Kirby Corp (NYSE: KEX) is 5.80% higher on its value in year-to-date trading and has touched a low of $75.60 and a high of $132.21 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KEX stock was last observed hovering at around $111.49 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $111.94, the stock is 5.29% and -4.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 0.40% at the moment leaves the stock -4.20% off its SMA200. KEX registered 47.85% gain for a year compared to 6-month loss of -8.47%. The firm has a 50-day simple moving average (SMA 50) of $116.964 and a 200-day simple moving average (SMA200) of $116.84155.
The stock witnessed a -1.57% gain in the last 1 month and extending the period to 3 months gives it a -9.64%, and is 7.74% up 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 1.90% over the week and 2.78% over the month.
Kirby Corp (KEX) has around 5450 employees, a market worth around $6.43B and $3.26B in sales. Current P/E ratio is 21.48 and Fwd P/E is 16.69. Profit margin for the company is 9.37%. Distance from 52-week low is 48.07% and -15.33% 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.
Kirby Corp (KEX) Top Institutional Holders
521.0 institutions hold shares in Kirby Corp (KEX), with institutional investors hold 100.57% of the company’s shares. The shares outstanding are 57.60M, and float is at 56.86M with Short Float at 1.65%. Institutions hold 99.73% 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).
