KLX Company Profile (NASDAQ:KLXI)

About KLX (NASDAQ:KLXI)

KLX logoKLX Inc. (KLX) is the distributor and service provider of aerospace fasteners and consumables. The Company offers ranges of aerospace hardware and consumables and inventory management services across the world. The Company operates through two segments: Aerospace Solutions Group (ASG) and Energy Services Group (ESG). The Company's ASG segment service offerings include inventory management and replenishment, creative and differential supply chain solutions, such as third-party logistics programs, special packaging and bar-coding, parts kitting, quality assurance testing and a range of purchasing assistance programs, plus the electronic data interchange capability. The Company's ESG segment products and services include onshore completion services, wireline services, fishing services and tools, down-hole completion and production services, pressure control, accommodations and related surface rental equipment, and remanufacturing shops.

Industry, Sector and Symbol:
  • Sector: Aerospace
  • Industry: Industrial Machinery & Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:KLXI
  • CUSIP: N/A
  • Web: www.klx.com
Capitalization:
  • Market Cap: $2.72 billion
  • Outstanding Shares: 51,423,000
Average Prices:
  • 50 Day Moving Avg: $49.00
  • 200 Day Moving Avg: $48.46
  • 52 Week Range: $32.23 - $54.40
P/E:
  • Trailing P/E Ratio: 35.645
  • Foreward P/E Ratio: 13.67
  • P/E Growth: 0.640
Sales & Book Value:
  • Annual Revenue: $1.6 billion
  • Price / Sales: 1.70
  • Book Value: $44.38 per share
  • Price / Book: 1.19
Profitability:
  • EBIDTA: $240.7 million
  • Net Margins: 4.83%
  • Return on Equity: 4.43%
  • Return on Assets: 2.66%
Debt:
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 7.28%
  • Quick Ratio: 2.27%
Misc:
  • Average Volume: 396,503 shs.
  • Beta: 1.29
  • Short Ratio: 9.21
 

Frequently Asked Questions for KLX (NASDAQ:KLXI)

What is KLX's stock symbol?

KLX trades on the NASDAQ under the ticker symbol "KLXI."

How will KLX's stock buyback program work?

KLX announced that its Board of Directors has initiated a share buyback program on Sunday, April 9th 2017, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 4.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

How were KLX's earnings last quarter?

KLX Inc. (NASDAQ:KLXI) posted its quarterly earnings results on Wednesday, August, 23rd. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.06. The business earned $430.60 million during the quarter, compared to analyst estimates of $423.08 million. KLX had a net margin of 4.83% and a return on equity of 4.43%. KLX's revenue for the quarter was up 13.6% compared to the same quarter last year. View KLX's Earnings History.

When will KLX make its next earnings announcement?

KLX is scheduled to release their next quarterly earnings announcement on Thursday, December, 14th 2017. View Earnings Estimates for KLX.

What guidance has KLX issued on next quarter's earnings?

KLX issued an update on its FY18 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share (EPS) guidance of ~$3.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.08. The company issued revenue guidance of +17% YoiY to ~$1.75 billion, compared to the consensus revenue estimate of $1.73 billion.

Where is KLX's stock going? Where will KLX's stock price be in 2017?

5 brokers have issued twelve-month target prices for KLX's stock. Their predictions range from $51.00 to $64.00. On average, they expect KLX's stock price to reach $55.00 in the next year. View Analyst Ratings for KLX.

What are analysts saying about KLX stock?

Here are some recent quotes from research analysts about KLX stock:

  • 1. According to Zacks Investment Research, "KLX Inc. is a distributor and service provider of aerospace fasteners and consumables. The Company operates in two segments: Aerospace Solutions Group and Energy Services Group. The Aerospace Solutions Group provides fasteners, consumable products, and logistics services to aerospace customers. The Energy Services Group provides services and logistics for oil and gas drilling sites. It also provides aerospace hardware, and inventory management services. KLX Inc. is based in United States. " (8/29/2017)
  • 2. Cowen and Company analysts commented, "Q4 results were underwhelming, given $0.15 of help below-the-line" & inorganic lift." (3/7/2017)

Who are some of KLX's key competitors?

