
Kirby (KEX) Stock Forecast & Price Target
Kirby (KEX) Analyst Ratings
Bulls say
Kirby Corp is expected to experience increasing revenues and margins within its Distribution and Services (D&S) segment as it moves into 2024, indicating a strong performance outlook. The company is well-positioned to capitalize on the ongoing recovery in the inland tank barge business, which is a significant driver of its revenue generation. Additionally, the potential recovery of Coastal margins and D&S margins reaching the 10% range further supports a positive financial outlook for Kirby.
Bears say
Kirby Corp's outlook appears negative primarily due to anticipated revenue declines, with predictions of a 2% decrease in Inland revenues for the second half of 2025 compared to the first half, influenced by lower utilization rather than pricing pressures. The company's 2026 earnings per share estimate has been lowered to $6.50, reflecting a conservative approach that is 10% below consensus estimates, and implies flat earnings before interest and taxes (EBIT) in the Inland segment. Additionally, declining inland barge utilization, which has fallen into the mid-80% range driven by decreased petrochemical volumes and a return to normal maintenance cycles, could further exacerbate the earnings outlook if pricing trends continue downward.
This aggregate rating is based on analysts' research of Kirby and is not a guaranteed prediction by Public.com or investment advice.
Kirby (KEX) Analyst Forecast & Price Prediction
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