPS projection moving 3.22% lower [6] - The company has a Forward P/E ratio of 21.48, which is a premium compared to the industry average of 15.39, and a PEG ratio of 3.12, above the industry average of 2.78 [7] Industry Context - The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector, holding a Zacks Industry Rank of 164, placing it in the bottom 35% of over 250 industries [8]