Jefferies Group reissued a "hold" rating and set a $51.00 target price (down from $55.00) on shares of KLX in a report on Thursday, August 24th.
They expect $0.71 EPS, up 33.8% or $0.24 from last year's $0.47 per share. Finally, ValuEngine lowered KLX from a "buy" rating to a "hold" rating in a research note on Friday, December 1st. (NASDAQ:KLXI), 1 rate it "Buy", 2 "Outperform", 2 "Underperform", 0 "Sell", while 0 "Hold".
Growth expectations for KLX Inc (NASDAQ:KLXI) are high, but many investors are starting to ask whether its last close at $53.91 can still be rationalized by the future potential.
Looking forward, for the quarter ending Jan-17, 5 analysts have a mean sales target of 393.66 million. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 51.82 and a beta of 1.27. The aerospace company reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.10, Bloomberg Earnings reports.
A number of research firms recently weighed in on KLXI. RBC Capital Markets maintained the shares of KLXI in report on Wednesday, August 26 with "Sector Perform" rating. Blackrock Inc. owns $353.22 million in KLX Inc., which represents roughly 11.77% of the company's market cap and approximately 12.29% of the institutional ownership. The stock had a trading volume of 1,351,125 shares, compared to its average volume of 406,423. The stock was last seen 9.44% higher, reaching at $59 on 12/06/2017. The company was maintained on Monday, June 26 by Jefferies. BidaskClub cut KLX from a "buy" rating to a "hold" rating in a research note on Wednesday. Cowen and Company reaffirmed a "buy" rating and issued a $52.00 price objective on shares of KLX in a research note on Tuesday, March 7th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of "Hold" and a consensus price target of $55.40. The company has a 50 day moving average of $45.94 and a 200 day moving average of $44.64.
In related news, VP Michael F. Senft sold 2,328 shares of KLX stock in a transaction that occurred on Wednesday, March 8th.
In the transaction dated March 08, 2017, the great number of shares disposed came courtesy the Vice President, CFO, Treasurer; Senft Michael F disposed a total of 2,328 shares at an average price of $47.19, amounting to approximately $109,858. Reports Strong Second Quarter 2017 Financial Results" on August 23, 2017, also Globenewswire.com with their article: "KLX Inc. First Eagle Investment Management LLC increased its stake in shares of KLX by 198.5% in the first quarter. BlackRock Fund Advisors is the second biggest holder with 5 million shares now valued at 252.04 million whilst Vanguard Group Inc has 4 million shares valued at 215.19 million. Staley Capital Advisers Inc. now owns 287,500 shares of the aerospace company's stock valued at $12,851,000 after buying an additional 55,000 shares during the period. Northwestern Mutual Investment Management Company LLC now owns 9,105 shares of the aerospace company's stock valued at $282,000 after purchasing an additional 56 shares during the period. Finally, Paradice Investment Management LLC grew its position in KLX by 2.6% during the third quarter.
KLX Inc., together with its subsidiaries, provides aerospace fasteners, consumables, and logistics services worldwide. The Company operates through two segments: Aerospace Solutions Group (ASG) and Energy Services Group (ESG).
Pura Vida Investments LLC bought a new stake in shares of Revance Therapeutics during the 3rd quarter valued at about $1,378,000. The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $1.05B.
The ability for Becton, Dickinson and Company to pay these debts is as follows; current ratio is 5.6 and quick ratio comes to 5. Becton, Dickinson and makes up about 3.4% of Findlay Park Partners LLP's portfolio, making the stock its 11th largest holding.
Non-revolving credit rose at a 5.3% annual rate, or $12.2 billion, compared to September's rate of $13.2 billion. The solid gains were good signs for strength in consumer spending heading into the holiday shopping season.
Affleck's script was thrown out and, at this point, it's totally unclear what direction Reeves is taking the movie. Jon Hamm is 46-years-old now and Ben Affleck is 45, so they're pretty much the exact same age.
It increased, as 44 investors sold V shares while 564 reduced holdings. 138 funds opened positions while 500 raised stakes. The firm has a market cap of $7,960.87, a PE ratio of 19.67, a price-to-earnings-growth ratio of 0.88 and a beta of 1.07.
The stock has a market capitalization of $2,340.00, a price-to-earnings ratio of 10.04, a PEG ratio of 0.32 and a beta of 0.69. The average volume for MGM Resorts International (NYSE:MGM) has been 8.14 million shares per day over the past 30 days.
Democrats, however, sought to focus on Trump's comments and actions, and the actions of members of his campaign previous year . The investigator, Peter Strzok, had a prominent role in the FBI's Clinton investigation.
Following the sale, the president now owns 113,007 shares of the company's stock, valued at approximately $4,834,439.46. The textile maker reported $0.77 earnings per share for the quarter, meeting analysts' consensus estimates of $0.77.
However, broader gains were capped ahead of elections in Gujarat due this weekend, in a critical test for Prime Minister Modi. Overnight on Wall Street, the Dow rose 0.29 per cent, the S&P 500 gained 0.29 per cent and the Nasdaq 0.54 per cent.
It worsened, as 58 investors sold HON shares while 492 reduced holdings. 104 funds opened positions while 426 raised stakes. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company.
First Warning Forecast: Dropping Temps And Snow
This means most of the Upstate will see generally a cold rain mixed occasionally with melting snowflakes. That is when temperatures are low enough and moisture is high enough that it becomes a real possibility.
Trump's approval rating strikes a new low
Only 30 percent of respondents said collusion between Trump officials and the Kremlin "definitely or probably did not happen". As Axios noted, Trump's approval rating had either remained the same or dropped among every demographic group Pew polled.
Simmons triple-double in loss to Lakers
A 18-7 Sixers run in the fourth cut what was once a 16-point Lakers lead down to four, 92-88, with over six minutes to play. The Lakers bounced back from a five-game losing streak with the win headed into a road game in Charlotte on Snday (AEDT).