In yesterday’s Wall Street session, Kirby Corp (NYSE:KEX) shares traded at $126.36, down -2.64% from the previous session.
KEX stock price is now 1.80% away from the 50-day moving average and 11.64% away from the 200-day moving average. The market capitalization of the company currently stands at $7.25B.
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With the price target of $126, Wolfe Research recently initiated with Outperform rating for Kirby Corp (NYSE: KEX). On January 28, 2022, BTIG Research Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $80, while ‘Stifel’ rates the stock as ‘Buy’
In other news, Waterman William M., Director sold 40,001 shares of the company’s stock on Nov 25 ’24. The stock was sold for $5,205,730 at an average price of $130.14. Upon completion of the transaction, the Director now directly owns 37,315 shares in the company, valued at $4.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 25 ’24, Affiliate William M. Waterman bought 40,001 shares of the business’s stock. A total of $5,219,330 was incurred on buying the stock at an average price of $130.48. A total of 0.92% of the company’s stock is owned by insiders.
During the past 12 months, Kirby Corp has had a low of $72.11 and a high of $132.21. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 1.67, and a quick ratio of 1.05. The fifty day moving average price for KEX is $124.0608 and a two-hundred day moving average price translates $112.9704 for the stock.
The latest earnings results from Kirby Corp (NYSE: KEX) was released for 2021-10-28. The net profit margin was 9.37% and return on equity was 9.47% for KEX. The company reported revenue of $831.15 million for the quarter, compared to $764.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.68 percent. For the current quarter, analysts expect KEX to generate $803.66M in revenue.