Who are KLX's key executives?

KLX's management team includes the folowing people:

  • Amin J. Khoury, Chairman of the Board, Chief Executive Officer
  • Thomas P. McCaffrey, President, Chief Operating Officer
  • Michael F. Senft, Chief Financial Officer, Vice President, Treasurer
  • Heather Floyd, Vice President – Finance and Corporate Controller
  • Roger Mark Franks, General Counsel, Vice President—Law and Human Resources
  • John A. Cuomo, Vice President and General Manager, Aerospace Solutions Group
  • Gary J. Roberts, Vice President and General Manager, Energy Services Group
  • John T. Collins, Independent Director
  • Peter V. Del Presto, Independent Director
  • Richard G. Hamermesh, Independent Director

Who owns KLX stock?

KLX's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.16%), Franklin Resources Inc. (8.82%), Vanguard Group Inc. (8.32%), Dimensional Fund Advisors LP (6.27%), Goldman Sachs Group Inc. (4.69%) and State Street Corp (4.36%). Company insiders that own KLX stock include Amin J Khoury, Heather Floyd, John T Collins, Michael F Senft, Richard Hamermesh, Roger Mark Franks, Theodore L Weise and Thomas P Mccaffrey. View Institutional Ownership Trends for KLX.

Who sold KLX stock? Who is selling KLX stock?

KLX's stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Goldman Sachs Group Inc., Samlyn Capital LLC, Castleark Management LLC, OxFORD Asset Management LLP, Franklin Resources Inc., Federated Investors Inc. PA and River Road Asset Management LLC. Company insiders that have sold KLX stock in the last year include Heather Floyd, Michael F Senft and Roger Mark Franks. View Insider Buying and Selling for KLX.

Who bought KLX stock? Who is buying KLX stock?

KLX's stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Dimensional Fund Advisors LP, FMR LLC, First Eagle Investment Management LLC, Macquarie Group Ltd., Emerald Advisers Inc. PA, Westfield Capital Management Co. LP and State Street Corp. Company insiders that have bought KLX stock in the last two years include Amin J Khoury, John T Collins, Richard Hamermesh, Theodore L Weise and Thomas P Mccaffrey. View Insider Buying and Selling for KLX.

How do I buy KLX stock?

Shares of KLX can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is KLX's stock price today?

One share of KLX stock can currently be purchased for approximately $52.91.


MarketBeat Community Rating for KLX (NASDAQ KLXI)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  166 (Vote Underperform)
Total Votes:  281
MarketBeat's community ratings are surveys of what our community members think about KLX and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for KLX (NASDAQ:KLXI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $55.00 (3.95% upside)

Analysts' Ratings History for KLX (NASDAQ:KLXI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/24/2017Cowen and CompanyReiterated RatingOutperform$52.00 -> $55.00LowView Rating Details
8/24/2017Jefferies Group LLCReiterated RatingHold -> Hold$55.00 -> $51.00HighView Rating Details
4/19/2017Deutsche Bank AGBoost Price TargetHold$51.00 -> $52.00HighView Rating Details
1/20/2017GabelliInitiated CoverageBuy$64.00N/AView Rating Details
1/19/2017SunTrust Banks, Inc.Initiated CoverageBuy$53.00N/AView Rating Details
6/17/2016KeyCorpUpgradeSector Weight -> Overweight$40.00N/AView Rating Details
12/2/2015Royal Bank Of CanadaUpgradeUnderperform -> Sector Perform$36.00 -> $34.00N/AView Rating Details
11/13/2015Sterne Agee CRTLower Price TargetNeutral$38.00 -> $30.00N/AView Rating Details
10/7/2015Cantor FitzgeraldInitiated CoverageBuy$50.00N/AView Rating Details
(Data available from 9/23/2015 forward)

