Kinetik Holdings Shares Outstanding vs. Price To Sales

KNTK Stock  USD 56.36  0.91  1.64%   
Based on Kinetik Holdings' profitability indicators, Kinetik Holdings is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Kinetik Holdings' ability to earn profits and add value for shareholders. At this time, Kinetik Holdings' Days Sales Outstanding is quite stable compared to the past year. Operating Cash Flow Sales Ratio is expected to rise to 0.49 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05. At this time, Kinetik Holdings' Non Operating Income Net Other is quite stable compared to the past year. Net Income Per Share is expected to rise to 5.86 this year, although the value of Income Tax Expense is projected to rise to (221.3 M).
For Kinetik Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kinetik Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kinetik Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kinetik Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kinetik Holdings over time as well as its relative position and ranking within its peers.
  

Kinetik Holdings' Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.
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.

Kinetik Holdings Price To Sales vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kinetik Holdings's current stock value. Our valuation model uses many indicators to compare Kinetik Holdings value to that of its competitors to determine the firm's financial worth.
Kinetik Holdings is rated below average in shares outstanding category among its peers. It is rated below average in price to sales category among its peers . The ratio of Shares Outstanding to Price To Sales for Kinetik Holdings is about  25,657,735 . At this time, Kinetik Holdings' Price To Sales Ratio is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Kinetik Holdings by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Kinetik Price To Sales vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Kinetik Holdings

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
59.75 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Kinetik Holdings

P/S

 = 

MV Per Share

Revenue Per Share

 = 
2.33 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Kinetik Price To Sales Comparison

Kinetik Holdings is currently under evaluation in price to sales category among its peers.

Kinetik Holdings Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Kinetik Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kinetik Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Kinetik Holdings' change in net profit over the period of time. It can combine multiple indicators of Kinetik Holdings, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-166.8 K-175.1 K
Operating Income159.3 M167.2 M
Income Before Tax153.5 M161.2 M
Net Income Applicable To Common Shares46.8 M49.2 M
Net Income386.5 M405.8 M
Net Income From Continuing Ops167.6 M175.9 M
Total Other Income Expense Net-5.7 M-6 M
Income Tax Expense-232.9 M-221.3 M
Net Interest Income-185.2 M-176 M
Interest Income1.9 M1.5 M
Non Operating Income Net Other289.9 M304.4 M
Change To Netincome-172 M-163.4 M
Net Income Per Share 5.59  5.86 
Income Quality 1.51  1.44 
Net Income Per E B T 1.89  1.98 

Kinetik Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Kinetik Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Kinetik Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Kinetik Holdings' important profitability drivers and their relationship over time.

Use Kinetik Holdings in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinetik Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinetik Holdings will appreciate offsetting losses from the drop in the long position's value.

Kinetik Holdings Pair Trading

Kinetik Holdings Pair Trading Analysis

The ability to find closely correlated positions to Kinetik Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinetik Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kinetik Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kinetik Holdings to buy it.
The correlation of Kinetik Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinetik Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinetik Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Kinetik Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Kinetik Holdings position

In addition to having Kinetik Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Health Management
Health Management Theme
Major hospitals and healthcare providers. The Health Management theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Health Management Theme or any other thematic opportunities.
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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 Correlation Analysis.
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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
To fully project Kinetik Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kinetik Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Kinetik Holdings' income statement, its balance sheet, and the statement of cash flows.
Potential Kinetik Holdings investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Kinetik Holdings investors may work on each financial statement separately, they are all related. The changes in Kinetik Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kinetik Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.