Kirby Corporation Common Stock (NYSE:KEX):
Kirby Corporation Announces 2016 Third Quarter Results.
The company is now down by -0.54% since yesterday’s close of $59.33.
The stock last traded at $59.01 which is just a bit higher than the 50 day moving average of $59.01 and marginally under the 200 day moving average of $61.29. The 50 day moving average was up $0.00 or -0.01% whereas the 200 day moving average was down $-2.28 or -3.72%.
The most current P/E ratio is 19.94 and market capitalization is 3.18B. As of the last earnings report the EPS was $2.96 and is projected to be $2.60 for the current year with 53,805,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.57 and the next full year EPS is anticipated to be $2.66.
Several Wall Street analysts have released ratings on KEX. On September 20 the stock rating was upgraded from “Sector Perform” to “Outperform” in a statement from RBC Capital. On July 25, 2016 the stock rating was rated “Underperform” by Wells Fargo a cut from the previous “” rating.
On June 21 the company was downgraded to “Neutral” from “Outperform” by Credit Suisse. On May 2 the company was changed to a “Buy” in a report from BB&T Capital up from the previous “” rating.
On May 2, 2016 the stock rating was set at “Market Perform” according to a BBT report which is up from the previous “” rating. On April 29 the company was downgraded from “” to “Hold” and a price target of $54.00 was set in a report from Cowen & Company.