Earnings

Earnings History for KLX (NASDAQ:KLXI)
Earnings by Quarter for KLX (NASDAQ:KLXI)
Earnings History by Quarter for KLX (NASDAQ KLXI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/6/2017$0.80N/AView Earnings Details
8/23/2017Q2 2018$0.67$0.73$423.08 million$430.60 millionViewN/AView Earnings Details
5/24/2017Q1 2018$0.30$0.36$409.95 million$411.30 millionViewN/AView Earnings Details
3/7/2017Q4 2017$0.27$0.44$399.10 million$382.00 millionViewListenView Earnings Details
12/8/2016Q316$0.50$0.57$384.83 million$389.00 millionViewListenView Earnings Details
8/24/2016Q216$0.27$0.49$402.30 million$391.40 millionViewListenView Earnings Details
5/23/2016Q116$0.52$0.42$431.50 million$368.20 millionViewListenView Earnings Details
3/8/2016Q415$0.44$0.49$368.63 million$358.20 millionViewListenView Earnings Details
12/1/2015Q315$0.44$0.48$382.00 million$365.00 millionViewListenView Earnings Details
8/25/2015Q215$0.55$0.57$424.88 million$412.70 millionViewListenView Earnings Details
5/20/2015Q1$0.69$0.70$454.50 million$431.50 millionViewListenView Earnings Details
2/23/2015Q414$0.76$1.23$451.60 million$440.70 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for KLX (NASDAQ:KLXI)
2017 EPS Consensus Estimate: $1.95
2018 EPS Consensus Estimate: $1.95
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.46$0.46$0.46
Q2 20171$0.46$0.46$0.46
Q3 20171$0.48$0.48$0.48
Q4 20172$0.29$0.80$0.55
Q1 20182$0.31$0.32$0.32
Q2 20182$0.41$0.42$0.42
Q3 20182$0.49$0.50$0.50
Q4 20182$0.67$0.77$0.72
(Data provided by Zacks Investment Research)

