Analyst Ratings for Kirby Corp. (KEX)Updated: 2017-07-26
Analysts covering Kirby Corp. (NYSE:KEX) have given it a consensus rating of Hold. KEX had previously received a consensus rating of Hold a month ago.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 9 gave a hold rating, 1 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for KEX by the analysts covering the stock. The maximum price target given was 85, which equates to a potential upside of 30.67 percent. The most pessimistic price target was 50, which equates to a potential downside of -23.14 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -3 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.46 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.78 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of KEX's earnings is estimated by analysts to be -14.33 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of KEX is -1.87.
KEX has traded between a high of 74.50 and a low of 50.80 over the past year. The current market price is above the trailing year's low by 28.05 percent, and 12.68 percent below the high. KEX has a price/earnings ratio of 26.84. Investors typically compare the P/E ratio to a company's peers in the industry. The KEX value stock report compares KEX to some of its peers using value stock charts. The stock has a market capitalization of $3.53 billion. KEX will post this quarters earnings in days, on 0000-00-00.