Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Kirby (KEX)
Kirby Corporation is the largest domestic tank barge operator in the United States. The Houston, TX-based company is responsible for transporting bulk liquid products (including petrochemicals, black oil and refined products). The company transports bulk liquid through the Mississippi River System on the Gulf Intracoastal Waterway along all three coasts of the United States, and in Alaska and Hawaii.
KEX is a Zacks Rank #2 (Buy) stock, with a Value Style Score of B and VGM Score of A. Shares are currently trading at a forward P/E of 22.2X for the current fiscal year compared to the Transportation - Shipping industry's P/E of 7.8X. Additionally, KEX has a PEG Ratio of 0.8 and a Price/Cash Flow ratio of 15X. Value investors should also note KEX's Price/Sales ratio of 2.2X.
Many value investors pay close attention to a company's earnings as well. For KEX, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.07 to $5.46 per share for 2024. Per share KEX boasts an average earnings surprise of 8.7%.
Investors should take the time to consider KEX for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Kirby Corporation (KEX) : Free Stock Analysis Report