Kinetik Holdings Inc (NYSE: KNTK) is -1.82% lower on its value in year-to-date trading and has touched a low of $37.85 and a high of $67.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KNTK stock was last observed hovering at around $41.74 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $41.44, the stock is -4.00% and -4.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -0.72% at the moment leaves the stock -19.71% off its SMA200. KNTK registered -26.93% loss for a year compared to 6-month loss of -29.16%. The firm has a 50-day simple moving average (SMA 50) of $43.568 and a 200-day simple moving average (SMA200) of $51.6098.
The stock witnessed a -4.25% gain in the last 1 month and extending the period to 3 months gives it a -1.43%, and is -5.19% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 3.03% over the month.
Kinetik Holdings Inc (KNTK) has around 460 employees, a market worth around $6.55B and $1.65B in sales. Current P/E ratio is 44.14 and Fwd P/E is 18.91. Profit margin for the company is 3.44%. Distance from 52-week low is 9.48% and -38.70% from its 52-week high. The company has generated returns on investments over the last 12 months (5.45%).
The EPS is expected to grow by 44.23% this year
367.0 institutions hold shares in Kinetik Holdings Inc (KNTK), with institutional investors hold 98.51% of the company’s shares. The shares outstanding are 60.92M, and float is at 39.24M with Short Float at 7.26%. Institutions hold 89.97% of the Float.
The top institutional shareholder in the company is BLACKSTONE INC. with over 11.92 million shares valued at $493.89 million. The investor’s holdings represent 19.9328 of the KNTK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.9 million shares valued at $161.77 million to account for 6.5286 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.5 million shares representing 5.8455 and valued at over $144.84 million, while NEUBERGER BERMAN GROUP LLC holds 3.9281 of the shares totaling 2.35 million with a market value of $97.33 million.
Kinetik Holdings Inc (KNTK) Insider Activity
The most recent transaction is an insider sale by ISQ Global Fund II GP LLC, the company’s 10% Owner. SEC filings show that ISQ Global Fund II GP LLC sold 4,262,090 shares of the company’s common stock on Jun 04 ’25 at a price of $44.16 per share for a total of $188.21 million. Following the sale, the insider now owns 1.0 shares.
Still, SEC filings show that on Mar 17 ’25, ISQ Global Fund II GP LLC (10% Owner) disposed off 1,044,519 shares at an average price of $52.66 for $55.0 million. The insider now directly holds 657,583 shares of Kinetik Holdings Inc (KNTK).
