Wall Street analysts forecast that Kansas City Southern (NYSE:KSU) will announce earnings of $1.77 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Kansas City Southern’s earnings, with the lowest EPS estimate coming in at $1.66 and the highest estimate coming in at $1.83. Kansas City Southern reported earnings of $1.57 per share in the same quarter last year, which would suggest a positive year over year growth rate of 12.7%. The business is expected to issue its next earnings results on Friday, October 18th.
According to Zacks, analysts expect that Kansas City Southern will report full-year earnings of $6.70 per share for the current year, with EPS estimates ranging from $6.39 to $6.82. For the next financial year, analysts anticipate that the firm will post earnings of $7.63 per share, with EPS estimates ranging from $7.41 to $7.85. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Kansas City Southern.
Kansas City Southern (NYSE:KSU) last released its quarterly earnings data on Friday, July 19th. The transportation company reported $1.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.60 by $0.04. Kansas City Southern had a return on equity of 12.45% and a net margin of 20.35%. The business had revenue of $714.00 million during the quarter, compared to analyst estimates of $704.55 million. During the same quarter in the previous year, the firm posted $1.54 EPS. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year.
KSU has been the topic of a number of research reports. Zacks Investment Research downgraded Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Friday, May 10th. Morgan Stanley boosted their target price on Kansas City Southern from $111.00 to $121.00 and gave the stock an “equal weight” rating in a research report on Monday, July 22nd. Cowen set a $136.00 target price on Kansas City Southern and gave the stock a “buy” rating in a research report on Friday, July 19th. Loop Capital boosted their target price on Kansas City Southern to $144.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Finally, Raymond James boosted their target price on Kansas City Southern from $140.00 to $141.00 and gave the stock a “strong-buy” rating in a research report on Monday, July 22nd. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $130.36.
In other Kansas City Southern news, Director Robert J. Druten sold 2,500 shares of the business’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $125.04, for a total value of $312,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Adam J. Godderz sold 1,390 shares of the business’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $125.13, for a total value of $173,930.70. Following the transaction, the general counsel now directly owns 4,892 shares of the company’s stock, valued at approximately $612,135.96. The disclosure for this sale can be found here. Insiders sold 5,890 shares of company stock valued at $727,881 in the last ninety days. Insiders own 0.82% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of KSU. Berman Capital Advisors LLC lifted its position in shares of Kansas City Southern by 164.8% during the 2nd quarter. Berman Capital Advisors LLC now owns 241 shares of the transportation company’s stock worth $29,000 after purchasing an additional 150 shares during the last quarter. HM Payson & Co. acquired a new position in shares of Kansas City Southern during the 2nd quarter worth about $32,000. Thor Advisors LLC acquired a new position in shares of Kansas City Southern during the 1st quarter worth about $37,000. Covington Capital Management acquired a new position in shares of Kansas City Southern during the 2nd quarter worth about $37,000. Finally, Nelson Roberts Investment Advisors LLC acquired a new position in shares of Kansas City Southern during the 1st quarter worth about $40,000. 89.63% of the stock is owned by institutional investors and hedge funds.
NYSE:KSU traded up $2.49 during midday trading on Wednesday, reaching $122.56. 7,876 shares of the company traded hands, compared to its average volume of 841,731. Kansas City Southern has a twelve month low of $90.55 and a twelve month high of $126.47. The firm has a market capitalization of $11.70 billion, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 1.17 and a beta of 0.94. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.79 and a quick ratio of 0.59. The company has a fifty day moving average price of $121.43 and a 200 day moving average price of $117.25.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Monday, September 9th will be given a $0.36 dividend. The ex-dividend date is Friday, September 6th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.17%. Kansas City Southern’s dividend payout ratio is currently 24.12%.
Kansas City Southern Company Profile
Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.
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