Kirby Corporation (NYSE:KEX) changes shares on Monday trading session, with a change of -0.62% or -$0.34 shares. The trading starts at $54.50 and closed at $55.06 throughout the day. The trading session low price was $53.86 and day high was $54.765 on Monday, June 22. After the session, the Industrials sector daily volume shifted to 0.36 million while its average volume is 578.32K. In other hand, the KEX market cap reached to $3.25B. While, its current target price is $54.72 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.74% and up 7.25% for month. Its quarterly performance was 43.70% above, while its half year performance is down -36.84%. KEX yearly performance stood at negative -31.75% and fall -38.88% for year-to-date. Current recommendation for Kirby Corporation is 2.40.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. KEX EPS (TTM) for 12-month is -2.31. EPS for this year is 81.10%, while for the next year its value is 2.83. Its EPS Q/Q reached -661.90%. It has an EPS of -13.60% down for past five years and for the next five years will be up 8.00%.
Let’s take a look on the analyst recommendations on KEX for the current month and previous month. For the current month, 3 of 9 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 10 analysts participate in stock recommendation. Out of 10, 0 rated it sell, 4 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $49.00-$60.00. Average target price for KEX was reached at $53.83.
Baillie Gifford and Company, Vanguard Group, Inc. (The) and Blackrock Inc. are the top three holders in Kirby Corporation (KEX) stock. On Mar 30, 2020, Baillie Gifford and Company has 7.28 million shares which valued 316.41 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 5.33 million shares which valued at 231.86 million. On Mar 30, 2020, Blackrock Inc. has a total of 5.28 million shares which valued at 229.42 million. In the end, Blackrock Inc. have 8.79% shares outstanding of Kirby Corporation (KEX) on Mar 30, 2020. The insider ownership moved to 0.90% and institutional holding shifted to 94.00%.
The company posted an EPS (TTM) of -2.31. According to the most recent quarter report on (Jun 2020), 7 analysts estimated an average EPS of 0.45, while 0.79 EPS posted a year ago period. Analyst Estimated EPS for KEX published in the report was 0.35-0.5 during the same period. Comparing with last year, the average estimated EPS was 0.79 which is higher than 0.59 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for KEX fall -20.81% for period of 200 days. SMA for 50 days was 6.08% which is showing green signal, while SMA-20 was -0.41%. The moving average value for Kirby Corporation (KEX) is 62.98 and 52.91 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in KEX stock. On Jun 10, Waterman William M., Director, sold 25,000 trading shares at the cost of $58.12, which valued at 1.45 million. On May 11, Clarke Kim B, VP and Chief HR Officer, bought 1,000 shares at the cost of $51.25, with total shares of 3,656. On May 08, MILLER SCOTT P, VP – CIO, sold 607 shares at the cost of 51.71. After this transaction, MILLER SCOTT P total shares reached to 0 which valued at 31385.0.