Kirby Stock Target Price and Analyst Consensus

KEX Stock  USD 119.55  0.88  0.73%   
The current analyst and expert consensus on Kirby is Strong Buy, with 6 strong buy opinions. The current projected Kirby target price consensus is 98.67 with 6 analyst opinions. The most common way Kirby analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Kirby executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Kirby. We strongly encourage you to use your own analysis of Kirby to validate this buy or sell advice. Kirby buy-or-sell recommendation module provides average expert sentiment on the projected Kirby target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Kirby to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.
Lowest Forecast
89.79
Highest Forecast
109.52
Target Price
98.67
Gross Profit Margin is likely to rise to 0.35 in 2024, whereas Gross Profit is likely to drop slightly above 351.2 M in 2024. At this time, Kirby's Net Receivables is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 6 B in 2024, whereas Cash is likely to drop slightly above 23.7 M in 2024.
  
It's important to approach Kirby's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Kirby Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Kirby target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Kirby's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Strong Buy
Most Kirby analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Kirby stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Kirby, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Kirby Target Price Projection

Kirby's current and average target prices are 119.55 and 98.67, respectively. The current price of Kirby is the price at which Kirby is currently trading. On the other hand, Kirby's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Kirby Market Quote on 7th of June 2024

Low Price118.96Odds
High Price120.48Odds

119.55

Target Price

Analyst Consensus On Kirby Target Price

Low Estimate89.79Odds
High Estimate109.52Odds

98.67

Historical Lowest Forecast  89.79 Target Price  98.67 Highest Forecast  109.52
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Kirby and the information provided on this page.

Kirby Analyst Ratings

Kirby's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Kirby stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Kirby's financials, market performance, and future outlook by experienced professionals. Kirby's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Kirby price targets

Kirby's stock target price is an estimate of its future price, usually made by analysts. Using Kirby's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Kirby's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Kirby's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Kirby Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Kirby is a key component of Kirby valuation and have some predictive power on the future returns of a Kirby.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kirby's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
118.48120.33122.18
Details
Intrinsic
Valuation
LowRealHigh
114.12115.97131.51
Details
Naive
Forecast
LowNextHigh
116.59118.44120.29
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.211.281.33
Details

Trending Themes

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Macroaxis Index Idea
Macroaxis Index
Invested over 200 shares

Additional Tools for Kirby Stock Analysis

When running Kirby's price analysis, check to measure Kirby's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.