Are Analysts Bullish KLX Inc. (NASDAQ:KLXI) After Last Week?

June 7, 2018 - By Migdalia James

KLX Inc. (NASDAQ:KLXI) Logo

KLX Inc. (NASDAQ:KLXI) Ratings Coverage

Among 3 analysts covering KLX Inc (NASDAQ:KLXI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. KLX Inc had 7 analyst reports since December 26, 2017 according to SRatingsIntel. The company was upgraded on Wednesday, March 7 by Jefferies. On Tuesday, December 26 the stock rating was maintained by SunTrust with “Buy”. The company was maintained on Monday, January 8 by Jefferies. Jefferies maintained it with “Hold” rating and $63.0 target in Tuesday, December 26 report. The stock of KLX Inc. (NASDAQ:KLXI) has “Hold” rating given on Wednesday, May 2 by SunTrust. The company was maintained on Monday, January 22 by Cowen & Co. SunTrust maintained KLX Inc. (NASDAQ:KLXI) on Monday, April 23 with “Buy” rating. Below is a list of KLX Inc. (NASDAQ:KLXI) latest ratings and price target changes.

02/05/2018 Broker: SunTrust Old Rating: Buy New Rating: Hold Old Target: $53 Downgrade
23/04/2018 Broker: SunTrust Rating: Buy New Target: $82.0000 Maintain
07/03/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Upgrade
22/01/2018 Broker: Cowen & Co Rating: Buy New Target: $74.0 Maintain
08/01/2018 Broker: Jefferies Rating: Hold New Target: $73.0 Maintain
26/12/2017 Broker: SunTrust Rating: Buy New Target: $78.0 Maintain
26/12/2017 Broker: Jefferies Rating: Hold New Target: $63.0 Maintain

The stock increased 0.23% or $0.17 during the last trading session, reaching $72.82. About 319,103 shares traded. KLX Inc. (NASDAQ:KLXI) has risen 49.41% since June 7, 2017 and is uptrending. It has outperformed by 36.84% the S&P500.

KLX Inc., together with its subsidiaries, provides aerospace fasteners, consumables, and logistics services worldwide. The company has market cap of $3.70 billion. It operates in two divisions, Aerospace Solutions Group and Energy Services Group (ESG). It has a 70.02 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.

More notable recent KLX Inc. (NASDAQ:KLXI) news were published by: Nasdaq.com which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Applied Industrial Technologies, Heritage …” on May 25, 2018, also Digitaljournal.com with their article: “SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of KLX Inc. – KLXI” published on June 04, 2018, Equitiesfocus.com published: “KLX Inc. (NASDAQ:KLXI) Stake Increased by Dimensional Fund Advisors LP” on June 06, 2018. More interesting news about KLX Inc. (NASDAQ:KLXI) were released by: Nasdaq.com and their article: “KLX Inc. Announces Increase in Consent Payment and Extends Expiration Date With Respect to Its Previously …” published on June 05, 2018 as well as Nasdaq.com‘s news article titled: “KLX Inc. Commences Consent Solicitation to Amend 5.875% Senior Notes Due 2022” with publication date: May 30, 2018.

KLX Inc. (NASDAQ:KLXI) Ratings Chart

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