Trade-Ideas: Kinder Morgan (KMI) Is Today's Pre-Market Leader Stock
Trade-Ideas LLC identified
(
) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Kinder Morgan as such a stock due to the following factors:
- KMI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $334.0 million.
- KMI traded 22,844 shares today in the pre-market hours as of 8:35 AM.
- KMI is up 2.1% today from yesterday's close.
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More details on KMI:
Kinder Morgan, Inc. operates as an energy infrastructure company in North America. It operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. The stock currently has a dividend yield of 2.7%. KMI has a PE ratio of 183. Currently there are 7 analysts that rate Kinder Morgan a buy, no analysts rate it a sell, and 9 rate it a hold.
The average volume for Kinder Morgan has been 16.0 million shares per day over the past 30 days. Kinder Morgan has a market cap of $40.8 billion and is part of the basic materials sector and energy industry. The stock has a beta of 0.51 and a short float of 1.8% with 1.91 days to cover. Shares are up 23.3% year-to-date as of the close of trading on Thursday.
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Analysis:
rates Kinder Morgan as a
. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity.
Highlights from the ratings report include:
- The gross profit margin for KINDER MORGAN INC is rather high; currently it is at 50.11%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 9.85% is above that of the industry average.
- Despite the weak revenue results, KMI has outperformed against the industry average of 24.0%. Since the same quarter one year prior, revenues fell by 11.2%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 51.25%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 40.00% compared to the year-earlier quarter. Although its share price is down sharply from a year ago, do not assume that it can now be tagged as cheap and attractive. The reality is that, based on its current price in relation to its earnings, KMI is still more expensive than most of the other companies in its industry.
- The debt-to-equity ratio of 1.25 is relatively high when compared with the industry average, suggesting a need for better debt level management. Along with this, the company manages to maintain a quick ratio of 0.31, which clearly demonstrates the inability to cover short-term cash needs.
- You can view the full Kinder Morgan Ratings Report.
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