Kinder Morgan (KMI) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Overview - Kinder Morgan's stock closed at $17.26, reflecting a -0.92% change from the previous trading day, underperforming the S&P 500's 2.11% gain [1] - Over the past month, Kinder Morgan's shares have increased by 3.14%, while the Oils-Energy sector gained 6.4% and the S&P 500 rose by 3.08% [1] Earnings Projections - The upcoming earnings release is anticipated, with projected earnings per share (EPS) of$ 0.32, indicating a 6.67% increase year-over-year [1] - Revenue is expected to reach $4.26 billion, reflecting a 9.62% growth compared to the same quarter last year [1] - For the full year, analysts expect earnings of$ 1.19 per share and revenue of $16.8 billion, marking changes of +11.21% and +9.54% respectively from the previous year [2] Analyst Sentiment - Recent changes in analyst estimates are crucial, as upward revisions indicate positive sentiment towards Kinder Morgan's business operations [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Kinder Morgan at 3 (Hold) [3] Valuation Metrics - Kinder Morgan has a Forward P/E ratio of 14.6, which is a premium compared to the industry average of 14.01 [3] - The company also has a PEG ratio of 4.87, aligning with the industry average [3] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 87, placing it in the top 35% of all industries [4] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [4]