Equities research analysts expect Kansas City Southern (NYSE:KSU) to post sales of $652.31 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Kansas City Southern’s earnings, with the lowest sales estimate coming in at $644.90 million and the highest estimate coming in at $660.90 million. Kansas City Southern reported sales of $609.50 million in the same quarter last year, which indicates a positive year over year growth rate of 7%. The business is scheduled to report its next earnings report on Friday, April 20th.
According to Zacks, analysts expect that Kansas City Southern will report full-year sales of $652.31 million for the current financial year, with estimates ranging from $2.75 billion to $2.77 billion. For the next fiscal year, analysts anticipate that the firm will report sales of $2.93 billion per share, with estimates ranging from $2.87 billion to $2.95 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that cover Kansas City Southern.
Kansas City Southern (NYSE:KSU) last issued its earnings results on Friday, January 19th. The transportation company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.36 by $0.02. Kansas City Southern had a net margin of 37.24% and a return on equity of 12.07%. The company had revenue of $660.40 million for the quarter, compared to the consensus estimate of $658.33 million. During the same period in the previous year, the firm earned $1.21 earnings per share. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis.
A number of research analysts have issued reports on the stock. Zacks Investment Research raised shares of Kansas City Southern from a “hold” rating to a “buy” rating and set a $125.00 price objective on the stock in a research report on Wednesday, January 24th. Credit Suisse Group reissued an “outperform” rating and set a $121.00 price objective (down from $126.00) on shares of Kansas City Southern in a research report on Thursday. Morgan Stanley reissued an “equal weight” rating and set a $102.00 price objective (up from $97.00) on shares of Kansas City Southern in a research report on Thursday. Goldman Sachs Group assumed coverage on shares of Kansas City Southern in a research report on Monday, November 13th. They set a “neutral” rating and a $109.00 price objective on the stock. Finally, BMO Capital Markets reissued a “hold” rating and set a $109.00 price objective on shares of Kansas City Southern in a research report on Friday, November 24th. Six 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 stock presently has a consensus rating of “Buy” and an average price target of $115.53.
Kansas City Southern (NYSE KSU) opened at $111.65 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.46. Kansas City Southern has a one year low of $81.54 and a one year high of $114.85. The company has a market cap of $11,505.98, a price-to-earnings ratio of 21.35, a P/E/G ratio of 1.38 and a beta of 0.89.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 4th. Stockholders of record on Monday, March 12th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Friday, March 9th. Kansas City Southern’s dividend payout ratio (DPR) is presently 15.64%.
In other Kansas City Southern news, Director Henry J. Maier bought 1,000 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were purchased at an average price of $104.35 per share, for a total transaction of $104,350.00. Following the acquisition, the director now owns 5,159 shares in the company, valued at approximately $538,341.65. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CMO Brian D. Hancock sold 2,325 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $113.00, for a total transaction of $262,725.00. Following the sale, the chief marketing officer now owns 19,455 shares in the company, valued at approximately $2,198,415. The disclosure for this sale can be found here. Insiders own 0.95% of the company’s stock.
Hedge funds have recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. boosted its stake in Kansas City Southern by 17.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 163,262 shares of the transportation company’s stock worth $17,743,000 after purchasing an additional 23,787 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in Kansas City Southern in the 3rd quarter worth about $845,000. Victory Capital Management Inc. boosted its stake in Kansas City Southern by 112.4% in the 3rd quarter. Victory Capital Management Inc. now owns 36,461 shares of the transportation company’s stock worth $3,962,000 after purchasing an additional 19,298 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in Kansas City Southern by 72.4% in the 3rd quarter. Canada Pension Plan Investment Board now owns 114,042 shares of the transportation company’s stock worth $12,394,000 after purchasing an additional 47,900 shares in the last quarter. Finally, Andra AP fonden boosted its stake in Kansas City Southern by 605.0% in the 3rd quarter. Andra AP fonden now owns 14,100 shares of the transportation company’s stock worth $1,532,000 after purchasing an additional 12,100 shares in the last quarter. Hedge funds and other institutional investors own 86.69% of the company’s stock.
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About Kansas City Southern
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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