Kansas City Southern (KSU) Expected to Post Quarterly Sales of $660.57 Million

Wall Street analysts expect Kansas City Southern (NYSE:KSU) to post sales of $660.57 million for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Kansas City Southern’s earnings, with estimates ranging from $651.50 million to $674.79 million. Kansas City Southern reported sales of $598.50 million in the same quarter last year, which suggests a positive year over year growth rate of 10.4%. The business is expected to issue its next quarterly earnings results before the market opens on Friday, January 19th.

According to Zacks, analysts expect that Kansas City Southern will report full year sales of $660.57 million for the current financial year, with estimates ranging from $2.57 billion to $2.60 billion. For the next year, analysts forecast that the business will post sales of $2.73 billion per share, with estimates ranging from $2.71 billion to $2.77 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Kansas City Southern.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings data on Friday, January 19th. The transportation company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.02. Kansas City Southern had a return on equity of 11.86% and a net margin of 21.42%. The firm had revenue of $660.40 million for the quarter, compared to analyst estimates of $658.33 million. During the same quarter in the prior year, the company earned $1.21 earnings per share. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year.

A number of equities research analysts recently issued reports on KSU shares. Loop Capital reissued a “buy” rating and set a $124.00 price target (up previously from $118.00) on shares of Kansas City Southern in a research report on Monday, October 23rd. Bank of America raised Kansas City Southern from a “neutral” rating to a “buy” rating and increased their price target for the stock from $113.00 to $116.00 in a research report on Tuesday, October 10th. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research report on Monday, October 2nd. Stifel Nicolaus reissued a “buy” rating and set a $118.00 price target on shares of Kansas City Southern in a research report on Thursday, September 21st. Finally, Citigroup reissued a “buy” rating and set a $123.00 price target (up previously from $116.00) on shares of Kansas City Southern in a research report on Wednesday, October 4th. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Kansas City Southern has a consensus rating of “Buy” and a consensus price target of $113.81.

In related news, SVP Mary K. Stadler sold 1,973 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $103.91, for a total transaction of $205,014.43. Following the completion of the transaction, the senior vice president now directly owns 6,102 shares of the company’s stock, valued at approximately $634,058.82. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Jeffrey M. Songer sold 3,000 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $111.80, for a total value of $335,400.00. The disclosure for this sale can be found here. 0.95% of the stock is owned by company insiders.

A number of large investors have recently made changes to their positions in KSU. Howe & Rusling Inc. bought a new position in Kansas City Southern during the 3rd quarter worth $130,000. QS Investors LLC raised its position in Kansas City Southern by 0.5% during the 2nd quarter. QS Investors LLC now owns 1,320 shares of the transportation company’s stock worth $138,000 after purchasing an additional 7 shares during the last quarter. San Francisco Sentry Investment Group CA bought a new position in Kansas City Southern during the 2nd quarter worth $160,000. Steward Partners Investment Advisory LLC bought a new position in shares of Kansas City Southern in the 3rd quarter worth about $160,000. Finally, Wilbanks Smith & Thomas Asset Management LLC bought a new position in shares of Kansas City Southern in the 2nd quarter worth about $210,000. 83.57% of the stock is owned by institutional investors and hedge funds.

Kansas City Southern (NYSE KSU) traded up $0.69 during trading on Friday, hitting $111.50. The stock had a trading volume of 2,273,800 shares, compared to its average volume of 1,786,392. The firm has a market capitalization of $11,380.00, a P/E ratio of 21.91, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87. Kansas City Southern has a 52 week low of $81.54 and a 52 week high of $114.85. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 0.51.

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 17th. Investors of record on Friday, December 29th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.29%. The ex-dividend date was Thursday, December 28th. Kansas City Southern’s dividend payout ratio is currently 28.29%.

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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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