KLX (NASDAQ: KLXI) recently received a number of ratings updates from brokerages and research firms:

  • 8/29/2017 – KLX was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “KLX Inc. is a distributor and service provider of aerospace fasteners and consumables. The Company operates in two segments: Aerospace Solutions Group and Energy Services Group. The Aerospace Solutions Group provides fasteners, consumable products, and logistics services to aerospace customers. The Energy Services Group provides services and logistics for oil and gas drilling sites. It also provides aerospace hardware, and inventory management services. KLX Inc. is based in United States. “
  • 8/24/2017 – KLX had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $51.00 price target on the stock, down previously from $55.00.
  • 8/24/2017 – KLX had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $55.00 price target on the stock, up previously from $52.00.
  • 8/19/2017 – KLX was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/9/2017 – KLX was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “KLX Inc. is a distributor and service provider of aerospace fasteners and consumables. The Company operates in two segments: Aerospace Solutions Group and Energy Services Group. The Aerospace Solutions Group provides fasteners, consumable products, and logistics services to aerospace customers. The Energy Services Group provides services and logistics for oil and gas drilling sites. It also provides aerospace hardware, and inventory management services. KLX Inc. is based in United States. “
  • 7/24/2017 – KLX was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/17/2017 – KLX had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $52.00 price target on the stock.
  • 7/8/2017 – KLX was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Shares of KLX Inc. (NASDAQ KLXI) opened at 46.90 on Thursday. The firm’s 50-day moving average is $50.95 and its 200 day moving average is $48.80. The stock has a market capitalization of $2.41 billion, a P/E ratio of 31.69 and a beta of 1.28. KLX Inc. has a 12-month low of $32.23 and a 12-month high of $54.40.

KLX (NASDAQ:KLXI) last issued its quarterly earnings data on Wednesday, August 23rd. The aerospace company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.67 by $0.06. KLX had a return on equity of 4.43% and a net margin of 4.83%. The company had revenue of $430.60 million for the quarter, compared to analyst estimates of $423.08 million. KLX’s revenue was up 13.6% on a year-over-year basis. On average, equities research analysts forecast that KLX Inc. will post $3.07 EPS for the current fiscal year.

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).

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