Consensus Review & Target Check on Kirby Corporation (NYSE:KEX)

Sell-side research analysts give opinions on future stock movement for Kirby Corporation (NYSE:KEX). These opinions are based on extensive research and deep knowledge of the company. Analysts taken into consideration by Thomson Reuters have created a consensus target price of $68.56 on the stock.After a recent check on the stock, shares have been seen trading $-2.77 away from the 50-day moving average of $63.97 and $-6.24 away from the 200-day moving average of $67.44 . The stock has been recently noted at -17.85% off of the 52-week high of 74.50 and +20.47% separated from the 52-week low of 50.80. Monitoring the stock price relative to moving averages as well as 52 week highs and lows may help with the evaluation of future stock performance.

A frequently used metric is a company’s price to earnings ratio. This calculation is derived by dividing the current share price by the projected earnings per share. Kirby Corporation currently has a P/E Ratio of 28.05. Traders may also keep an eye on a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the expected future growth rate of the company. A PEG Ratio below one may represent that the company is undervalued. If the company’s PEG Ratio is higher than one, it may indicate that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The company has a current PEG Ratio of 3.46 .

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