Zacks: Analysts Expect Kansas City Southern (KSU) Will Post Earnings of $1.51 Per Share

Brokerages forecast that Kansas City Southern (NYSE:KSU) will post earnings of $1.51 per share for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Kansas City Southern’s earnings, with estimates ranging from $1.46 to $1.59. Kansas City Southern reported earnings of $1.30 per share during the same quarter last year, which suggests a positive year over year growth rate of 16.2%. The business is expected to report its next quarterly earnings report on Friday, April 19th.

According to Zacks, analysts expect that Kansas City Southern will report full year earnings of $6.79 per share for the current fiscal year, with EPS estimates ranging from $6.48 to $7.10. For the next fiscal year, analysts forecast that the firm will post earnings of $7.63 per share, with EPS estimates ranging from $7.39 to $7.85. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Kansas City Southern.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, January 18th. The transportation company reported $1.56 earnings per share for the quarter, hitting the consensus estimate of $1.56. Kansas City Southern had a return on equity of 12.11% and a net margin of 23.12%. The business had revenue of $694.00 million during the quarter, compared to the consensus estimate of $687.56 million. During the same period in the prior year, the company earned $1.38 EPS. Kansas City Southern’s revenue for the quarter was up 5.1% on a year-over-year basis.

KSU has been the subject of several recent analyst reports. JPMorgan Chase & Co. downgraded Kansas City Southern from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $138.00 to $118.00 in a research report on Tuesday, December 18th. BMO Capital Markets dropped their target price on Kansas City Southern from $128.00 to $127.00 and set an “outperform” rating for the company in a research report on Monday, October 22nd. Loop Capital dropped their target price on Kansas City Southern from $136.00 to $132.00 and set a “buy” rating for the company in a research report on Wednesday, January 16th. Credit Suisse Group reiterated a “buy” rating and issued a $129.00 target price (up from $116.00) on shares of Kansas City Southern in a research report on Sunday, January 20th. Finally, Atlantic Securities initiated coverage on Kansas City Southern in a research report on Tuesday, January 8th. They issued an “overweight” rating and a $98.03 target price for the company. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Kansas City Southern has an average rating of “Buy” and an average price target of $123.39.

Several hedge funds have recently modified their holdings of the company. HRT Financial LLC acquired a new stake in Kansas City Southern during the fourth quarter worth approximately $243,000. CI Investments Inc. acquired a new stake in Kansas City Southern during the fourth quarter worth approximately $220,000. Millennium Management LLC grew its stake in Kansas City Southern by 119.3% during the fourth quarter. Millennium Management LLC now owns 84,377 shares of the transportation company’s stock worth $8,054,000 after purchasing an additional 45,904 shares during the period. Vestor Capital LLC acquired a new stake in Kansas City Southern during the fourth quarter worth approximately $3,075,000. Finally, National Pension Service grew its stake in Kansas City Southern by 5.6% during the fourth quarter. National Pension Service now owns 140,427 shares of the transportation company’s stock worth $14,731,000 after purchasing an additional 7,404 shares during the period. 88.97% of the stock is owned by institutional investors.

Shares of KSU stock traded up $2.64 on Wednesday, hitting $107.54. 1,200,081 shares of the company’s stock were exchanged, compared to its average volume of 1,223,506. The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 0.52. Kansas City Southern has a 12 month low of $90.55 and a 12 month high of $120.34. The company has a market cap of $10.86 billion, a P/E ratio of 18.01, a P/E/G ratio of 1.18 and a beta of 0.79.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Monday, March 11th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, March 8th. This represents a $1.44 annualized dividend and a dividend yield of 1.34%. Kansas City Southern’s payout ratio is 24.12%.

Kansas City Southern Company Profile

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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