A number of firms have modified their ratings and price targets on shares of Kansas City Southern (NYSE: KSU) recently:
- 10/4/2016 – Kansas City Southern had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $98.00 price target on the stock.
- 9/20/2016 – Kansas City Southern was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $101.00 price target on the stock. According to Zacks, “Kansas City Southern, with its wide cross-country network, remains focused on growing opportunities in cross-border intermodal businesses between the U.S. and Mexico. The company has a dominant position on the U.S.-Mexico routes. Moreover, the company’s consistent efforts to expand its business, its ability to hike prices and efforts to reduce costs continue to impress. We are also impressed by the company's efforts to reward its shareholders. However, like most railroads, the company has been adversely affected by weakness in the energy segment. The Mexican peso depreciation is another headwind. However, the company's top line is expected to improve in the second half of the year.”
- 9/13/2016 – Kansas City Southern had its price target raised by analysts at Citigroup Inc. from $109.00 to $110.00. They now have a “buy” rating on the stock.
- 9/13/2016 – Kansas City Southern had its “hold” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $101.00 price target on the stock.
- 9/12/2016 – Kansas City Southern was upgraded by analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating. They now have a $99.00 price target on the stock, up previously from $94.00.
- 9/9/2016 – Kansas City Southern had its “buy” rating reaffirmed by analysts at Loop Capital.
- 8/15/2016 – Kansas City Southern had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $115.00 price target on the stock.
- 8/11/2016 – Kansas City Southern is now covered by analysts at Atlantic Securities. They set a “neutral” rating and a $113.00 price target on the stock.
Kansas City Southern (NYSE:KSU) traded down 0.30% on Tuesday, reaching $92.10. 875,195 shares of the company traded hands. Kansas City Southern has a one year low of $62.20 and a one year high of $100.69. The firm has a 50 day moving average of $94.71 and a 200-day moving average of $92.38. The stock has a market capitalization of $9.95 billion, a PE ratio of 20.04 and a beta of 1.14.
Kansas City Southern (NYSE:KSU) last posted its earnings results on Tuesday, July 19th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.14. The firm earned $569 million during the quarter, compared to analysts’ expectations of $572.20 million. Kansas City Southern had a net margin of 21.13% and a return on equity of 12.00%. On average, analysts anticipate that Kansas City Southern will post $4.75 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 5th. Stockholders of record on Monday, September 12th will be issued a $0.33 dividend. The ex-dividend date is Thursday, September 8th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.43%. Kansas City Southern’s dividend payout ratio (DPR) is currently 28.82%.
In other news, insider David L. Starling sold 5,100 shares of the company’s stock in a transaction that occurred on Wednesday, July 20th. The stock was sold at an average price of $98.88, for a total value of $504,288.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Patrick J. Ottensmeyer sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $95.62, for a total value of $478,100.00. Following the completion of the transaction, the chief executive officer now directly owns 90,228 shares of the company’s stock, valued at approximately $8,627,601.36. The disclosure for this sale can be found here. 0.86% of the stock is currently owned by insiders.
Kansas City Southern (KCS) is a transportation holding company with 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 controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-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 several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.
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