ValuEngine lowered shares of KLX (NASDAQ:KLXI) from a buy rating to a hold rating in a report published on Friday.
Several other research firms have also weighed in on KLXI. Zacks Investment Research upgraded shares of KLX from a sell rating to a hold rating in a research report on Tuesday, October 24th. Cowen restated a buy rating and set a $57.00 price target on shares of KLX in a research report on Thursday, October 19th. BidaskClub lowered shares of KLX from a hold rating to a sell rating in a research report on Saturday, August 19th. Finally, Jefferies Group restated a hold rating and set a $51.00 price target (down previously from $55.00) on shares of KLX in a research report on Thursday, August 24th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $55.40.
KLX (KLXI) traded down $0.47 on Friday, reaching $55.64. 339,200 shares of the company traded hands, compared to its average volume of 402,078. The company has a market capitalization of $2,877.89, a price-to-earnings ratio of 29.13, a P/E/G ratio of 3.34 and a beta of 1.31. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.27 and a current ratio of 7.28. KLX has a one year low of $39.86 and a one year high of $56.69.
KLX Company Profile
KLX Inc (KLX) is the distributor and service provider of aerospace fasteners and consumables. The Company offers ranges of aerospace hardware and consumables and inventory management services across the world. The Company operates through two segments: Aerospace Solutions Group (ASG) and Energy Services Group (ESG).
To view ValuEngine’s full report, visit ValuEngine’s official website.
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