Zacks Research Has Positive Outlook of Kirby FY2025 Earnings

Kirby Co. (NYSE:KEX) – Equities researchers at Zacks Research boosted their FY2025 EPS estimates for shares of Kirby in a research report issued to clients and investors on Thursday, May 15th. Zacks Research analyst S. Goswami now anticipates that the shipping company will earn $6.43 per share for the year, up from their prior estimate of $6.39. The consensus estimate for Kirby’s current full-year earnings is $6.57 per share. Zacks Research also issued estimates for Kirby’s Q3 2026 earnings at $1.96 EPS, FY2026 earnings at $7.16 EPS, Q1 2027 earnings at $1.57 EPS and FY2027 earnings at $7.24 EPS.

Kirby (NYSE:KEX) last issued its quarterly earnings results on Thursday, May 1st. The shipping company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.06. The business had revenue of $785.66 million for the quarter, compared to analyst estimates of $824.12 million. Kirby had a net margin of 8.78% and a return on equity of 9.71%. The business’s revenue was down 2.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.19 earnings per share.

A number of other research analysts have also weighed in on KEX. Bank of America upped their price objective on Kirby from $116.00 to $125.00 and gave the stock a “buy” rating in a report on Friday. Stifel Nicolaus decreased their target price on shares of Kirby from $136.00 to $135.00 and set a “buy” rating on the stock in a research report on Friday, January 31st.

Kirby Stock Performance

Shares of KEX stock opened at $110.32 on Monday. The company has a current ratio of 1.45, a quick ratio of 1.05 and a debt-to-equity ratio of 0.26. The stock has a 50 day simple moving average of $99.04 and a 200-day simple moving average of $107.49. The company has a market cap of $6.19 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 0.88 and a beta of 0.91. Kirby has a 12-month low of $83.94 and a 12-month high of $132.21.

Institutional Investors Weigh In On Kirby

A number of hedge funds and other institutional investors have recently modified their holdings of KEX. United Services Automobile Association acquired a new stake in shares of Kirby in the 1st quarter worth approximately $371,000. First Dallas Securities Inc. purchased a new stake in Kirby during the first quarter worth $2,958,000. Goldman Sachs Group Inc. grew its holdings in Kirby by 30.4% in the first quarter. Goldman Sachs Group Inc. now owns 491,355 shares of the shipping company’s stock valued at $49,632,000 after purchasing an additional 114,618 shares during the last quarter. Select Equity Group L.P. increased its position in shares of Kirby by 24.8% in the first quarter. Select Equity Group L.P. now owns 1,954,698 shares of the shipping company’s stock valued at $197,444,000 after buying an additional 389,005 shares in the last quarter. Finally, Park West Asset Management LLC raised its stake in shares of Kirby by 69.3% during the 1st quarter. Park West Asset Management LLC now owns 776,000 shares of the shipping company’s stock worth $78,384,000 after buying an additional 317,721 shares during the last quarter. 96.15% of the stock is currently owned by institutional investors and hedge funds.

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.