The price of Kinder Morgan, Inc. (NYSE:KMI) over the past year has decreased -20.13% while the S&P 500 has increased 19.09%. During the past 20 days, KMI has decreased -5.20% while the broad market has increased 1.68%. KMI ‘s 20-day moving average currently sits above its 100-day moving average. This is a bullish signal that suggests the stock price might continue to rise. KMI’s average trading volume during the past 20 days is lower than the average volume over the past 100 days, which could be an indication that investors are feeling less certain than usual about the direction of KMI’s future price movements.
Recent trading patterns in the stock of Kinder Morgan, Inc. (KMI) have investors on high alert. Analysts often look at historical trading patterns to predict a stock’s future performance. In the case of KMI, the data might be telling investors a thing or two about where the stock is headed. In the most recent quarter, institutional ownership increased by a net of 39.85 million shares, or 2.88%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for KMI overall.401 holders increased their positions, 540 decreased their positions, and 134 holders held their positions.
Among institutions that increased their positions, 66 were new positions. Among holders that decreased their positions, 84 sold out of the stock Kinder Morgan, Inc.. Insider ownership during the latest quarter decreased by a net of 0 shares, indicating that KMI’s key executives are feeling more bearish about the stock than they did three months ago. Insider ownership during the last year has increased by a net of 516762 shares. 77.78% of insider trades in the last 12 months were buys, and 22.22% were sells.
Kinder Morgan, Inc. (NYSE:KMI) has a 20-day RSI of 40.94%. According to this momentum indicator, a reading between 30 and 70 suggests the stock is not especially cheap or expensive, and not on the brink of a trend reversal. The MACD tells a different story. KMI’s 9-day MACD currently sits above the 20-day MACD, indicating that the stock might be on the cusp of an uptrend. KMI’s average trading volatility during the past few weeks is 19.49% higher than the average volatility over the past 100 days. This means that the stock’s daily price swings have been more extreme in recent times compared to the past.
Analysts expect Kinder Morgan, Inc. (KMI) to generate earnings per share of $0.64 in 2017. This works out to a decrease of -3.03% compared to last year’s earnings. For comparison’s sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. The average investment rating for KMI on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.93 or a Hold. Three months ago, analysts assigned KMI a 4.07 rating, which implies that analysts have become more pessimistic about the outlook for the stock over the next year.