The shares of Kinder Morgan, Inc. (NYSE:KMI) has been pegged with a rating of Outperform by Raymond James in its latest research note that was published on April 16th, 2019. Raymond James wasn’t the only research firm that published a report of Kinder Morgan, Inc., with other equities research analysts also giving their opinion on the stock. Jefferies advised investors in its research note published on April 1st, 2019, to Hold the KMI stock while also putting a $20 price target. The stock had earned Neutral rating from Citigroup when it published its report on March 27th, 2019. That day the Citigroup set price target on the stock to $20. The stock was given Neutral rating by JP Morgan in its report released on March 22nd, 2019, the day when the price target on the stock was placed at $22. Jefferies was of a view that KMI is Buy in its latest report on December 20th, 2018. Credit Suisse thinks that KMI is worth Outperform rating. This was contained in the firm’s report on October 11th, 2018.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 7 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $21.63. The price of the stock the last time has raised by 37.76% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 58.88.
The shares of the company added by 1.05% during the trading session on Wednesday, reaching a low of $19.91 while ending the day at $20.14. During the trading session, a total of 11.51 million shares were traded which represents a 21.93% incline from the average session volume which is 14.74M shares. KMI had ended its last session trading at 19.93. Kinder Morgan, Inc. currently has a market cap of $45.66B, while its P/E ratio stands at 29.06, while its P/E earnings growth sits at 3.23, with a beta of 0.91. Kinder Morgan, Inc. debt-to-equity ratio currently stands at 1.07, while its quick ratio hovers at 0.40. KMI 52-week low price stands at $14.62 while its 52-week high price is $20.44.
The company in its last quarterly report recorded $0.25 earnings per share which is above the $0.24 predicted by most analysts. The Kinder Morgan, Inc. generated $3,429.00 million in revenue during the last quarter, which is slightly lower than the $3,672.19 million predicted by analysts. In the second quarter last year, the firm recorded $0.25 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by 0%. Kinder Morgan, Inc. has the potential to record 0.69 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Argus published a research note on May 10th, 2019 where it informed investors and clients that Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is now rated as Hold. Jefferies also rated CTSH as Downgrade on April 1st, 2019, with its price target of $20 suggesting that CTSH could surge by 16.19% from its current share price. Even though the stock has been trading at $57.75/share, analysts expect it to surge higher by 1.47% to reach $69.92/share. It started the day trading at $58.77 and traded between $57.43 and $58.60 throughout the trading session.
A look at its technical shows that CTSH’s 50-day SMA is 69.91 while its 200-day SMA stands at 71.17. The stock has a high of $83.35 for the year while the low is $56.73. The company’s P/E ratio currently sits at 16.87, while the P/B ratio is 3.02. At the moment, only of Cognizant Technology Solutions Corporation shares were sold short. The company’s average trading volume currently stands at 4.78M shares, which means that the short-interest ratio is just 1.09 days. Over the past seven days, the company moved, with its shift of -0.64%. Looking further, the stock has dropped -20.36% over the past 90 days while it lost -16.69% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more CTSH shares, increasing its portfolio by +1.45% during the last quarter. This move now sees The Vanguard Group Inc purchasing 618,090 shares in the last quarter, thus it now holds 43,284,534 shares of CTSH, with a total valuation of $3,158,039,601. BlackRock Fund Advisors meanwhile sold more CTSH shares in the recently filed quarter, changing its stake to $1,909,540,201 worth of shares. Massachusetts Financial Services followed the path by increasing its CTSH portfolio by +4.59% in the quarter. This means that Massachusetts Financial Services bought 1,106,129 shares in the last quarter and now controls 25,183,792 shares of the CTSH stock, with the valuation hitting $1,837,409,464.
Similarly, Edgewood Management LLC decreased its Cognizant Technology Solutions Corporation shares by -2.52% during the recently filed quarter. After selling -463,522 shares in the last quarter, the firm now controls 17,926,793 shares of Cognizant Technology Solutions Corporation which are valued at $1,307,938,817. In the same vein, Fidelity Management Research Co increased its Cognizant Technology Solutions Corporation shares by during the most recent reported quarter. The firm bought 3,267,702 shares during the quarter which increased its stakes to 11,938,718 shares and is now valued at $871,048,865. Following these latest developments, around 0.20% of Cognizant Technology Solutions Corporation stocks are owned by institutional investors and hedge funds.