Wall Street brokerages predict that Kansas City Southern (NYSE:KSU) will announce $1.35 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have issued estimates for Kansas City Southern’s earnings, with the lowest EPS estimate coming in at $1.30 and the highest estimate coming in at $1.40. Kansas City Southern posted earnings per share of $1.12 during the same quarter last year, which suggests a positive year-over-year growth rate of 20.5%. The company is scheduled to report its next quarterly earnings report on Tuesday, October 17th.
On average, analysts expect that Kansas City Southern will report full year earnings of $5.17 per share for the current financial year, with EPS estimates ranging from $5.15 to $5.24. For the next year, analysts expect that the business will report earnings of $5.80 per share, with EPS estimates ranging from $5.72 to $6.05. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover Kansas City Southern.
Kansas City Southern (NYSE:KSU) last announced its quarterly earnings results on Friday, July 21st. The transportation company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.07. Kansas City Southern had a return on equity of 11.40% and a net margin of 21.52%. The company had revenue of $656.40 million during the quarter, compared to analyst estimates of $627.81 million. During the same quarter last year, the firm posted $1.22 earnings per share. The firm’s revenue was up 15.5% on a year-over-year basis.
Several equities analysts have commented on the company. UBS AG reaffirmed a “positive” rating and issued a $117.00 price objective (up previously from $103.00) on shares of Kansas City Southern in a research report on Monday, July 24th. Cowen and Company reaffirmed a “market perform” rating and issued a $104.00 price objective (up previously from $95.00) on shares of Kansas City Southern in a research report on Monday, July 24th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $105.00 price objective (up previously from $98.00) on shares of Kansas City Southern in a research report on Tuesday, July 25th. Aegis upped their price objective on Kansas City Southern from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, June 19th. Finally, BidaskClub raised Kansas City Southern from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 30th. Twelve research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Kansas City Southern currently has a consensus rating of “Hold” and a consensus price target of $103.31.
In related news, Director Robert J. Druten sold 3,500 shares of the company’s stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $92.57, for a total transaction of $323,995.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.95% of the company’s stock.
Several large investors have recently modified their holdings of KSU. Airain ltd boosted its stake in shares of Kansas City Southern by 33.4% in the second quarter. Airain ltd now owns 19,570 shares of the transportation company’s stock worth $2,048,000 after buying an additional 4,899 shares during the period. American Century Companies Inc. bought a new stake in shares of Kansas City Southern during the second quarter worth $266,000. Geneva Advisors LLC bought a new stake in shares of Kansas City Southern during the second quarter worth $813,000. Aviva PLC boosted its stake in shares of Kansas City Southern by 0.8% in the second quarter. Aviva PLC now owns 66,972 shares of the transportation company’s stock worth $7,009,000 after buying an additional 560 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of Kansas City Southern by 17.5% in the second quarter. Victory Capital Management Inc. now owns 17,163 shares of the transportation company’s stock worth $1,796,000 after buying an additional 2,560 shares during the period. Hedge funds and other institutional investors own 85.92% of the company’s stock.
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Shares of Kansas City Southern (NYSE:KSU) traded up 0.78% during mid-day trading on Friday, reaching $103.96. The company had a trading volume of 203,217 shares. Kansas City Southern has a 1-year low of $79.05 and a 1-year high of $106.35. The stock has a market capitalization of $10.96 billion, a price-to-earnings ratio of 20.92 and a beta of 0.80. The firm has a 50-day moving average price of $103.34 and a 200-day moving average price of $92.46.
Kansas City Southern Company Profile
Kansas City Southern (KCS) is a holding company. The Company has domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.
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