About KLX (NASDAQ:KLXI)
KLX 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
- Market Cap: $2.84 billion
- Outstanding Shares: 51,423,000
- 50 Day Moving Avg: $51.65
- 200 Day Moving Avg: $49.76
- 52 Week Range: $33.17 - $55.40
Sales & Book Value:
- Trailing P/E Ratio: 37.33
- Foreward P/E Ratio: 14.28
- P/E Growth: 0.72
- Annual Revenue: $1.6 billion
- Price / Sales: 1.78
- Book Value: $44.38 per share
- Price / Book: 1.24
- EBITDA: $240.7 million
- Net Margins: 4.83%
- Return on Equity: 4.43%
- Return on Assets: 2.66%
- Debt-to-Equity Ratio: 0.52%
- Current Ratio: 7.28%
- Quick Ratio: 2.27%
- Average Volume: 348,886 shs.
- Beta: 1.32
- 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 declared that its Board of Directors has approved a share repurchase program on Sunday, April 9th 2017, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.
How were KLX's earnings last quarter?
KLX Inc. (NASDAQ:KLXI) announced its earnings results on Wednesday, August, 23rd. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.67 by $0.06. The firm earned $430.60 million during the quarter, compared to analyst estimates of $423.08 million. KLX had a return on equity of 4.43% and a net margin of 4.83%. The firm'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?
What guidance has KLX issued on next quarter's earnings?
KLX updated its FY18 earnings guidance on Wednesday, August, 23rd. The company provided 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 equities research analysts have issued 12-month price targets for KLX's stock. Their forecasts range from $51.00 to $64.00. On average, they expect KLX's stock price to reach $55.40 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?
Some companies that are related to KLX include Gardner Denver Holdings (GDI), Crane Company (CR), Woodward (WWD), Weir Group PLC (WEIR), Spirax-Sarco Engineering plc (SPX), Timken Company (The) (TKR), Barnes Group (B), IMI plc (IMI), Manitowoc Food Service (WBT), Rexnord Corporation (RXN), Hillenbrand (HI), Proto Labs (PRLB), Mueller Water Products (MWA), SPX FLOW (FLOW), Actuant Corporation (ATU), Kaman Corporation (KAMN), Comfort Systems USA (FIX) and Milacron Holdings Corp. (MCRN).
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 many different of institutional and retail investors. Top institutional investors include Mutual of America Capital Management LLC (0.08%), Quotient Investors LLC (0.07%) and State Treasurer State of Michigan (0.04%). 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 State Treasurer State of Michigan and Mutual of America Capital 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 bought by a variety of institutional investors in the last quarter, including Quotient Investors LLC. 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?
MarketBeat Community Rating for KLX (NASDAQ KLXI)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.
One share of KLX stock can currently be purchased for approximately $55.25.
Consensus Ratings for KLX (NASDAQ:KLXI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$55.40 (0.27% upside)|Consensus Price Target History for KLX (NASDAQ:KLXI)
Analysts' Ratings History for KLX (NASDAQ:KLXI)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/19/2017||Cowen and Company||Reiterated Rating||Buy||$57.00||N/A|
|8/24/2017||Jefferies Group LLC||Reiterated Rating||Hold -> Hold||$55.00 -> $51.00||High|
|4/19/2017||Deutsche Bank AG||Boost Price Target||Hold||$51.00 -> $52.00||High|
|1/19/2017||SunTrust Banks, Inc.||Initiated Coverage||Buy||$53.00||N/A|
|6/17/2016||KeyCorp||Upgrade||Sector Weight -> Overweight||$40.00||N/A|
|12/2/2015||Royal Bank Of Canada||Upgrade||Underperform -> Sector Perform||$36.00 -> $34.00||N/A|
|11/13/2015||Sterne Agee CRT||Lower Price Target||Neutral||$38.00 -> $30.00||N/A|
Earnings History for KLX (NASDAQ:KLXI)Earnings History by Quarter for KLX (NASDAQ KLXI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/23/2017||Q2 2018||$0.67||$0.73||$423.08 million||$430.60 million||View||N/A|
|5/24/2017||Q1 2018||$0.30||$0.36||$409.95 million||$411.30 million||View||N/A|
|3/7/2017||Q4 2017||$0.27||$0.44||$399.10 million||$382.00 million||View||Listen|
|12/8/2016||Q316||$0.50||$0.57||$384.83 million||$389.00 million||View||Listen|
|8/24/2016||Q216||$0.27||$0.49||$402.30 million||$391.40 million||View||Listen|
|5/23/2016||Q116||$0.52||$0.42||$431.50 million||$368.20 million||View||Listen|
|3/8/2016||Q415||$0.44||$0.49||$368.63 million||$358.20 million||View||Listen|
|12/1/2015||Q315||$0.44||$0.48||$382.00 million||$365.00 million||View||Listen|
|8/25/2015||Q215||$0.55||$0.57||$424.88 million||$412.70 million||View||Listen|
|5/20/2015||Q1||$0.69||$0.70||$454.50 million||$431.50 million||View||Listen|
|2/23/2015||Q414||$0.76||$1.23||$451.60 million||$440.70 million||View||Listen|
Earnings Estimates for KLX (NASDAQ:KLXI)
2017 EPS Consensus Estimate: $1.95
2018 EPS Consensus Estimate: $1.95
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for KLX (NASDAQ:KLXI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for KLX (NASDAQ:KLXI)
Insider Ownership Percentage: 1.77%Insider Trades by Quarter for KLX (NASDAQ:KLXI)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/12/2017||Heather Floyd||VP||Sell||250||$52.00||$13,000.00|| |
|6/9/2017||Heather Floyd||VP||Sell||466||$51.14||$23,831.24|| |
|5/26/2017||Roger Mark Franks||Insider||Sell||2,447||$47.70||$116,721.90|| |
|3/8/2017||Michael F Senft||VP||Sell||2,328||$47.19||$109,858.32|| |
|1/4/2017||Heather Floyd||VP||Sell||5,019||$47.21||$236,946.99|| |
|12/12/2016||Heather Floyd||VP||Sell||1,789||$46.05||$82,383.45|| |
|9/30/2016||Heather Floyd||VP||Sell||403||$35.05||$14,125.15|| |
|5/26/2016||Roger Mark Franks||VP||Sell||5,270||$33.22||$175,069.40|| |
|5/23/2016||Theodore L Weise||Director||Buy||2,000||$30.43||$60,860.00|| |
|3/18/2016||Heather Floyd||VP||Sell||405||$32.50||$13,162.50|| |
|1/8/2016||John T Collins||Director||Buy||5,000||$28.02||$140,100.00|| |
|12/4/2015||Richard Hamermesh||Director||Buy||3,000||$39.93||$119,790.00|| |
|12/2/2015||Amin J Khoury||Chairman||Buy||6,000||$33.74||$202,440.00|| |
|12/2/2015||Thomas P Mccaffrey||Insider||Buy||3,000||$33.75||$101,250.00|| |
Headline Trends for KLX (NASDAQ:KLXI)
Latest Headlines for KLX (NASDAQ:KLXI)
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KLX (KLXI) Chart for Monday, October, 23, 2017