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 - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:KLXI
- CUSIP: N/A
- Web: www.klx.com
- Market Cap: $2.43822 billion
- Outstanding Shares: 51,723,000
- 50 Day Moving Avg: $48.99
- 200 Day Moving Avg: $47.59
- 52 Week Range: $29.28 - $53.13
Sales & Book Value:
- Trailing P/E Ratio: 38.33
- Foreward P/E Ratio: 17.14
- P/E Growth: 1.06
- Annual Revenue: $1.55 billion
- Price / Sales: 1.57
- Book Value: $43.27 per share
- Price / Book: 1.09
- EBIDTA: $221.4 million
- Net Margins: 4.24%
- Return on Equity: 3.99%
- Return on Assets: 2.39%
- Debt-to-Equity Ratio: 0.53%
- Current Ratio: 6.98%
- Quick Ratio: 2.15%
- Average Volume: 405,998 shs.
- Beta: 1.27
- Short Ratio: 7.42
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 has initiated a stock repurchase program on Sunday, April 9th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.
How were KLX's earnings last quarter?
KLX Inc. (NASDAQ:KLXI) posted its quarterly earnings data on Wednesday, May, 24th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.06. The company had revenue of $411.30 million for the quarter, compared to the consensus estimate of $409.95 million. KLX had a net margin of 4.24% and a return on equity of 3.99%. View KLX's Earnings History.
When will KLX make its next earnings announcement?
What guidance has KLX issued on next quarter's earnings?
KLX issued an update on its FY18 earnings guidance on Monday, April, 17th. The company provided EPS guidance of $3.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.88. The company issued revenue guidance of $1.75 billion, compared to the consensus revenue estimate of $1.67 billion.
Where is KLX's stock going? Where will KLX's stock price be in 2017?
5 brokerages have issued 12 month price objectives for KLX's shares. Their predictions range from $52.00 to $64.00. On average, they expect KLX's share price to reach $55.25 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. " (5/18/2017)
- 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 Crane Company (CR), Woodward (WWD), Spirax-Sarco Engineering plc (SPX), Gardner Denver Holdings (GDI), Weir Group PLC (WEIR), Timken Company (The) (TKR), IMI plc (IMI), Barnes Group (B), Manitowoc Food Service (WBT), Hillenbrand (HI), MUELLER WATER PRODUCTS (MWA), Proto Labs (PRLB), SPX FLOW (FLOW), Actuant Corporation (ATU), Kaman Corporation (KAMN), American Outdoor Brands Corporation (AOBC), Milacron Holdings Corp. (MCRN) and Hill & Smith Holdings PLC (HILS).
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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.19%), Vanguard Group Inc. (8.30%), Dimensional Fund Advisors LP (5.17%), Goldman Sachs Group Inc. (5.07%), State Street Corp (4.19%) and Paradice Investment Management LLC (2.72%). 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, Proxima Capital Management LLC, River Road Asset Management LLC, Weiss Multi Strategy Advisers LLC, Gamco Investors INC. ET AL, PNC Financial Services Group Inc., Credit Suisse AG and Monarch Partners 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Goldman Sachs Group Inc., Westfield Capital Management Co. LP, Dimensional Fund Advisors LP, First Eagle Investment Management LLC, Point72 Asset Management L.P., FMR LLC 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?
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 $47.14.
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: ||$55.25 (17.20% upside)|
Analysts' Ratings History for KLX (NASDAQ:KLXI)
(Data available from 6/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/19/2017||Deutsche Bank AG||Boost Price Target||Hold||$51.00 -> $52.00||High|
|4/19/2017||Cowen and Company||Reiterated Rating||Outperform||$52.00||High|
|1/19/2017||SunTrust Banks, Inc.||Initiated Coverage||Buy||$53.00||N/A|
|8/5/2016||Jefferies Group LLC||Reiterated Rating||Hold||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|
|10/7/2015||Cantor Fitzgerald||Initiated Coverage||Buy||$50.00||N/A|
|8/17/2015||DA Davidson||Upgrade||Neutral -> Buy||$48.00||N/A|
|6/26/2015||Buckingham Research||Initiated Coverage||Buy||$51.00||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|
|8/22/2017|| || || || || || || || |
|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: $1.82
(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|
|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)
| Analysts Expect KLX Inc. (KLXI) Will Post Quarterly Sales of $428.40 Million|
www.americanbankingnews.com - June 23 at 5:52 PM
|KLX, 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
|KLX Inc. (KLXI) Downgraded by BidaskClub|
www.americanbankingnews.com - June 21 at 5:34 PM
| Analysts Expect KLX Inc. (KLXI) to Announce $0.41 EPS|
www.americanbankingnews.com - June 21 at 7:34 AM
|KLX Inc (KLXI) Upgraded by BidaskClub to Strong-Buy|
www.americanbankingnews.com - June 14 at 7:48 PM
|KLX Inc. (KLXI) VP Sells $23,831.24 in Stock|
www.americanbankingnews.com - June 12 at 7:52 PM
