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Kirby Corp stock (market cap: $4.63 billion) has reached a significant milestone, hitting a 52-week low at 82.42 USD. This downturn reflects a challenging year for the company, as evidenced by a notable 1-year change of -32.08%. Despite the decline, the company maintains a healthy financial position with a current ratio of 1.74 and an overall "GOOD" financial health rating according to InvestingPro analysis. The stock’s performance over the past year highlights the volatility and pressures faced by Kirby Corp in the current market environment. With analyst price targets ranging from $91 to $125, and management actively buying back shares, investors will be keenly observing how the company navigates these challenges. InvestingPro has identified 8 additional key insights about Kirby Corp that could help inform investment decisions.
In other recent news, Kirby Corporation reported its Q2 2025 earnings, showing a slight beat on both earnings per share (EPS) and revenue forecasts. The company achieved an EPS of $1.67, surpassing the forecasted $1.66, while revenue reached $855.45 million, slightly above the expected $852.51 million. Additionally, Kirby Corporation’s Board of Directors authorized a new share repurchase program for up to 8 million additional shares of common stock. This new authorization adds to the previous 5 million share repurchase program, with approximately 0.8 million shares remaining available.
BTIG reiterated its Buy rating on Kirby Corporation, maintaining a price target of $125.00, noting that recent softness in inland barge utilization appears transitory. Meanwhile, BofA Securities adjusted its price target for Kirby to $107.00 from $110.00, citing concerns about softening demand in the inland barge business. The firm expects inland barge utilization to ease into the high-80% range in the third quarter of 2025. These developments reflect ongoing challenges and strategic moves within Kirby Corporation.
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