Currently, Kirby Corp [KEX] is trading at $109.16, up 0.24%. 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 5.07% over the last week, with a monthly amount glided 14.22%, and seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $83.94 and a high of $132.21 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $116.5 within the next 12 months. Kirby Corp [NYSE: KEX] shares were valued at $109.16 at the most recent close of the market. An investor can expect a potential return of 6.72% based on the average KEX price forecast.
Analyzing the KEX fundamentals
Trailing Twelve Months sales for Kirby Corp [NYSE:KEX] were 3.24B which represents -2.77% decline. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.12%, 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.
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 108.07 points at the first support level, and at 106.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.72, and for the 2nd resistance point, it is at 110.29.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kirby Corp [NYSE:KEX] is 1.58. Also, the Quick Ratio is 0.96, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 1.89, the price to book ratio is 1.85 and price to earnings (TTM) ratio is 21.65.
Transactions by insiders
Recent insider trading involved MILLER SCOTT P, Officer, that happened on Feb 06 ’25 when 3545.0 shares were purchased. VP – CIO, MILLER SCOTT P completed a deal on Feb 06 ’25 to sell 3545.0 shares. Meanwhile, VP – CIO MILLER SCOTT P sold 1244.0 shares on Feb 05 ’25.
