Kirby (KEX) to Release Earnings on Thursday

Kirby (NYSE:KEX - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $1.31 per share and revenue of $824.12 million for the quarter.

Kirby (NYSE:KEX - Get Free Report) last posted its earnings results on Thursday, January 30th. The shipping company reported $1.29 earnings per share for the quarter, missing analysts' consensus estimates of $1.30 by ($0.01). Kirby had a return on equity of 9.71% and a net margin of 8.78%. On average, analysts expect Kirby to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Kirby Stock Performance

Shares of KEX stock traded down $1.53 on Friday, hitting $96.67. The company's stock had a trading volume of 284,363 shares, compared to its average volume of 534,822. Kirby has a fifty-two week low of $83.94 and a fifty-two week high of $132.21. The company has a market capitalization of $5.50 billion, a PE ratio of 19.69, a PEG ratio of 0.88 and a beta of 0.99. The stock's 50 day moving average is $98.20 and its 200-day moving average is $109.52. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.05 and a current ratio of 1.45.

Insider Buying and Selling at Kirby

In other news, VP Scott P. Miller sold 1,244 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $107.61, for a total transaction of $133,866.84. Following the completion of the sale, the vice president now owns 5,545 shares of the company's stock, valued at approximately $596,697.45. This represents a 18.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.90% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on KEX shares. Stifel Nicolaus decreased their target price on shares of Kirby from $136.00 to $135.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Bank of America lowered their price objective on Kirby from $133.00 to $123.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. Finally, StockNews.com downgraded Kirby from a "buy" rating to a "hold" rating in a research report on Thursday, January 9th.

About Kirby

Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii.