Share on StockTwits

Shares of Kirby (NYSE:KEX) have received a consensus rating of “Buy” from the eight analysts that are currently covering the stock, StockRatingsNetwork reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $134.17.

Shares of Kirby (NYSE:KEX) opened at 121.38 on Tuesday. Kirby has a one year low of $79.33 and a one year high of $121.48. The stock’s 50-day moving average is $117. and its 200-day moving average is $108.0. The company has a market cap of $6.926 billion and a P/E ratio of 25.49.

Kirby (NYSE:KEX) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.01. The company had revenue of $628.05 million for the quarter, compared to the consensus estimate of $614.10 million. During the same quarter in the previous year, the company posted $1.08 earnings per share. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. On average, analysts predict that Kirby will post $5.11 earnings per share for the current fiscal year.

A number of research firms have recently commented on KEX. Analysts at RBC Capital raised their price target on shares of Kirby from $127.00 to $135.00 in a research note on Friday, August 1st. Separately, analysts at Jefferies Group raised their price target on shares of Kirby from $125.00 to $135.00 in a research note on Friday, August 1st. Finally, analysts at Credit Suisse raised their price target on shares of Kirby from $115.00 to $130.00 in a research note on Thursday, July 31st. They now have an “outperform” rating on the stock.

Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, and along all three United States coasts and in Alaska and Hawaii.

Receive News & Ratings for Kirby Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirby Co and related companies with Analyst Ratings Network's FREE daily email newsletter.