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 most optimistic analyst gave a price target of 85, implying a possible profit of 30.67 percent. The most pessimistic analyst gave a price target of 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.78 percent.
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 made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of KEX to grow at a rate of -14.33 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. KEX has a PEG ratio of -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 below the high by 12.68 percent. KEX has a P/E 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.