Kansas City Southern (KSU) Given Average Rating of “Buy” by Analysts

Kansas City Southern (NYSE:KSU) has been given an average rating of “Buy” by the sixteen ratings firms that are currently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $116.54.

A number of research analysts recently commented on the company. Zacks Investment Research cut Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Tuesday, March 13th. Morgan Stanley restated an “equal weight” rating and set a $102.00 price target (up from $97.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. BMO Capital Markets upped their price target on shares of Kansas City Southern from $117.00 to $120.00 and gave the company a “market perform” rating in a research report on Friday. Credit Suisse Group restated an “outperform” rating and set a $121.00 price target (down from $126.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. Finally, Seaport Global Securities restated a “neutral” rating on shares of Kansas City Southern in a research report on Friday, March 23rd.

How to Become a New Pot Stock Millionaire

In other news, Director Henry J. Maier bought 1,000 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was bought at an average cost of $104.35 per share, for a total transaction of $104,350.00. Following the completion of the acquisition, the director now owns 5,159 shares in the company, valued at approximately $538,341.65. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Brian D. Hancock sold 2,325 shares of the 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 sale, the chief marketing officer now owns 19,455 shares of the company’s stock, valued at $2,198,415. The disclosure for this sale can be found here. Corporate insiders own 0.70% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Janus Henderson Group PLC lifted its holdings in Kansas City Southern by 64.7% in the third quarter. Janus Henderson Group PLC now owns 452,260 shares of the transportation company’s stock worth $49,151,000 after buying an additional 177,706 shares during the period. Victory Capital Management Inc. increased its stake in shares of Kansas City Southern by 15.9% during the fourth quarter. Victory Capital Management Inc. now owns 42,259 shares of the transportation company’s stock valued at $4,446,000 after purchasing an additional 5,798 shares in the last quarter. Elkfork Partners LLC bought a new position in shares of Kansas City Southern during the fourth quarter valued at approximately $3,550,000. JPMorgan Chase & Co. increased its stake in shares of Kansas City Southern by 150.3% during the third quarter. JPMorgan Chase & Co. now owns 165,215 shares of the transportation company’s stock valued at $17,875,000 after purchasing an additional 99,215 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board bought a new position in shares of Kansas City Southern during the fourth quarter valued at approximately $1,942,000. Institutional investors own 87.99% of the company’s stock.

KSU traded up $0.36 during trading on Thursday, reaching $112.29. The stock had a trading volume of 284,843 shares, compared to its average volume of 1,326,239. The stock has a market cap of $11,349.29, a PE ratio of 21.06, a P/E/G ratio of 1.36 and a beta of 0.78. The company has a quick ratio of 0.54, a current ratio of 0.70 and a debt-to-equity ratio of 0.46. Kansas City Southern has a one year low of $86.14 and a one year high of $114.85.

Kansas City Southern (NYSE:KSU) last released its earnings results on Friday, January 19th. The transportation company reported $1.38 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.02. The business had revenue of $660.40 million for the quarter, compared to analysts’ expectations of $658.33 million. Kansas City Southern had a return on equity of 12.07% and a net margin of 37.24%. The firm’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.21 earnings per share. equities analysts anticipate that Kansas City Southern will post 6.21 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 4th. Stockholders of record on Monday, March 12th were issued a dividend of $0.36 per share. The ex-dividend date was Friday, March 9th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.28%. Kansas City Southern’s dividend payout ratio is currently 27.43%.

WARNING: “Kansas City Southern (KSU) Given Average Rating of “Buy” by Analysts” was reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.chaffeybreeze.com/2018/04/17/kansas-city-southern-ksu-given-average-rating-of-buy-by-analysts.html.

Kansas City Southern Company Profile

Kansas City Southern, through its subsidiaries, provides domestic and international rail transportation services in North America. It 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.

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

Receive News & Ratings for Kansas City Southern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kansas City Southern and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply