Kirby(US:KEX) ZACKSยท2024-09-05 14:51Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to enhance investment confidence [1][2] - The service includes Zacks Style Scores, which are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Group 2: Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, assigning ratings from A to F, where A indicates the highest potential for outperformance [3][4] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [3] - The Growth Score assesses a company's future prospects through projected earnings and sales growth [4] - The Momentum Score identifies stocks with favorable price trends and earnings outlooks [4] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors [5] Group 3: Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to identify winning stocks, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the best chances of high returns [9] Group 4: Company Spotlight - Kirby Corporation - Kirby Corporation (KEX) is the largest domestic tank barge operator in the U.S., transporting bulk liquid products across various waterways [11] - KEX holds a Zacks Rank of 3 (Hold) with a VGM Score of A and a Momentum Style Score of B, having seen a 3.4% increase in shares over the past four weeks [12] - Recent upward revisions in earnings estimates by analysts have increased the Zacks Consensus Estimate for KEX to $5.44 per share, with an average earnings surprise of 8.7% [12][13]