Kirby Corp (NYSE: KEX) has reported E.P.S. of $1.20 for its first fiscal quarter (ending March 31) versus $0.68 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $4.27 compared to $2.42 a year ago.
Recent Price Action
On 4/25/24, Kirby Corp (NYSE: KEX) stock enjoyed a major increase of 11.0%, closing at $112.16. Moreover, this advance was accompanied by exceptionally high trading volume at 347% of normal. Relative to the market the stock has been strong over the last nine months and has risen 18.0% during the last week.
Current PriceTarget Research Rating
KEX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Kirby has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Kirby has a neutral Appreciation Score of 49 but a good Power Rating of 70, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment