Zacks: Analysts Expect Kansas City Southern (KSU) Will Post Earnings of $1.37 Per Share

Equities research analysts predict that Kansas City Southern (NYSE:KSU) will post earnings of $1.37 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Kansas City Southern’s earnings, with the lowest EPS estimate coming in at $1.30 and the highest estimate coming in at $1.49. Kansas City Southern posted earnings per share of $1.17 in the same quarter last year, which would suggest a positive year over year growth rate of 17.1%. The company is scheduled to announce its next earnings results before the market opens on Friday, April 20th.

On average, analysts expect that Kansas City Southern will report full year earnings of $6.21 per share for the current financial year, with EPS estimates ranging from $5.78 to $6.50. For the next year, analysts expect that the company will post earnings of $7.02 per share, with EPS estimates ranging from $6.38 to $7.30. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Kansas City Southern.

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Kansas City Southern (NYSE:KSU) last released its earnings results on Friday, January 19th. The transportation company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.02. Kansas City Southern had a return on equity of 12.07% and a net margin of 37.24%. The business 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 posted $1.21 earnings per share. Kansas City Southern’s revenue was up 10.3% on a year-over-year basis.

A number of brokerages have weighed in on KSU. Zacks Investment Research raised Kansas City Southern from a “hold” rating to a “buy” rating and set a $123.00 price target on the stock in a research report on Tuesday, February 27th. Seaport Global Securities reissued a “neutral” rating on shares of Kansas City Southern in a research report on Friday, March 23rd. Credit Suisse Group reissued an “outperform” rating and set a $121.00 price target (down previously from $126.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. Morgan Stanley boosted their price target on Kansas City Southern from $102.00 to $104.00 and gave the stock an “equal weight” rating in a research report on Friday, April 6th. Finally, BMO Capital Markets boosted their price target on Kansas City Southern from $117.00 to $120.00 and gave the stock a “market perform” rating in a research report on Friday. Seven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Kansas City Southern has a consensus rating of “Buy” and an average price target of $116.57.

KSU traded down $0.12 on Thursday, hitting $111.81. 653,053 shares of the company were exchanged, compared to its average volume of 1,333,046. Kansas City Southern has a 12 month low of $86.14 and a 12 month high of $114.85. The firm has a market capitalization of $11,349.29, a PE ratio of 21.06, a PEG ratio of 1.36 and a beta of 0.78. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.70.

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 4th. Stockholders of record on Monday, March 12th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Friday, March 9th. Kansas City Southern’s payout ratio is 27.43%.

In other news, Director Henry J. Maier bought 1,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were bought at an average price of $104.35 per share, with a total value of $104,350.00. Following the completion of the transaction, the director now owns 5,159 shares of the company’s stock, valued at $538,341.65. The purchase 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 company’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $113.00, for a total value of $262,725.00. Following the completion of the transaction, the chief marketing officer now directly owns 19,455 shares in the company, valued at approximately $2,198,415. The disclosure for this sale can be found here. 0.70% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the company. Delpha Capital Management LLC acquired a new stake in Kansas City Southern during the fourth quarter worth approximately $102,000. Cerebellum GP LLC bought a new position in Kansas City Southern during the 4th quarter worth $116,000. Tower Research Capital LLC TRC raised its position in Kansas City Southern by 182.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,414 shares of the transportation company’s stock worth $149,000 after purchasing an additional 914 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new position in Kansas City Southern during the 3rd quarter worth $160,000. Finally, Jump Trading LLC bought a new position in Kansas City Southern during the 4th quarter worth $214,000. 87.99% of the stock is currently owned by institutional investors.

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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.

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