What Does Kirby Corporation’s (NYSE:KEX) Share Price Indicate?
While Kirby Corporation (NYSE:KEX) might not have the largest market cap around , it received a lot of attention from a substantial price increase on the NYSE over the last few months. While good news for shareholders, the company has traded much higher in the past year. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain? Let’s examine Kirby’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
What Is Kirby Worth?
Good news,…
