Kirby Corp (NYSE: KEX) is -0.72% lower on its value in year-to-date trading and has touched a low of $74.88 and a high of $132.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KEX stock was last observed hovering at around $104.05 in the last trading session, with the day’s gains setting it 0.99%.
Currently trading at $105.04, the stock is -3.43% and -11.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.41 million and changing 0.95% at the moment leaves the stock -9.79% off its SMA200. KEX registered 35.01% gain for a year compared to 6-month loss of -12.06%. The firm has a 50-day simple moving average (SMA 50) of $118.182 and a 200-day simple moving average (SMA200) of $116.4428.
The stock witnessed a -11.74% gain in the last 1 month and extending the period to 3 months gives it a -12.74%, and is -0.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.48% over the week and 2.89% over the month.
Kirby Corp (KEX) has around 5450 employees, a market worth around $6.03B and $3.26B in sales. Current P/E ratio is 20.16 and Fwd P/E is 15.66. Profit margin for the company is 9.37%. Distance from 52-week low is 40.28% and -20.55% from its 52-week high. The company has generated returns on investments over the last 12 months (6.92%).
The EPS is expected to grow by 46.51% this year
525.0 institutions hold shares in Kirby Corp (KEX), with institutional investors hold 100.15% of the company’s shares. The shares outstanding are 57.60M, and float is at 56.86M with Short Float at 1.06%. Institutions hold 99.31% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.03 million shares valued at $721.62 million. The investor’s holdings represent 10.3076 of the KEX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.98 million shares valued at $596.38 million to account for 8.5187 of the shares outstanding. The other top investors are NEUBERGER BERMAN GROUP LLC which holds 3.42 million shares representing 5.8494 and valued at over $409.51 million, while MORGAN STANLEY holds 4.7895 of the shares totaling 2.8 million with a market value of $335.31 million.
Kirby Corp (KEX) Insider Activity
The most recent transaction is an insider sale by Waterman William M., the company’s Director. SEC filings show that Waterman William M. sold 40,001 shares of the company’s common stock on Nov 25 ’24 at a price of $130.14 per share for a total of $5.21 million. Following the sale, the insider now owns 37315.0 shares.
Still, SEC filings show that on Nov 20 ’24, STEWART RICHARD ROSS (Director) disposed off 8,000 shares at an average price of $128.21 for $1.03 million. The insider now directly holds 15,488 shares of Kirby Corp (KEX).