Dividends

Dividend History for KLX (NASDAQ:KLXI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for KLX (NASDAQ:KLXI)
Insider Ownership Percentage: 1.77%
Insider Trades by Quarter for KLX (NASDAQ:KLXI)
Institutional Ownership by Quarter for KLX (NASDAQ:KLXI)
Insider Trades by Quarter for KLX (NASDAQ:KLXI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/12/2017Heather FloydVPSell250$52.00$13,000.00View SEC Filing  
6/9/2017Heather FloydVPSell466$51.14$23,831.24View SEC Filing  
5/26/2017Roger Mark FranksInsiderSell2,447$47.70$116,721.90View SEC Filing  
3/8/2017Michael F SenftVPSell2,328$47.19$109,858.32View SEC Filing  
1/4/2017Heather FloydVPSell5,019$47.21$236,946.99View SEC Filing  
12/12/2016Heather FloydVPSell1,789$46.05$82,383.45View SEC Filing  
9/30/2016Heather FloydVPSell403$35.05$14,125.15View SEC Filing  
5/26/2016Roger Mark FranksVPSell5,270$33.22$175,069.40View SEC Filing  
5/23/2016Theodore L WeiseDirectorBuy2,000$30.43$60,860.00View SEC Filing  
3/18/2016Heather FloydVPSell405$32.50$13,162.50View SEC Filing  
1/8/2016John T CollinsDirectorBuy5,000$28.02$140,100.00View SEC Filing  
12/4/2015Richard HamermeshDirectorBuy3,000$39.93$119,790.00View SEC Filing  
12/2/2015Amin J KhouryChairmanBuy6,000$33.74$202,440.00View SEC Filing  
12/2/2015Thomas P MccaffreyInsiderBuy3,000$33.75$101,250.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for KLX (NASDAQ:KLXI)
Latest Headlines for KLX (NASDAQ:KLXI)
Source:
DateHeadline
finance.yahoo.com logoKLX, Inc. breached its 50 day moving average in a Bullish Manner : KLXI-US : September 20, 2017
finance.yahoo.com - September 21 at 12:29 PM
finance.yahoo.com logoKLX Inc. Businesses Modestly Impacted by Hurricanes Harvey and Irma
finance.yahoo.com - September 18 at 7:46 PM
americanbankingnews.com logoKLX Inc. (KLXI) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 17 at 4:40 AM
americanbankingnews.com logoHead to Head Contrast: KLX (KLXI) & Its Competitors
www.americanbankingnews.com - September 17 at 12:30 AM
americanbankingnews.com logoIngersoll-Rand PLC (Ireland) (IR) versus KLX (KLXI) Critical Analysis
www.americanbankingnews.com - September 16 at 4:36 PM
americanbankingnews.com logoContrasting KLX (KLXI) & Its Competitors
www.americanbankingnews.com - September 14 at 10:22 PM
americanbankingnews.com logoHead-To-Head Comparison: American Outdoor Brands Corporation (AOBC) versus KLX (KLXI)
www.americanbankingnews.com - September 12 at 2:32 PM
americanbankingnews.com logoReviewing SPX Corporation (SPXC) and KLX (KLXI)
www.americanbankingnews.com - September 6 at 4:06 PM
finance.yahoo.com logoETFs with exposure to KLX, Inc. : August 31, 2017
finance.yahoo.com - September 1 at 1:56 AM
feeds.benzinga.com logoKLX Inc. to Participate at the Gabelli Aerospace & Defense Conference in New York on September 7, 2017
feeds.benzinga.com - August 31 at 4:45 PM
americanbankingnews.com logoHead to Head Survey: KLX (KLXI) and Rexnord Corporation (RXN)
www.americanbankingnews.com - August 31 at 12:23 AM
americanbankingnews.com logoAnalysts Issue Forecasts for KLX Inc.'s FY2021 Earnings (KLXI)
www.americanbankingnews.com - August 28 at 11:22 AM
americanbankingnews.com logoSunTrust Banks Research Analysts Lift Earnings Estimates for KLX Inc. (KLXI)
www.americanbankingnews.com - August 28 at 9:52 AM
finance.yahoo.com logoKLX, Inc. :KLXI-US: Earnings Analysis: Q2, 2018 By the Numbers : August 25, 2017
finance.yahoo.com - August 26 at 6:36 AM
seekingalpha.com logoKLX Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 25 at 7:37 AM
americanbankingnews.com logoKLX Inc. (KLXI) Rating Reiterated by Cowen and Company
www.americanbankingnews.com - August 24 at 7:36 PM
americanbankingnews.com logoJefferies Group LLC Trims KLX Inc. (KLXI) Target Price to $51.00
www.americanbankingnews.com - August 24 at 10:56 AM
finance.yahoo.com logoKLX, Inc. – Value Analysis (NASDAQ:KLXI) : August 23, 2017
finance.yahoo.com - August 24 at 8:27 AM
finance.yahoo.com logoEdited Transcript of KLXI earnings conference call or presentation 23-Aug-17 1:00pm GMT
finance.yahoo.com - August 24 at 8:27 AM
