Kansas City Southern Given Average Rating of “Hold” by Analysts (NYSE:KSU)
Shares of Kansas City Southern (NYSE:KSU) have been given a consensus rating of “Hold” by the fifteen brokerages that are covering the stock, American Banking News reports. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $114.83.
Shares of Kansas City Southern (NYSE:KSU) opened at 113.59 on Thursday. Kansas City Southern has a 52-week low of $88.56 and a 52-week high of $125.96. The stock’s 50-day moving average is $111.9 and its 200-day moving average is $104.0. The company has a market cap of $12.533 billion and a P/E ratio of 27.73.
Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results on Friday, July 18th. The company reported $1.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.17 by $0.04. The company had revenue of $650.00 million for the quarter, compared to the consensus estimate of $645.05 million. During the same quarter last year, the company posted $0.96 earnings per share. Kansas City Southern’s revenue was up 12.2% compared to the same quarter last year. On average, analysts predict that Kansas City Southern will post $4.72 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 8th. Shareholders of record on Monday, September 8th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Thursday, September 4th.
KSU has been the subject of a number of recent research reports. Analysts at Macquarie upgraded shares of Kansas City Southern from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $114.00 price target on the stock, up previously from $106.00. Finally, analysts at Stephens reiterated an “equal weight” rating on shares of Kansas City Southern in a research note on Monday, July 21st. They now have a $117.00 price target on the stock, up previously from $110.00.
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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