Currently, there are 56.37M common shares owned by the public and among those 55.67M shares have been available to trade.
The company’s stock has a 5-day price change of -2.59% and 6.43% over the past three months. KEX shares are trading 1.50% year to date (YTD), with the 12-month market performance down to -11.79% lower. It has a 12-month low price of $83.94 and touched a high of $132.21 over the same period. KEX has an average intraday trading volume of 574.09K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.41%, 6.92%, and -3.65% respectively.
Institutional ownership of Kirby Corp (NYSE: KEX) shares accounts for 100.24% of the company’s 56.37M shares outstanding.
It has a market capitalization of $6.02B and a beta (3y monthly) value of 0.96. The stock’s trailing 12-month PE ratio is 21.30, while the earnings-per-share (ttm) stands at $5.04. The company has a PEG of 2.11 and a Quick Ratio of 0.96 with the debt-to-equity ratio at 0.38. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.02% over the week and 1.85% over the month.
Earnings per share for the fiscal year are expected to increase by 19.53%, and 17.76% over the next financial year. EPS should shrink at an annualized rate of 10.09% over the next five years, compared to 15.69% over the past 5-year period.
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.
