$732.59 Million in Sales Expected for Kansas City Southern (NYSE:KSU) This Quarter

Analysts forecast that Kansas City Southern (NYSE:KSU) will announce sales of $732.59 million for the current quarter, according to Zacks. Four analysts have made estimates for Kansas City Southern’s earnings, with estimates ranging from $726.42 million to $736.14 million. Kansas City Southern posted sales of $694.00 million during the same quarter last year, which would indicate a positive year over year growth rate of 5.6%. The company is expected to issue its next earnings report on Friday, January 17th.

According to Zacks, analysts expect that Kansas City Southern will report full-year sales of $2.87 billion for the current fiscal year, with estimates ranging from $2.86 billion to $2.89 billion. For the next year, analysts forecast that the business will post sales of $3.03 billion, with estimates ranging from $3.00 billion to $3.05 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that follow Kansas City Southern.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings results on Friday, October 18th. The transportation company reported $1.94 EPS for the quarter, beating the consensus estimate of $1.79 by $0.15. Kansas City Southern had a net margin of 20.23% and a return on equity of 13.03%. The business had revenue of $747.70 million for the quarter, compared to analyst estimates of $734.39 million. During the same period in the prior year, the business earned $1.57 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis.

KSU has been the topic of a number of analyst reports. Cowen increased their target price on Kansas City Southern from $136.00 to $151.00 and gave the company an “outperform” rating in a report on Friday, October 18th. BMO Capital Markets boosted their price target on Kansas City Southern from $140.00 to $154.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Citigroup upped their price objective on Kansas City Southern from $144.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Loop Capital upped their price objective on Kansas City Southern to $160.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, Goldman Sachs Group started coverage on Kansas City Southern in a research note on Thursday. They set a “neutral” rating and a $156.00 price objective on the stock. Seven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Kansas City Southern presently has a consensus rating of “Buy” and an average target price of $143.06.

In other news, EVP Brian D. Hancock sold 4,368 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $154.46, for a total transaction of $674,681.28. Following the completion of the transaction, the executive vice president now owns 29,996 shares of the company’s stock, valued at approximately $4,633,182.16. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Jeffrey M. Songer sold 6,304 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $154.45, for a total transaction of $973,652.80. Following the transaction, the chief operating officer now directly owns 26,772 shares of the company’s stock, valued at approximately $4,134,935.40. The disclosure for this sale can be found here. Insiders have sold 11,478 shares of company stock worth $1,773,780 in the last 90 days. Insiders own 0.82% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rehmann Capital Advisory Group raised its stake in Kansas City Southern by 81.3% during the second quarter. Rehmann Capital Advisory Group now owns 223 shares of the transportation company’s stock worth $27,000 after purchasing an additional 100 shares during the period. Horan Capital Advisors LLC. purchased a new stake in shares of Kansas City Southern during the 3rd quarter valued at $28,000. Berman Capital Advisors LLC increased its holdings in shares of Kansas City Southern by 164.8% during the 2nd quarter. Berman Capital Advisors LLC now owns 241 shares of the transportation company’s stock worth $29,000 after buying an additional 150 shares during the last quarter. HM Payson & Co. acquired a new stake in shares of Kansas City Southern during the 2nd quarter worth $32,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in shares of Kansas City Southern by 1,288.9% in the 3rd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 250 shares of the transportation company’s stock worth $33,000 after buying an additional 232 shares during the period. 88.23% of the stock is currently owned by institutional investors and hedge funds.

Shares of Kansas City Southern stock opened at $152.64 on Friday. Kansas City Southern has a 1 year low of $90.55 and a 1 year high of $156.98. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.78 and a quick ratio of 0.58. The business has a 50 day moving average price of $149.51 and a 200 day moving average price of $129.98. The company has a market capitalization of $15.13 billion, a P/E ratio of 25.57, a P/E/G ratio of 1.46 and a beta of 0.99.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Monday, December 30th. This is a positive change from Kansas City Southern’s previous quarterly dividend of $0.36. Kansas City Southern’s dividend payout ratio is currently 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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