For its second fiscal quarter (ending June 30), Kirby Corp (NYSE: KEX) has reported E.P.S. of $1.44 compared to $0.96 a year ago. For the latest four quarters through June 30, E.P.S. were $4.75 compared to $2.91 a year ago.
Recent Price Action
Kirby Corp (NYSE: KEX) stock closed at $113.70 on 8/1/24 after a large decline of -7.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 266% of normal. The stock has declined -5.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
KEX is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Kirby has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kirby has a neutral Appreciation Score of 41 but a very high Power Rating of 99, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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