Kansas City Southern (KSU) Expected to Announce Quarterly Sales of $652.31 Million

Analysts expect that Kansas City Southern (NYSE:KSU) will report $652.31 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Kansas City Southern’s earnings, with the highest sales estimate coming in at $660.90 million and the lowest estimate coming in at $644.90 million. Kansas City Southern posted sales of $609.50 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 7%. The firm is expected to announce 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 fiscal year, with estimates ranging from $2.75 billion to $2.77 billion. For the next fiscal year, analysts expect that the business will post 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 an average based on a survey of sell-side research firms that that provide coverage for Kansas City Southern.

Kansas City Southern (NYSE:KSU) last released its earnings results on Friday, January 19th. The transportation company reported $1.38 earnings per share for the quarter, beating 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 firm had revenue of $660.40 million during the quarter, compared to analyst estimates of $658.33 million. During the same quarter in the previous year, the firm earned $1.21 earnings per share. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year.

Several equities analysts have recently 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 target for the company in a report on Wednesday, January 24th. BMO Capital Markets reissued a “hold” rating and set a $109.00 price target on shares of Kansas City Southern in a report on Friday, November 24th. Goldman Sachs Group assumed coverage on shares of Kansas City Southern in a report on Monday, November 13th. They set a “neutral” rating and a $109.00 price target for the company. Barclays boosted their price target on shares of Kansas City Southern from $100.00 to $105.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd. Finally, Credit Suisse Group boosted their price target on shares of Kansas City Southern from $122.00 to $124.00 and gave the company an “outperform” rating in a report on Monday, October 23rd. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $115.47.

In related news, COO Jeffrey M. Songer sold 3,000 shares of the company’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $111.80, for a total value of $335,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Brian D. Hancock sold 2,325 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $113.00, for a total transaction of $262,725.00. Following the completion of the sale, the chief marketing officer now directly owns 19,455 shares of the company’s stock, valued at approximately $2,198,415. The disclosure for this sale can be found here. Corporate insiders own 0.95% of the company’s stock.

A number of institutional investors have recently modified their holdings of KSU. Impala Asset Management LLC raised its position in Kansas City Southern by 4,730.9% in the third quarter. Impala Asset Management LLC now owns 458,353 shares of the transportation company’s stock worth $49,814,000 after acquiring an additional 448,865 shares in the last quarter. Ardevora Asset Management LLP bought a new stake in Kansas City Southern in the third quarter worth about $35,593,000. Koch Industries Inc. bought a new stake in Kansas City Southern in the second quarter worth about $306,000. Point72 Asset Management L.P. raised its position in Kansas City Southern by 2,421.0% in the third quarter. Point72 Asset Management L.P. now owns 293,897 shares of the transportation company’s stock worth $31,941,000 after acquiring an additional 282,239 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in Kansas City Southern by 1,496.4% in the second quarter. Janus Henderson Group PLC now owns 274,554 shares of the transportation company’s stock worth $28,732,000 after acquiring an additional 257,356 shares in the last quarter. Hedge funds and other institutional investors own 84.63% of the company’s stock.

Kansas City Southern (NYSE KSU) opened at $110.15 on Monday. Kansas City Southern has a 1-year low of $81.54 and a 1-year high of $114.85. The stock has a market cap of $11,351.35, a price-to-earnings ratio of 21.06, a PEG ratio of 1.37 and a beta of 0.83. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 0.46.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 4th. Investors of record on Monday, March 12th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Friday, March 9th. Kansas City Southern’s payout ratio is currently 15.64%.

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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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