
Kirby (KEX) Stock Forecast & Price Target
Kirby (KEX) Analyst Ratings
Bulls say
Kirby Corp is anticipated to experience revenue and margin growth in its Distribution and Services (D&S) segment into 2024, which reflects positively on its financial outlook. The company is strategically positioned to capitalize on the recovery within the inland tank barge business, enhancing its operational performance. Additionally, projections indicate a potential turnaround in Coastal margins and encouragement for D&S margins to reach approximately 10%, which further supports a favorable stance on the company's financial health.
Bears say
Kirby Corp is facing a negative outlook primarily due to an anticipated 2% decline in inland revenue for the second half of 2025, attributed to decreased utilization rather than pricing pressures. Furthermore, the company's earnings per share (EPS) forecast has been conservatively revised down to $6.50 for 2026, which is 10% below consensus estimates and reflects expectations of stagnant earnings before interest and taxes (EBIT) in the inland segment. Added to this, inland barge utilization has dropped to the mid-80% range, indicating low-single-digit pricing declines, which raises concerns about the company's ability to maintain revenue growth amidst these challenging conditions.
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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