Kinetik Holdings stock hits 52-week low at $39.24

Published 02/10/2025, 18:30
Kinetik Holdings stock hits 52-week low at $39.24

Kinetik Holdings Inc stock reached a 52-week low, touching $39.24, marking a notable point in the company’s recent trading history. The company currently offers a substantial 7.65% dividend yield, though it trades at a relatively high P/E ratio of 53.7. Over the past year, the stock has experienced a decline, with a 1-year change of -17.25%. This downturn highlights the challenges faced by the company in maintaining its stock value amidst fluctuating market conditions. The 52-week low underscores the broader market pressures and company-specific factors that have influenced investor sentiment and trading performance. According to InvestingPro analysis, the stock appears undervalued at current levels, with 10+ additional ProTips available to help investors make informed decisions about this stock’s potential.

In other recent news, Kinetik Holdings Inc. reported its second-quarter 2025 earnings, revealing an earnings per share (EPS) of $0.33, which surpassed the forecasted $0.25 by 32%. However, the company’s revenue fell short of expectations, coming in at $426.74 million compared to the anticipated $436.91 million. Despite the revenue miss, investor sentiment appeared positive. Goldman Sachs maintained a Buy rating on Kinetik Holdings but lowered its price target to $47.00 from $49.00 due to a project delay. Meanwhile, Interactive Brokers Group Inc. is set to be added to the S&P 500 index, replacing Walgreens Boots Alliance Inc. This change, announced by S&P Dow Jones Indices, is expected to take effect before the market opens on August 28. Walgreens is being removed from the index as it is being acquired by Sycamore Partners. These developments highlight significant movements and expectations within the market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.