Trade Report: The Kansas City Southern (KSU) Receives $99.71 Consensus Target Price from Brokerages

The Kansas City Southern (KSU) Receives $99.71 Consensus Target Price from Brokerages

Kansas City Southern (NYSE:KSU) has received an average rating of “Hold” from the twenty-three brokerages that are currently covering the firm. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $99.71.

Several equities analysts have recently issued reports on the stock. Loop Capital reaffirmed a “buy” rating and issued a $115.00 price objective on shares of Kansas City Southern in a research note on Monday, August 15th. Zacks Investment Research raised shares of Kansas City Southern from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a research note on Wednesday, August 3rd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $98.00 price objective on shares of Kansas City Southern in a research note on Tuesday, October 4th. Bank of America Corp. cut shares of Kansas City Southern from a “buy” rating to a “neutral” rating and set a $94.00 price objective on the stock. in a research note on Wednesday, November 9th. Finally, Vertical Research assumed coverage on shares of Kansas City Southern in a research note on Tuesday, October 11th. They issued a “hold” rating on the stock.

Hedge funds have recently modified their holdings of the company. Winslow Capital Management LLC purchased a new stake in shares of Kansas City Southern during the second quarter worth $261,621,000. Emerald Acquisition Ltd. purchased a new stake in shares of Kansas City Southern during the second quarter worth $80,949,000. Nomura Holdings Inc. boosted its stake in shares of Kansas City Southern by 10,267.3% in the second quarter. Nomura Holdings Inc. now owns 417,699 shares of the company’s stock worth $37,740,000 after buying an additional 413,670 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Kansas City Southern by 40.9% in the third quarter. Ameriprise Financial Inc. now owns 1,298,826 shares of the company’s stock worth $121,209,000 after buying an additional 377,292 shares during the last quarter. Finally, BlackRock Advisors LLC boosted its stake in shares of Kansas City Southern by 39.8% in the third quarter. BlackRock Advisors LLC now owns 1,291,945 shares of the company’s stock worth $120,564,000 after buying an additional 367,708 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Kansas City Southern (NYSE:KSU) opened at 87.79 on Wednesday. The stock has a market cap of $9.44 billion, a P/E ratio of 19.45 and a beta of 0.89. Kansas City Southern has a 1-year low of $62.20 and a 1-year high of $100.69. The firm’s 50-day moving average is $89.13 and its 200-day moving average is $92.08.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings results on Tuesday, October 18th. The company reported $1.12 EPS for the quarter, missing analysts’ consensus estimates of $1.22 by $0.10. Kansas City Southern had a return on equity of 11.57% and a net margin of 20.90%. The company had revenue of $605 million for the quarter, compared to the consensus estimate of $411.30 million. During the same quarter last year, the firm posted $1.21 earnings per share. The firm’s quarterly revenue was down 4.3% compared to the same quarter last year. On average, analysts forecast that Kansas City Southern will post $4.58 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 18th. Stockholders of record on Friday, December 30th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Wednesday, December 28th. Kansas City Southern’s payout ratio is 29.33%.

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