The Zacks Transportation - Shipping industry is being aided by an improvement in the demand for goods and commodities from the pandemic lows. Moreover, the tensions in the Red Sea and the resultant limited container availability have increased freight costs. The re-opening of the China economy has also boosted the industry participants. A strong outlook for the Capesize market also bodes well for shipping stocks.In the prevalent scenario, we believe that investors would do well to keep a tab on Kirby Corpor ...

HOUSTON, June 28, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE:KEX) will announce its 2024 second quarter results at 6:00 a.m. Central Daylight Time ("CDT") on Thursday, August 1, 2024. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration. All registrants will receive dial-in information and a PIN allowing them to ...

HOUSTON, June 28, 2024 (GLOBE NEWSWIRE) -- Kirby Corporation ("Kirby") (NYSE:KEX) will announce its 2024 second quarter results at 6:00 a.m. Central Daylight Time ("CDT") on Thursday, August 1, 2024. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CDT. For listeners who wish to participate in the question and answer session via telephone, please pre-register at Kirby Earnings Call Registration. All registrants will receive dial-in information and a PIN allowing them to ...

Kirby Corporation (KEX) performed well in the past year and has the potential to sustain the momentum in the future. If you have not taken advantage of its share price appreciation yet, it’s time to do so. Let’s take a look at the factors that make the stock a strong investment pick at the moment. An Outperformer: A glimpse at the company’s price trend reveals that the stock has had an impressive run on the bourse so far this year. Shares of KEX have gained 52% year to date, outperforming the industry’s gro ...

For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Kirby (KEX) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Kirby is a member of the Transportation sector. This group includes 132 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual sto ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired Global Cord Blood Corporation (“Global Cord” or the “Company”) (OTC: CORBF) securities during the period of June 4, 2019 through May 3, 2022, inclusive (“the Class Period”). Investors have until June 24, 2024 to apply to the Court to be appointed as lead plaintiff in the la ...

The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Kirby (KEX) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Kirby is one of 132 companies in the Transportation group. The Transportation group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks wi ...

Shares of Kirby Corporation (KEX) scaled a 52-week high of $123.06 in the trading session on May 22, 2024, before closing a tad lower at $122.16. The company’s shares gained 55.6% so far this year, steadily outperforming the 23.6% rise of the industry it belongs to. Image Source: Zacks Investment Research Let’s find out the factors supporting the uptick. Kirby’s consistent measures to reward its shareholders through share buybacks are appreciative. In 2022, Kirby repurchased 0.4 million shares for $22.9 mil ...