Kansas City Southern (KSU) Posts Quarterly Results
Kansas City Southern (NYSE:KSU) released its earnings data on Friday. The company reported $1.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.12 by $0.02, Analyst Ratings.Net reports. The company had revenue of $622.00 million for the quarter, compared to the consensus estimate of $628.40 million.
Several analysts have recently commented on the stock. Analysts at Credit Suisse downgraded shares of Kansas City Southern from a “focus list” rating to an “outperform” rating in a research note to investors on Wednesday, October 9th. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Kansas City Southern in a research note to investors on Thursday, August 1st. They now have a $113.00 price target on the stock. Finally, analysts at Raymond James raised their price target on shares of Kansas City Southern from $128.00 to $135.00 in a research note to investors on Tuesday, July 23rd. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $112.00.
Kansas City Southern (NYSE:KSU) opened at 113.16 on Friday. Kansas City Southern has a one year low of $72.80 and a one year high of $118.88. The stock’s 50-day moving average is $110.4 and its 200-day moving average is $109.5. The company has a market cap of $12.472 billion and a price-to-earnings ratio of 41.37.
Kansas City Southern (NYSE:KSU) is a transportation holding company with domestic and international rail operations in North America that are strategically focused on the growing north/south freight corridor connecting key commercial and industrial markets in the central United States with industrial cities in Mexico.
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