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Kirby Corporation (NYSE: KEX) Stock Analysis: Wolfe Research Maintains "Outperform" Rating
Financial Modeling Prep· 2026-01-30 19:04
Core Viewpoint - Kirby Corporation is a significant entity in the marine transportation and diesel engine services sector, operating a large fleet for bulk liquid transportation and providing diesel engine services across various industries [1] Group 1: Stock Ratings and Price Targets - Wolfe Research maintains an "Outperform" rating for Kirby, raising its price target from $134 to $136, indicating confidence in the company's future performance [2] - BTIG Research downgraded its price target for Kirby from $140 to $135, leading to a decline in the stock price, but still maintains a buy rating [3] - Citigroup raised its price target for Kirby from $131 to $145, reflecting optimism about the company's future prospects [4] - Wall Street Zen upgraded Kirby from a hold to a buy rating, while Evercore ISI increased its price objective from $109 to $122, giving the stock an outperform rating [4][6] Group 2: Stock Performance - Kirby's current stock price is $122.17, down approximately 4.65% from its previous close, with a market capitalization of about $6.82 billion [5] - The stock has traded between $115 and $123.50 on the day, and over the past year, it has seen a high of $132.18 and a low of $79.52, indicating significant volatility [5]
Kirby Corporation (NYSE:KEX) Receives Upgrade from Citigroup
Financial Modeling Prep· 2026-01-20 17:00
Company Overview - Kirby Corporation (NYSE:KEX) is a leading provider of marine transportation and diesel engine services, operating a fleet of inland tank barges and towing vessels to transport bulk liquid products across the United States [1] - The company also offers diesel engine services for the marine, power generation, and industrial sectors, with main competitors including Ingram Barge Company and American Commercial Lines [1] Stock Performance - On January 20, 2026, Citigroup upgraded Kirby's stock to a "Buy" rating, increasing the price target from $131 to $145, reflecting confidence in the company's future performance and growth potential [2] - Currently, KEX is trading at $125.88, showing a slight decrease of 0.34% or $0.43, with fluctuations today ranging from a low of $125.37 to a high of $127.21 [3] - Over the past year, KEX has experienced a high of $127.21 and a low of $79.52, indicating volatility in its stock price [3] Market Capitalization and Trading Activity - Kirby's market capitalization is approximately $7.02 billion, representing the total market value of its outstanding shares [4] - The trading volume on the NYSE is 761,275 shares, indicating active investor interest which can influence stock price movements and overall market perception [4]
Kirby Corporation (NYSE: KEX) Receives New Price Target from Wolfe Research
Financial Modeling Prep· 2026-01-09 03:04
Company Overview - Kirby Corporation (NYSE:KEX) is a significant entity in the marine transportation and diesel engine services sector, operating a fleet of inland tank barges and towing vessels for bulk liquid product transportation [1] - The company also provides diesel engine services to marine, power generation, and industrial markets, competing with firms like Ingram Barge Company and American Commercial Barge Line [1] Stock Performance and Analyst Ratings - On January 8, 2026, Wolfe Research set a new price target of $134 for KEX, indicating a potential increase of 6.36% from its trading price of $125.99 [2] - The stock has a "Moderate Buy" consensus from seven analysts, with five buy ratings and two hold ratings [2] - The average 12-month price target from analysts is $124.00, slightly below the current trading price [3] - Bank of America lowered its price objective for Kirby from $110.00 to $107.00 but maintained a "buy" rating, while Wall Street Zen upgraded the stock from "hold" to "buy" [3] Price Target Adjustments - Evercore ISI increased their price target for Kirby from $109.00 to $122.00, assigning an "outperform" rating [4] - Weiss Ratings reiterated a "hold (c+)" rating on the company's shares [4] Market Capitalization and Trading Data - Kirby's market capitalization is approximately $7.12 billion, with a trading volume of 738,717 shares [5] - The stock's highest price over the past year is $126.06, while the lowest was $79.52, indicating resilience and growth potential in the competitive industry [5][6]
Skylands Capital Invests Heavily in Kirby Corp. (KEX) With a 46,750 Share Purchase
The Motley Fool· 2025-11-09 17:32
Core Insights - Skylands Capital increased its position in Kirby Corporation by 46,750 shares, valued at $8.77 million, reflecting a change of $2.15 million based on quarterly average prices [1] - Kirby Corporation's stock price as of November 5, 2025, was $106.25, down 9.2% over the past year, underperforming the S&P 500 by 26.8 percentage points [2] - Kirby Corporation reported a revenue of $3.31 billion and a net income of $305.58 million for the trailing twelve months [3] Investment Activity - Skylands Capital's investment in Kirby now represents 1.21% of its 13F assets under management, with Kirby being the 23rd largest holding out of 163 total [2][5] - The firm raised its stake in Kirby by 80% in the third quarter of 2025, and the stock was up by 29% from its price at the end of September [5] Company Overview - Kirby Corporation specializes in marine transportation and diesel engine services, focusing on transporting bulk liquid products and providing engine maintenance [4] - The company serves major petrochemical, refining, and agricultural companies primarily in the United States, leveraging a diversified fleet and technical expertise [4] Financial Performance - Kirby's third-quarter sales increased by $40 million year over year, contributing to an expansion in its bottom line, with earnings per share rising by 6% year over year [6] - Power generation revenue surged by 56% year over year, driven by strong demand in data centers, despite challenges in the coastal marine segment [6]