Could this be the case of a blown-up long-term opportunity? Kirby Corp. (KEX)

Kirby Corp. [KEX] stock is trading at $123.06, up 0.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KEX shares have gain 7.35% over the last week, with a monthly amount glided 3.52%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Kirby Corp. [NYSE: KEX] stock has seen the most recent analyst activity on April 22, 2024, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $126. Previously, BTIG Research upgraded its rating to Buy on January 28, 2022, and kept the price target unchanged to $80. On October 12, 2021, upgrade upgraded it’s rating to Buy and revised its price target to $65 on the stock. Gabelli & Co downgraded its rating to a Hold. BofA Securities upgraded its rating to a Buy and raised its price target to $54 on November 18, 2020. The Benchmark Company started tracking with a Buy rating for this stock on April 16, 2020, and assigned it a price target of $65. In a note dated January 31, 2020, Stifel downgraded an Hold rating on this stock and revised its target price from $85 to $84.

Kirby Corp. [KEX] stock has fluctuated between $72.11 and $130.90 over the past year. Currently, Wall Street analysts expect the stock to reach $116.5 within the next 12 months. Kirby Corp. [NYSE: KEX] shares were valued at $123.06 at the most recent close of the market. An investor can expect a potential drop of -5.33% based on the average KEX price forecast.

Analyzing the KEX fundamentals

Kirby Corp. [NYSE:KEX] reported sales of 3.20B for the trailing twelve months, which represents a growth of 6.07%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 121.56 points at the first support level, and at 120.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.34, and for the 2nd resistance point, it is at 127.62.

Ratios To Look Out For

For context, Kirby Corp.’s Current Ratio is 1.70. Also, the Quick Ratio is 1.05, while the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 2.23, the price to book ratio is 2.19 and price to earnings (TTM) ratio is 26.08.

Transactions by insiders

Recent insider trading involved O’Neil Christian G., Officer, that happened on Sep 18 ’24 when 14031.0 shares were purchased. CEO, Grzebinski David W completed a deal on Sep 16 ’24 to sell 26358.0 shares. Meanwhile, Officer Grzebinski David W bought 26358.0 shares on Sep 16 ’24.

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