Zacks Research Comments on Kirby's Q3 Earnings (NYSE:KEX)

Key Points

• Zacks Research has revised down their Q3 2025 earnings estimates for Kirby Corporation (NYSE:KEX) from $1.85 to $1.66 per share, impacting future earnings projections as well.
• Kirby reported Q2 earnings of $1.67 per share, exceeding expectations, with revenues also outperforming the consensus estimate at $855.46 million.
• Bank of America has upgraded Kirby's stock rating to "buy," increasing its target price from $116.00 to $125.00.

Kirby Corporation (NYSE:KEX - Free Report) - Stock analysts at Zacks Research cut their Q3 2025 earnings estimates for shares of Kirby in a report released on Thursday, August 14th. Zacks Research analyst Team now forecasts that the shipping company will post earnings of $1.66 per share for the quarter, down from their previous forecast of $1.85. The consensus estimate for Kirby's current full-year earnings is $6.57 per share. Zacks Research also issued estimates for Kirby's FY2025 earnings at $6.31 EPS, Q3 2026 earnings at $1.83 EPS, Q4 2026 earnings at $2.06 EPS, FY2026 earnings at $7.19 EPS, Q1 2027 earnings at $1.59 EPS and Q2 2027 earnings at $1.82 EPS.

Kirby (NYSE:KEX - Get Free Report) last announced its earnings results on Thursday, July 31st. The shipping company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.59 by $0.08. The business had revenue of $855.46 million during the quarter, compared to the consensus estimate of $851.94 million. Kirby had a net margin of 9.25% and a return on equity of 10.02%. Kirby's revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.43 EPS.

Separately, Bank of America lifted their target price on shares of Kirby from $116.00 to $125.00 and gave the stock a "buy" rating in a report on Friday, May 16th.

Kirby Stock Performance

Shares of KEX stock opened at $96.59 on Monday. The company has a market capitalization of $5.39 billion, a price-to-earnings ratio of 18.26, a PEG ratio of 0.97 and a beta of 1.01. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.12 and a current ratio of 1.74. The company has a 50-day simple moving average of $111.24 and a 200 day simple moving average of $105.48. Kirby has a 52 week low of $83.94 and a 52 week high of $132.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Kirby by 244.8% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 231 shares of the shipping company's stock worth $26,000 after acquiring an additional 164 shares during the period. Maseco LLP bought a new stake in shares of Kirby during the 2nd quarter worth approximately $28,000. Colonial Trust Co SC lifted its holdings in shares of Kirby by 295.3% during the 4th quarter. Colonial Trust Co SC now owns 253 shares of the shipping company's stock worth $27,000 after acquiring an additional 189 shares during the period. IFP Advisors Inc bought a new stake in shares of Kirby during the 2nd quarter worth approximately $29,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of Kirby during the 1st quarter worth approximately $28,000. Institutional investors and hedge funds own 96.15% of the company's stock.

About Kirby

Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii.

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