Kinetik Holdings Inc (NYSE: KNTK) is -4.43% 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 $41.97 in the last trading session, with the day’s gains setting it 1.17%.
Currently trading at $43.14, the stock is 1.74% and -1.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing 2.79% at the moment leaves the stock -16.03% off its SMA200. KNTK registered -23.93% loss for a year compared to 6-month loss of -33.83%. The firm has a 50-day simple moving average (SMA 50) of $43.5872 and a 200-day simple moving average (SMA200) of $51.37685.
The stock witnessed a 1.32% gain in the last 1 month and extending the period to 3 months gives it a 3.11%, and is 3.93% up 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 3.06% over the week and 3.05% over the month.
Kinetik Holdings Inc (KNTK) has around 460 employees, a market worth around $6.81B and $1.65B in sales. Current P/E ratio is 45.95 and Fwd P/E is 20.39. Profit margin for the company is 3.44%. Distance from 52-week low is 13.98% and -36.18% 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 32.96% this year
372.0 institutions hold shares in Kinetik Holdings Inc (KNTK), with institutional investors hold 99.70% of the company’s shares. The shares outstanding are 60.92M, and float is at 39.24M with Short Float at 10.13%. Institutions hold 91.06% 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).
