
Kirby (KEX) Stock Forecast & Price Target
Kirby (KEX) Analyst Ratings
Bulls say
Kirby Corp's Distribution and Services (D&S) segment is anticipated to see increasing revenues and improved margins moving into 2024, which suggests a strengthening operational performance. Furthermore, Kirby is strategically positioned to capitalize on the ongoing recovery in the inland tank barge business, indicating growth potential in its Marine Transportation segment. The company's upside scenario highlights a positive outlook, including a potential recovery in coastal margins and an expected D&S margin of approximately 10%.
Bears say
Kirby Corporation is facing a notable decline in expected earnings per share (EPS), with estimates reduced to $6.32 for 2025 and to $6.50 for 2026, reflecting a 10% decrease from consensus forecasts and indicating a challenging outlook for revenue in the inland segment. The company is experiencing lower inland barge utilization, which has dropped to the mid-80% range, leading to pricing pressures and a potential impact from decreased petrochemical volumes. Furthermore, while Kirby is projected to generate approximately $400 million in free cash flow, a flat earnings growth scenario remains a concern if pricing does not stabilize, reinforcing a negative sentiment toward the stock's performance.
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
Start investing in Kirby (KEX)
Order type
Buy in
Order amount
Est. shares
0 shares