Evercore ISI analyst Jonathan Chappell maintained a Buy rating on Kirby (NYSE:KEX) Corp. on Friday, setting a price target of $72, which is approximately 13.03% above the present share price of $63.7.
Chappell expects Kirby Corp . to post earnings per share (EPS) of $0.37 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Kirby, with an average price target of $63.5.
The analysts price targets range from a high of $72 to a low of $57.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $489.76 million and a net profit of $24.64 million. The company's market cap is $3.83 billion.
According to TipRanks.com, Evercore ISI analyst Jonathan Chappell is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 45.71% success rate.
Kirby Corp. engages in the provision of diesel engines, reduction gears and ancillary products for marine and power generation applications. It operates through the following segments: Marine Transportation and Distribution & Services segment. The Marine Transportation segment provides marine transportation services, operates tank barges and towing vessels transporting bulk liquid products and transports petrochemicals, refined petroleum products, black oil products and agricultural chemicals by tank barge. The Distribution & Services segment sells genuine replacement parts, provides service mechanics to overhaul and repair medium-speed and high-speed diesel engines, transmissions, reduction gears, pumps and compression products, maintains facilities to rebuild component parts or entire medium-speed and high-speed diesel engines, transmissions and reduction gears and manufactures and remanufactures oilfield service equipment, including pressure pumping units. The company was founded in 1921 and is headquartered in Houston, TX.