Media coverage about Kirby (NYSE:KEX) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kirby earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave media coverage about the shipping company an impact score of 44.7855755838376 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- 365 Connect Explores the Social Acceleration Effect on Multifamily Housing in Live Webcast (prnewswire.com)
- Kirby Star Allies review — this trip to Dream Land is a snooze (venturebeat.com)
- Seaspan (SSW) in Focus: Stock Moves 13.4% Higher (zacks.com)
- The RetroBeat: 1996’s Kirby Super Star remains the pink hero’s best outing (venturebeat.com)
- Kirby Co. (KEX) Expected to Announce Quarterly Sales of $698.90 Million (americanbankingnews.com)
A number of equities research analysts have recently issued reports on the stock. Stephens restated a “hold” rating and issued a $70.00 target price on shares of Kirby in a research note on Wednesday, January 10th. Zacks Investment Research upgraded shares of Kirby from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Tuesday, February 6th. Bank of America increased their price objective on shares of Kirby from $66.00 to $69.00 and gave the stock an “underperform” rating in a research note on Thursday, February 1st. Gabelli started coverage on shares of Kirby in a research note on Tuesday, January 16th. They set a “hold” rating and a $80.00 price objective on the stock. Finally, Evercore ISI upgraded shares of Kirby from an “in-line” rating to an “outperform” rating and set a $86.00 price objective on the stock in a research note on Thursday, February 1st. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $79.40.
Kirby (KEX) traded up $1.00 on Friday, reaching $76.50. 473,994 shares of the company traded hands, compared to its average volume of 479,561. The firm has a market capitalization of $4,544.17, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 2.17 and a beta of 0.97. Kirby has a 52-week low of $59.25 and a 52-week high of $80.90. The company has a current ratio of 1.99, a quick ratio of 1.34 and a debt-to-equity ratio of 0.32.
Kirby (NYSE:KEX) last released its quarterly earnings data on Wednesday, January 31st. The shipping company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.03. The firm had revenue of $708.10 million for the quarter, compared to analyst estimates of $612.61 million. Kirby had a net margin of 14.14% and a return on equity of 4.17%. Kirby’s quarterly revenue was up 62.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 earnings per share. equities analysts anticipate that Kirby will post 2.8 EPS for the current year.
In other Kirby news, VP David R. Mosley sold 5,694 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $73.37, for a total value of $417,768.78. Following the completion of the transaction, the vice president now owns 17,692 shares in the company, valued at approximately $1,298,062.04. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Monte J. Miller sold 2,336 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $77.10, for a total transaction of $180,105.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,430 shares of company stock worth $854,762. 2.40% of the stock is owned by company insiders.
Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. The Company, through its subsidiaries, operates in two segments: Marine Transportation and Diesel Engine Services.
Receive News & Ratings for Kirby Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirby and related companies with MarketBeat.com's FREE daily email newsletter.