Kinder Morgan Inc. (NYSE: KMI) has reported E.P.S. of $0.27 for its fourth fiscal quarter (ending December 31) versus $0.30 for the same period a year ago — a decline of -10%. Relative to the consensus estimate of $0.30, this was a shortfall of $-0.03. For the latest four quarters through December 31, E.P.S. were $1.06 compared to $1.12 a year ago — a decline of -5%.
Recent Price Action
Kinder Morgan Inc. (NYSE: KMI) stock closed at $17.56 on 1/17/24 after a modest decline of -1.5%. This decline was accompanied by normal trading volume. The stock has declined -3.0% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
KMI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Kinder Morgan has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kinder Morgan has a good Appreciation Score of 70 and a good Power Rating of 73, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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