Currently, there are 57.40M common shares owned by the public and among those 56.80M shares have been available to trade.
The company’s stock has a 5-day price change of 1.97% and -16.72% over the past three months. KEX shares are trading 2.47% year to date (YTD), with the 12-month market performance up to 29.52% higher. It has a 12-month low price of $84.14 and touched a high of $132.21 over the same period. KEX has an average intraday trading volume of 618.63K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.00%, -1.08%, and -7.81% respectively.
Institutional ownership of Kirby Corp (NYSE: KEX) shares accounts for 97.88% of the company’s 57.40M shares outstanding.
It has a market capitalization of $6.22B and a beta (3y monthly) value of 1.18. The stock’s trailing 12-month PE ratio is 22.09, while the earnings-per-share (ttm) stands at $4.91. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.47% over the week and 2.39% over the month.
Earnings per share for the fiscal year are expected to increase by 20.49%, and 21.07% over the next financial year.
Looking at the support for the KEX, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on April 22, 2024, with the firm’s price target at $126. BTIG Research coverage for the Kirby Corp (KEX) stock in a research note released on January 28, 2022 offered a Buy rating with a price target of $80. BofA Securities on their part issued Buy rating on November 18, 2020.
