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Kirby Corp stock has reached a new 52-week low, hitting a price of 83.93 USD. This milestone reflects a challenging year for the company, as the stock has experienced a significant decline. According to InvestingPro data, technical indicators suggest the stock is in oversold territory, with current prices below the platform’s calculated Fair Value. Over the past 12 months, Kirby Corp has seen its stock value decrease by 31.52%. This downturn comes amid broader market fluctuations and industry-specific challenges that have impacted the company’s financial performance. Investors are closely monitoring Kirby Corp’s strategic responses to these challenges as the company navigates this period of volatility. Despite current headwinds, analysts maintain a Strong Buy consensus with price targets ranging from $107 to $125. For deeper insights and additional ProTips about Kirby Corp, including comprehensive valuation metrics and financial health scores, check out the full research report on InvestingPro.
In other recent news, Kirby Corporation reported its second-quarter 2025 earnings, which showed a slight beat on both earnings per share (EPS) and revenue forecasts. The company achieved an EPS of $1.67, exceeding the forecasted $1.66, while revenue reached $855.45 million, slightly above the expected $852.51 million. Despite these positive results, the company is facing challenges, including a lowered price target from BofA Securities. The firm reduced its target to $107 from $110, citing concerns about softening demand in Kirby’s inland barge business. BofA Securities maintains a Buy rating, although they expect barge utilization to decrease to the high-80% range in the third quarter. Additionally, Kirby Corporation’s Board of Directors has authorized a new share repurchase program for up to 8 million additional shares of common stock. This new authorization adds to the previous program, allowing for the repurchase of approximately 8.8 million shares in total. These developments reflect ongoing adjustments and strategic decisions within Kirby Corporation.
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