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: $2.84 billion
  • Outstanding Shares: 51,423,000
Average Prices:
  • 50 Day Moving Avg: $51.65
  • 200 Day Moving Avg: $49.76
  • 52 Week Range: $33.17 - $55.40
P/E:
  • Trailing P/E Ratio: 37.33
  • Foreward P/E Ratio: 14.28
  • P/E Growth: 0.72
Sales & Book Value:
  • Annual Revenue: $1.6 billion
  • Price / Sales: 1.78
  • Book Value: $44.38 per share
  • Price / Book: 1.24
Profitability:
  • EBITDA: $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: 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?

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 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?

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?

One share of KLX stock can currently be purchased for approximately $55.25.


MarketBeat Community Rating for KLX (NASDAQ KLXI)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  295
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: $55.40 (0.27% upside)
Consensus Price Target History for KLX (NASDAQ:KLXI)
Price Target History for KLX (NASDAQ:KLXI)
Analysts' Ratings History for KLX (NASDAQ:KLXI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Cowen and CompanyReiterated RatingBuy$57.00N/AView 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
(Data available from 10/23/2015 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)
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Chart

KLX (KLXI) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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