Closing Strong: Kirby Corp (KEX) Ends at 106.37, Up 0.70 from Last Close

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After finishing at $105.63 in the prior trading day, Kirby Corp (NYSE: KEX) closed at $106.37, up 0.70%. In other words, the price has increased by $0.70 from its previous closing price. On the day, 0.87 million shares were traded. KEX stock price reached its highest trading level at $107.89 during the session, while it also had its lowest trading level at $104.27.

Ratios:

Our goal is to gain a better understanding of KEX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 91.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.34.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wolfe Research on April 22, 2024, initiated with a Outperform rating and assigned the stock a target price of $126.

On January 28, 2022, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $80.

Stifel Upgraded its Hold to Buy on October 12, 2021, whereas the target price for the stock was revised from $64 to $65.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Waterman William M. sold 40,001 shares for $130.14 per share. The transaction valued at 5,205,730 led to the insider holds 37,315 shares of the business.

William M. Waterman bought 40,001 shares of KEX for $5,219,330 on Nov 25 ’24. On Nov 20 ’24, another insider, STEWART RICHARD ROSS, who serves as the Director of the company, sold 8,000 shares for $128.21 each. As a result, the insider received 1,025,680 and left with 15,488 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KEX now has a Market Capitalization of 6105638400. As of this moment, Kirby’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.41, and their Forward P/E ratio for the next fiscal year is 15.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.86.

Stock Price History:

Over the past 52 weeks, KEX has reached a high of $132.21, while it has fallen to a 52-week low of $74.88. The 50-Day Moving Average of the stock is -13.07%, while the 200-Day Moving Average is calculated to be -7.87%.

Shares Statistics:

The stock has traded on average 469.10K shares per day over the past 3-months and 615750 shares per day over the last 10 days, according to various share statistics. A total of 57.60M shares are outstanding, with a floating share count of 56.86M. Insiders hold about 0.93% of the company’s shares, while institutions hold 97.54% stake in the company. Shares short for KEX as of 1732838400 were 716778 with a Short Ratio of 1.53, compared to 1730332800 on 882774. Therefore, it implies a Short% of Shares Outstanding of 716778 and a Short% of Float of 1.4199998999999999.

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