Kansas City Southern (NYSE:KSU) Given Average Rating of “Buy” by Brokerages

Shares of Kansas City Southern (NYSE:KSU) have been given an average rating of “Buy” by the nineteen brokerages that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $141.69.

Several brokerages have recently commented on KSU. Deutsche Bank reaffirmed a “buy” rating and set a $165.00 price objective on shares of Kansas City Southern in a research report on Monday, October 21st. They noted that the move was a valuation call. Loop Capital raised their price objective on shares of Kansas City Southern to $160.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Seaport Global Securities raised their price objective on shares of Kansas City Southern from $145.00 to $154.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. UBS Group lifted their price target on shares of Kansas City Southern from $143.00 to $163.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, BMO Capital Markets lifted their price target on shares of Kansas City Southern from $140.00 to $154.00 and gave the company an “outperform” rating in a research report on Monday, October 21st.

In related news, EVP Warren K. Erdman sold 6,840 shares of Kansas City Southern stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $127.39, for a total value of $871,347.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.82% of the company’s stock.

A number of large investors have recently modified their holdings of KSU. FMR LLC lifted its stake in Kansas City Southern by 9.2% during the 1st quarter. FMR LLC now owns 152,478 shares of the transportation company’s stock valued at $17,684,000 after acquiring an additional 12,805 shares in the last quarter. Fulton Bank N.A. bought a new position in Kansas City Southern during the 2nd quarter valued at $331,000. DNB Asset Management AS lifted its stake in Kansas City Southern by 18.5% during the 2nd quarter. DNB Asset Management AS now owns 17,235 shares of the transportation company’s stock valued at $2,100,000 after acquiring an additional 2,693 shares in the last quarter. WINTON GROUP Ltd lifted its stake in Kansas City Southern by 13.4% during the 2nd quarter. WINTON GROUP Ltd now owns 319,408 shares of the transportation company’s stock valued at $38,910,000 after acquiring an additional 37,691 shares in the last quarter. Finally, Packer & Co Ltd lifted its stake in Kansas City Southern by 132.9% during the 2nd quarter. Packer & Co Ltd now owns 759,998 shares of the transportation company’s stock valued at $39,749,000 after acquiring an additional 433,708 shares in the last quarter. Institutional investors and hedge funds own 88.20% of the company’s stock.

Shares of KSU stock traded down $0.52 during trading hours on Friday, hitting $153.31. 637,864 shares of the company were exchanged, compared to its average volume of 1,025,289. The firm has a market cap of $14.84 billion, a P/E ratio of 25.68, a P/E/G ratio of 1.44 and a beta of 0.95. Kansas City Southern has a fifty-two week low of $90.55 and a fifty-two week high of $155.52. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.58 and a current ratio of 0.78. The company has a 50 day simple moving average of $137.36 and a two-hundred day simple moving average of $125.77.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, October 18th. The transportation company reported $1.94 EPS for the quarter, topping the consensus estimate of $1.79 by $0.15. The company had revenue of $747.70 million during the quarter, compared to the consensus estimate of $734.39 million. Kansas City Southern had a net margin of 20.23% and a return on equity of 13.03%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.57 EPS. As a group, sell-side analysts expect that Kansas City Southern will post 6.91 EPS for the current fiscal year.

About Kansas City Southern

Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

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Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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