Somewhat Positive Press Coverage Somewhat Unlikely to Affect Kinder Morgan (NYSE:KMI) Share Price

Headlines about Kinder Morgan (NYSE:KMI) have been trending somewhat positive on Friday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kinder Morgan earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news articles about the pipeline company an impact score of 47.0014115216169 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

KMI has been the topic of a number of recent research reports. Credit Suisse Group initiated coverage on Kinder Morgan in a research note on Thursday, January 4th. They issued an “outperform” rating and a $23.00 target price on the stock. Zacks Investment Research downgraded Kinder Morgan from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Wells Fargo restated a “market perform” rating on shares of Kinder Morgan in a report on Thursday, January 11th. Bank of America assumed coverage on Kinder Morgan in a report on Tuesday, January 9th. They issued a “neutral” rating for the company. Finally, Argus upgraded Kinder Morgan from a “hold” rating to a “buy” rating in a report on Monday, January 29th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $22.37.

NYSE KMI opened at $15.38 on Friday. Kinder Morgan has a 12 month low of $14.69 and a 12 month high of $21.85. The company has a current ratio of 0.44, a quick ratio of 0.37 and a debt-to-equity ratio of 1.00. The company has a market cap of $33,443.97, a P/E ratio of 23.48, a P/E/G ratio of 1.54 and a beta of 0.64.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, January 17th. The pipeline company reported $0.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.03. The business had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.52 billion. Kinder Morgan had a net margin of 1.34% and a return on equity of 4.38%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the business earned $0.08 earnings per share. sell-side analysts predict that Kinder Morgan will post 0.86 EPS for the current fiscal year.

In other Kinder Morgan news, Director William A. Smith bought 5,500 shares of Kinder Morgan stock in a transaction that occurred on Monday, January 22nd. The stock was purchased at an average cost of $19.52 per share, for a total transaction of $107,360.00. Following the completion of the acquisition, the director now owns 14,587 shares of the company’s stock, valued at approximately $284,738.24. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 13.99% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect Kinder Morgan (NYSE:KMI) Share Price” was first posted by BBNS and is the property of of BBNS. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this piece of content can be accessed at https://baseballnewssource.com/2018/04/06/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-kinder-morgan-kmi-stock-price/2031014.html.

About Kinder Morgan

Kinder Morgan, Inc is an energy infrastructure company. It operates through five segments. Its Natural Gas Pipelines segment is engaged in the ownership and operation of interstate and intrastate natural gas pipeline and storage systems, and liquefied natural gas facilities, among others. Its CO2 segment is engaged in the production, transportation and marketing of carbon dioxide (CO2) to oil fields and the ownership and operation of a crude oil pipeline system, among others.

Insider Buying and Selling by Quarter for Kinder Morgan (NYSE:KMI)

Receive News & Ratings for Kinder Morgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand
Yankees Former Ace Ron Guidry Says Luis Severino Will Break His Records
Yankees Former Ace Ron Guidry Says Luis Severino Will Break His Records
Ruptured Biceps Tendon Ends Miguel Cabrera’s Season
Ruptured Biceps Tendon Ends Miguel Cabrera’s Season
Dodgers Getting Big Unexpected Lift from Three Players
Dodgers Getting Big Unexpected Lift from Three Players
What does legal betting mean for the baseball industry?
What does legal betting mean for the baseball industry?
Dodgers Use Nine Pitchers in Nine-Inning Game
Dodgers Use Nine Pitchers in Nine-Inning Game


Leave a Reply

 
© 2006-2018 BBNS.