$0.63 EPS Expected for Kirby Corporation (KEX)

October 14, 2018 - By Hazel Jackson

Investors sentiment increased to 1.25 in 2018 Q2. Its up 0.38, from 0.87 in 2018Q1. It improved, as 16 investors sold Kirby Corporation shares while 77 reduced holdings. 40 funds opened positions while 76 raised stakes. 54.93 million shares or 1.38% more from 54.19 million shares in 2018Q1 were reported.
Federated Pa invested 0.01% in Kirby Corporation (NYSE:KEX). Adell Harriman & Carpenter holds 0% or 3,465 shares. Arrowmark Colorado Ltd Liability Corp, Colorado-based fund reported 2.16 million shares. Louisiana State Employees Retirement Systems, Louisiana-based fund reported 14,500 shares. Service Automobile Association holds 0.02% or 525,974 shares in its portfolio. 27,556 were accumulated by Mason Street Advsrs Ltd Liability. Moreover, World Investors has 0.04% invested in Kirby Corporation (NYSE:KEX) for 2.20M shares. Shelton Cap Mgmt owns 3,748 shares. Rice Hall James & Assoc Ltd Liability stated it has 0.12% in Kirby Corporation (NYSE:KEX). The Kentucky-based Teachers Retirement Systems Of The State Of Kentucky has invested 0.01% in Kirby Corporation (NYSE:KEX). Columbia Ptnrs L L C Investment Mngmt accumulated 26,490 shares or 0.63% of the stock. Campbell & Invest Adviser Limited Liability Corp has invested 0.17% in Kirby Corporation (NYSE:KEX). Twin Tree Management Lp reported 0% of its portfolio in Kirby Corporation (NYSE:KEX). Point72 Asset L P invested 0.01% of its portfolio in Kirby Corporation (NYSE:KEX). Massachusetts-based Fiduciary Tru has invested 0.01% in Kirby Corporation (NYSE:KEX).

Since April 30, 2018, it had 0 insider purchases, and 13 selling transactions for $26.07 million activity. O’Neil Christian G. sold $90,850 worth of Kirby Corporation (NYSE:KEX) on Monday, May 21. 930 shares were sold by DRAGG RONALD A, worth $79,696. On Wednesday, June 6 Reniers Joseph H. sold $236,777 worth of Kirby Corporation (NYSE:KEX) or 2,618 shares. $4.14 million worth of Kirby Corporation (NYSE:KEX) was sold by PYNE J H on Wednesday, August 29. Castro Renato A had sold 986 shares worth $88,937. ALARIO RICHARD J sold $1.47M worth of Kirby Corporation (NYSE:KEX) on Monday, April 30.

Analysts expect Kirby Corporation (NYSE:KEX) to report $0.63 EPS on November, 7.They anticipate $0.11 EPS change or 21.15 % from last quarter’s $0.52 EPS. KEX’s profit would be $37.72 million giving it 31.47 P/E if the $0.63 EPS is correct. After having $0.78 EPS previously, Kirby Corporation’s analysts see -19.23 % EPS growth. The stock increased 3.12% or $2.4 during the last trading session, reaching $79.31. About 683,405 shares traded or 53.83% up from the average. Kirby Corporation (NYSE:KEX) has risen 19.62% since October 14, 2017 and is uptrending. It has outperformed by 4.00% the S&P500.

Kirby Corporation (NYSE:KEX) Ratings Coverage

Among 3 analysts covering Kirby (NYSE:KEX), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Kirby had 4 analyst reports since April 27, 2018 according to SRatingsIntel. Stifel Nicolaus maintained Kirby Corporation (NYSE:KEX) on Friday, April 27 with “Buy” rating. Wells Fargo maintained the shares of KEX in report on Tuesday, May 1 with “Outperform” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, May 25 report. Gabelli upgraded Kirby Corporation (NYSE:KEX) on Monday, July 30 to “Buy” rating.

Kirby Corporation operates domestic tank barges in the United States. The company has market cap of $4.75 billion. The companyÂ’s Marine Transportation segment provides marine transportation services and towing vessels transporting bulk liquid products, as well as operates tank barges throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii. It has a 14.52 P/E ratio. This segment transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals by tank barges.

Kirby Corporation (NYSE:KEX) Institutional Positions Chart

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