|Earnings Highlights and Review: HEICO Announced Record Quarterly Sales and Earnings|
finance.yahoo.com - June 12 at 3:21 PM
|ETFs with exposure to KLX, Inc. : June 12, 2017|
finance.yahoo.com - June 12 at 3:21 PM
|TheStreet Upgrades KLX Inc (KLXI) to B-|
www.americanbankingnews.com - June 11 at 7:40 AM
|KLX Inc (KLXI) Receives Average Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - June 9 at 11:22 AM
|KLX Inc. to Participate in Deutsche Bank’s Investor Conference in Chicago on June 7, 2017|
finance.yahoo.com - June 1 at 6:58 PM
|ETFs with exposure to KLX, Inc. : May 31, 2017|
finance.yahoo.com - May 31 at 6:35 PM
|KLX Inc (KLXI) Insider Roger Mark Franks Sells 2,447 Shares|
www.americanbankingnews.com - May 30 at 8:07 PM
|KLX, Inc. :KLXI-US: Earnings Analysis: Q1, 2018 By the Numbers : May 30, 2017|
finance.yahoo.com - May 30 at 10:20 AM
|KLX Inc to Post FY2019 Earnings of $2.50 Per Share, Gabelli Forecasts (KLXI)|
www.americanbankingnews.com - May 29 at 8:46 AM
|KLX Inc (KLXI) Forecasted to Earn Q4 2018 Earnings of $0.67 Per Share|
www.americanbankingnews.com - May 29 at 8:28 AM
|KLX Inc (KLXI) Expected to Post Quarterly Sales of $421.9 Million|
www.americanbankingnews.com - May 28 at 10:46 AM
|KLX Inc (KLXI) to Post Q4 2018 Earnings of $0.52 Per Share, SunTrust Banks Forecasts|
www.americanbankingnews.com - May 26 at 1:25 PM
|FY2018 EPS Estimates for KLX Inc (KLXI) Lifted by Analyst|
www.americanbankingnews.com - May 26 at 12:54 PM
|Q2 2018 Earnings Forecast for KLX Inc Issued By Jefferies Group (KLXI)|
www.americanbankingnews.com - May 26 at 11:20 AM
| Analysts Expect KLX Inc (KLXI) Will Post Earnings of $0.41 Per Share|
www.americanbankingnews.com - May 26 at 10:11 AM
|Q2 2018 Earnings Forecast for KLX Inc (KLXI) Issued By SunTrust Banks|
www.americanbankingnews.com - May 25 at 10:53 AM
|KLX Inc (KLXI) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS|
www.americanbankingnews.com - May 25 at 8:01 AM
|Edited Transcript of KLXI earnings conference call or presentation 24-May-17 1:00pm GMT|
finance.yahoo.com - May 24 at 11:13 PM
|KLX Inc. Reports First Quarter Ended April 30,...|
www.benzinga.com - May 24 at 11:17 AM
|KLX Inc. Reports First Quarter Ended April 30, 2017 Financial Results; Revenues Up 16.6%; Operating Earnings Up 109.5%; GAAP EPS Up 620.0%; Adjusted EPS Up 157.7%; Reaffirms 2017 Guidance|
finance.yahoo.com - May 24 at 11:17 AM
|KLX beats 1Q profit forecasts|
finance.yahoo.com - May 24 at 11:17 AM
|KLX Inc (KLXI) Downgraded to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - May 18 at 12:30 PM
|KLX Inc (KLXI) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - May 15 at 11:24 AM
|KLX Inc. Schedules 2017 First Quarter Earnings Release and Conference Call for May 24, 2017|
finance.yahoo.com - May 10 at 1:04 PM
|KLX Inc (KLXI) Cut to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 6 at 12:36 AM
|KLX Inc (KLXI) Lowered to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - May 6 at 12:32 AM
|KLX (KLXI) Earns Media Sentiment Score of 0.37|
www.americanbankingnews.com - May 4 at 12:46 PM
| Brokerages Anticipate KLX Inc (KLXI) Will Announce Quarterly Sales of $409.95 Million|
www.americanbankingnews.com - May 4 at 12:00 PM
|Zacks: Brokerages Expect KLX Inc (KLXI) Will Announce Earnings of $0.31 Per Share|
www.americanbankingnews.com - May 2 at 8:00 PM
|ETFs with exposure to KLX, Inc. : May 2, 2017|
finance.yahoo.com - May 2 at 4:35 PM
|KLX (KLXI) Getting Somewhat Critical Press Coverage, Analysis Finds|
www.americanbankingnews.com - April 30 at 7:52 AM
|KLX (KLXI) Earning Somewhat Positive Press Coverage, Study Shows|
www.americanbankingnews.com - April 28 at 12:14 AM
|KLX Inc (KLXI) PT Raised to $52.00 at Deutsche Bank AG|
www.americanbankingnews.com - April 25 at 12:33 PM
|KLX (KLXI) Earning Somewhat Favorable Press Coverage, Analysis Finds|
www.americanbankingnews.com - April 24 at 8:40 PM
|KLX, Inc. breached its 50 day moving average in a Bullish Manner : KLXI-US : April 24, 2017|
finance.yahoo.com - April 24 at 4:30 PM
|KLX Inc (KLXI) Price Target Raised to $52.00|
www.americanbankingnews.com - April 22 at 11:31 PM
|KLX Inc (KLXI) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - April 22 at 2:51 PM
|KLX (KLXI) Receiving Somewhat Positive Press Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 22 at 12:19 AM
|KLX Inc (KLXI) Forecasted to Earn FY2018 Earnings of $1.80 Per Share|
www.americanbankingnews.com - April 21 at 4:54 PM
|Short Interest in KLX Inc (KLXI) Drops By 1.5%|
www.americanbankingnews.com - April 20 at 7:21 PM
|ETFs with exposure to KLX, Inc. : April 19, 2017|
finance.yahoo.com - April 19 at 6:15 PM
|Equities Analysts Issue Forecasts for KLX Inc's FY2018 Earnings (KLXI)|
www.americanbankingnews.com - April 19 at 4:48 PM
|SunTrust Banks Weighs in on KLX Inc's Q1 2018 Earnings (KLXI)|
www.americanbankingnews.com - April 19 at 3:13 PM
|KLX's (KLXI) Outperform Rating Reiterated at Cowen and Company|
www.americanbankingnews.com - April 19 at 1:53 PM
KLX (KLXI) Chart for Sunday, June, 25, 2017