$0.80 EPS Expected for KLX Inc. (KLXI)

February 19, 2018 - By Lynda A. Deweese

 $0.80 EPS Expected for KLX Inc. (KLXI)

Analysts expect KLX Inc. (NASDAQ:KLXI) to report $0.80 EPS on March, 6.They anticipate $0.36 EPS change or 81.82 % from last quarter’s $0.44 EPS. KLXI’s profit would be $40.29M giving it 21.42 P/E if the $0.80 EPS is correct. After having $0.80 EPS previously, KLX Inc.’s analysts see 0.00 % EPS growth. The stock increased 1.44% or $0.97 during the last trading session, reaching $68.54. About 614,115 shares traded or 31.79% up from the average. KLX Inc. (NASDAQ:KLXI) has risen 43.74% since February 19, 2017 and is uptrending. It has outperformed by 27.04% the S&P500.

KLX Inc. (NASDAQ:KLXI) Ratings Coverage

Among 11 analysts covering KLX (NASDAQ:KLXI), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. KLX had 29 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Hold” on Monday, December 5. The company was maintained on Monday, January 8 by Jefferies. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Friday, June 17. The firm has “Buy” rating by Cowen & Co given on Thursday, October 19. RBC Capital Markets maintained KLX Inc. (NASDAQ:KLXI) on Wednesday, August 26 with “Sector Perform” rating. Cowen & Co maintained the stock with “Buy” rating in Monday, July 17 report. The stock of KLX Inc. (NASDAQ:KLXI) has “Buy” rating given on Monday, August 17 by DA Davidson. The rating was maintained by Cowen & Co with “Buy” on Wednesday, August 23. The stock has “Buy” rating by Suntrust Robinson on Thursday, January 19. On Monday, January 22 the stock rating was maintained by Cowen & Co with “Buy”.

KLX Inc., together with its subsidiaries, provides aerospace fasteners, consumables, and logistics services worldwide. The company has market cap of $3.45 billion. It operates in two divisions, Aerospace Solutions Group and Energy Services Group (ESG). It has a 42.86 P/E ratio. The ASG segment distributes bolts, clips, hinges, rings, screws, carbon-faced seals, gaskets, O-rings, and others; chemicals, sealants and adhesives, lubricants, paints, cleaners, and degreasers; Honeywell proprietary parts; and bearings, tooling, electrical components, and clamps.

Another recent and important KLX Inc. (NASDAQ:KLXI) news was published by Seekingalpha.com which published an article titled: “KLX to explore strategic alternatives, including potential sale” on December 22, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.