Kirby Corporation: Power Growth Is Real, But The Cash Flow Needs To Catch Up
Seeking Alpha rates Kirby HOLD at $140.82, citing a base sum-of-the-parts target of $155.23 and moderate near-term upside. Marine revenue and operating profit rose 17% and 26% in Q3, while Distribution & Services is growing; cash conversion and margin sustainability remain concerns.
Why it matters — KEX watchers may weigh the reported operational recovery against questions about converting growth into cash and sustaining margins.