
Kirby (KEX) Stock Forecast & Price Target
Kirby (KEX) Analyst Ratings
Bulls say
Kirby Corp is poised for growth as it anticipates an upward trend in revenues and margins within its Distribution and Services (D&S) segment, expected to continue into 2024. The company stands to benefit from a recovery in the inland tank barge business, which is a core area of its Marine Transportation segment. Additionally, projections indicate a potential rebound in Coastal margins into positive territory, along with D&S margins reaching approximately 10%, reflecting a strong financial outlook.
Bears say
Kirby Corp's outlook appears negative due to a projected decline in inland revenue by approximately 2% in the second half of 2025, driven more by utilization issues than pricing pressures. Furthermore, the company's earnings per share (EPS) forecast for 2026 has been lowered to $6.50, which is 10% below consensus estimates and suggests stagnation in inland earnings before interest and taxes (EBIT), while only modest growth is anticipated in coastal operations. Additionally, inland barge utilization has decreased to the mid-80% range, resulting in low single-digit pricing declines, which could hinder revenue and growth potential amid ongoing industry challenges.
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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