americanbankingnews.com logoKLX Inc. (KLXI) Issues Quarterly Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - August 23 at 9:10 AM
americanbankingnews.com logoKLX Inc. (KLXI) Issues FY18 Earnings Guidance
www.americanbankingnews.com - August 23 at 9:10 AM
seekingalpha.com logoKLX EPS in-line, beats on revenue
seekingalpha.com - August 23 at 8:03 AM
finance.yahoo.com logo9 Stocks First Eagle Continues to Buy
finance.yahoo.com - August 23 at 8:02 AM
finance.yahoo.com logoKLX Inc. Reports Strong Second Quarter 2017 Financial Results
finance.yahoo.com - August 23 at 8:02 AM
finance.yahoo.com logoKLX misses 2Q profit forecasts
finance.yahoo.com - August 23 at 8:02 AM
americanbankingnews.com logoKLX Inc. (KLXI) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 23 at 4:44 AM
americanbankingnews.com logoKLX (KLXI) vs. Ingersoll-Rand PLC (Ireland) (IR) Head to Head Comparison
www.americanbankingnews.com - August 23 at 12:10 AM
americanbankingnews.com logoKLX Inc. (KLXI) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 19 at 5:20 PM
americanbankingnews.com logoKLX Inc. (KLXI) to Release Earnings on Wednesday
www.americanbankingnews.com - August 16 at 2:08 AM
globenewswire.com logoKLX Inc. Schedules 2017 Second Quarter Earnings Release and Conference Call ...
globenewswire.com - August 15 at 12:37 AM
feeds.benzinga.com logoKLX Inc. Schedules 2017 Second Quarter Earnings Release and Conference Call for August 23, 2017
feeds.benzinga.com - August 14 at 10:43 AM
americanbankingnews.com logoHead-To-Head Review: Snap-On (SNA) & KLX (KLXI)
www.americanbankingnews.com - August 13 at 4:16 AM
finance.yahoo.com logoKLX, Inc. breached its 50 day moving average in a Bearish Manner : KLXI-US : August 11, 2017
finance.yahoo.com - August 12 at 1:54 AM
finance.yahoo.com logoBreakout Watch: Aerospace Stock With 158% Growth Up Ahead Of Earnings
finance.yahoo.com - August 8 at 7:59 PM
americanbankingnews.com logo Brokerages Anticipate KLX Inc. (NASDAQ:KLXI) Will Announce Quarterly Sales of $428.40 Million
www.americanbankingnews.com - August 8 at 7:44 AM
americanbankingnews.com logo Brokerages Expect KLX Inc. (NASDAQ:KLXI) to Announce $0.67 Earnings Per Share
www.americanbankingnews.com - August 6 at 12:28 PM
globenewswire.com logoKLX Inc. to Participate at the Jefferies Industrials Conference in New York on ...
globenewswire.com - August 1 at 12:45 AM
finance.yahoo.com logoKLX Inc. to Participate at the Jefferies Industrials Conference in New York on August 8, 2017
finance.yahoo.com - July 31 at 7:42 PM
americanbankingnews.com logoKLX Inc. (NASDAQ:KLXI) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - July 29 at 7:45 AM
americanbankingnews.com logoKLX Inc. (NASDAQ:KLXI) Receives Buy Rating from Cowen and Company
www.americanbankingnews.com - July 17 at 11:54 AM
americanbankingnews.com logoKLX Inc. (NASDAQ:KLXI) Expected to Post Earnings of $0.67 Per Share
www.americanbankingnews.com - July 17 at 11:29 AM
americanbankingnews.com logoKLX Inc. (KLXI) VP Heather Floyd Sells 250 Shares
www.americanbankingnews.com - July 12 at 8:42 PM
finance.yahoo.com logoRockwell (COL) Approves Stock Repurchase Plan Worth $200M
finance.yahoo.com - July 12 at 1:53 AM
americanbankingnews.com logoKLX Inc. (KLXI) Upgraded at BidaskClub
www.americanbankingnews.com - July 8 at 6:00 PM
finance.yahoo.com logoWhy KLX Inc. (KLI) Stock Might be a Great Pick
finance.yahoo.com - July 7 at 6:48 AM
finance.yahoo.com logoWhy KLX (KLXI) Could Shock the Market Soon
finance.yahoo.com - July 6 at 7:05 AM
americanbankingnews.com logoKLX Inc. (NASDAQ:KLXI) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - July 4 at 10:26 AM
americanbankingnews.com logoKLX Inc. (NASDAQ:KLXI) Upgraded by Zacks Investment Research to "Strong-Buy"
www.americanbankingnews.com - July 1 at 8:04 AM
americanbankingnews.com logo Analysts Expect KLX Inc. (KLXI) Will Post Quarterly Sales of $428.40 Million
www.americanbankingnews.com - June 23 at 5:52 PM
finance.yahoo.com logoKLX, Inc. breached its 50 day moving average in a Bearish Manner : KLXI-US : June 22, 2017
finance.yahoo.com - June 22 at 12:44 PM

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Chart

KLX (KLXI) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff