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NYSE:KEX

Kirby (KEX) Stock Price, News & Analysis

Kirby logo
$104.14 -2.23 (-2.10%)
(As of 12/20/2024 05:31 PM ET)

About Kirby Stock (NYSE:KEX)

Key Stats

Today's Range
$103.74
$108.17
50-Day Range
$104.14
$130.48
52-Week Range
$74.88
$132.21
Volume
2.22 million shs
Average Volume
469,643 shs
Market Capitalization
$5.98 billion
P/E Ratio
19.99
Dividend Yield
N/A
Price Target
$123.80
Consensus Rating
Buy

Company Overview

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. It also transports petrochemicals, black oils, refined petroleum products, and agricultural chemicals by tank barges; and operates offshore dry-bulk barges and tugboat units that are engaged in the offshore transportation of dry-bulk cargos in the United States coastal trade. It owns and operates 1,076 inland tank barges, approximately 281 inland towboats, 28 coastal tank barges, 25 coastal tugboats, 4 offshore dry-bulk cargo barges, 4 offshore tugboats, and a docking tugboat. Its Distribution and Services segment sells after-market service and genuine replacement parts for engines, transmissions, reduction gears, electric motors, drives, and controls, electrical distribution and control systems, energy storage battery systems, and related oilfield service equipment; rebuilds component parts or diesel engines, transmissions and reduction gears, and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications; rents generators, industrial compressors, high capacity lift trucks, and refrigeration trailers; and manufactures and remanufactures oilfield service equipment, including pressure pumping units, as well as manufacturers electric power generation equipment, specialized electrical distribution and control equipment, and high capacity energy storage/battery systems. It serves to various companies, the United States government, and pleasure crafts. The company was formerly known as Kirby Exploration Company, Inc. and changed its name to Kirby Corporation in 1990. Kirby Corporation was founded in 1921 and is headquartered in Houston, Texas.

Kirby Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
80th Percentile Overall Score

KEX MarketRank™: 

Kirby scored higher than 80% of companies evaluated by MarketBeat, and ranked 47th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Kirby has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Kirby has received no research coverage in the past 90 days.

  • Read more about Kirby's stock forecast and price target.
  • Earnings Growth

    Earnings for Kirby are expected to grow by 21.83% in the coming year, from $5.45 to $6.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Kirby is 19.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Kirby is 19.99, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.84.

  • Price to Earnings Growth Ratio

    Kirby has a PEG Ratio of 0.70. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Kirby has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.26% of the float of Kirby has been sold short.
  • Short Interest Ratio / Days to Cover

    Kirby has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Kirby has recently decreased by 10.07%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Kirby does not currently pay a dividend.

  • Dividend Growth

    Kirby does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.26% of the float of Kirby has been sold short.
  • Short Interest Ratio / Days to Cover

    Kirby has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Kirby has recently decreased by 10.07%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Kirby has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Kirby this week, compared to 15 articles on an average week.
  • Search Interest

    Only 2 people have searched for KEX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Kirby to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Kirby insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,275,455.00 in company stock.

  • Percentage Held by Insiders

    Only 1.50% of the stock of Kirby is held by insiders.

  • Percentage Held by Institutions

    96.15% of the stock of Kirby is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Kirby's insider trading history.
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KEX Stock News Headlines

Kirby (NYSE:KEX) Lowered to "Hold" Rating by StockNews.com
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Kirby Co. (NYSE:KEX) Given Consensus Rating of "Buy" by Analysts
See More Headlines

KEX Stock Analysis - Frequently Asked Questions

Kirby's stock was trading at $78.48 at the beginning of the year. Since then, KEX shares have increased by 32.7% and is now trading at $104.14.
View the best growth stocks for 2024 here
.

Kirby Co. (NYSE:KEX) posted its quarterly earnings results on Wednesday, October, 30th. The shipping company reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.08. The business's quarterly revenue was up 8.7% on a year-over-year basis.

Top institutional shareholders of Kirby include Wellington Management Group LLP (3.02%), State Street Corp (2.91%), King Luther Capital Management Corp (2.74%) and Jennison Associates LLC (2.07%). Insiders that own company stock include William M Waterman, David W Grzebinski, Richard J Alario, Dorman Lynn Strahan, Richard Ross Stewart, Christian G O'neil, Ronald A Dragg, Amy D Husted, Rocky Dewbre, Scott P Miller, William Matthew Woodruff, Kurt A Niemietz, C Sean Day, J H Pyne and Kim B Clarke.
View institutional ownership trends
.

Shares of KEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Kirby investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), Voyager Therapeutics (VYGR) and AUO (AUOTY).

Company Calendar

Last Earnings
10/30/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Marine
CUSIP
49726610
Employees
5,450
Year Founded
1921

Price Target and Rating

Average Stock Price Target
$123.80
High Stock Price Target
$141.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+18.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$222.93 million
Pretax Margin
12.30%

Debt

Sales & Book Value

Annual Sales
$3.26 billion
Cash Flow
$7.15 per share
Book Value
$53.92 per share

Miscellaneous

Free Float
56,539,000
Market Cap
$5.98 billion
Optionable
Optionable
Beta
1.18
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This page (NYSE:KEX) was last updated on 12/21/2024 by MarketBeat.com Staff
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