Wells Fargo Company Issues Positive Forecast for Kinetik Stock Price

KNTK Stock  USD 57.35  0.41  0.71%   
About 70% of Kinetik Holdings' investor base is looking to short. The current sentiment of investing in Kinetik Holdings suggests that many traders are alarmed. Kinetik Holdings' investing sentiment shows overall attitude of investors towards Kinetik Holdings.
  
Kinetik had its target price hoisted by Wells Fargo Company from 58.00 to 60.00 in a research report released on Wednesday morning,Benzinga reports. They currently have an equal weight rating on the stock. A number of other brokerages have also weighed in on KNTK. Mizuho increased their target price on

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Kinetik Holdings Current Investor Sentiment

Panic Vs Confidence

30

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Kinetik Holdings' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Kinetik Holdings.

Kinetik Holdings Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Kinetik Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Kinetik Holdings Fundamental Analysis

We analyze Kinetik Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kinetik Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kinetik Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Earnings To Growth

Price To Earnings To Growth Comparative Analysis

Kinetik Holdings is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Kinetik Holdings Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kinetik Holdings stock to make a market-neutral strategy. Peer analysis of Kinetik Holdings could also be used in its relative valuation, which is a method of valuing Kinetik Holdings by comparing valuation metrics with similar companies.

Peers

Kinetik Holdings Related Equities

DLNGDynagas LNG   8.97   
0%
100.0%
WESWestern Midstream   1.85   
0%
20.0%
HESMHess Midstream   1.46   
0%
16.0%
MPLXMPLX LP   1.35   
0%
15.0%
NGLNGL Energy   0.85   
0%
9.0%
GELGenesis Energy   0.80   
0%
8.0%
ENLCEnLink Midstream   0.78   
0%
8.0%
DTMDT Midstream   0.66   
0%
7.0%
MMLPMartin Midstream   0.25   
0%
2.0%
PAAPlains All   0.18   
2.0%
0%
When determining whether Kinetik Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kinetik Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kinetik Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Kinetik Holdings Stock:
Check out Kinetik Holdings Hype Analysis, Kinetik Holdings Correlation and Kinetik Holdings Performance.
For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinetik Holdings. If investors know Kinetik will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinetik Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.672
Dividend Share
3.03
Earnings Share
2.97
Revenue Per Share
24.799
Quarterly Revenue Growth
0.2
The market value of Kinetik Holdings is measured differently than its book value, which is the value of Kinetik that is recorded on the company's balance sheet. Investors also form their own opinion of Kinetik Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kinetik Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinetik Holdings' market value can be influenced by many factors that don't directly affect Kinetik Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinetik Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinetik Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinetik Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.