Kansas City Southern (KSU) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Kansas City Southern (NYSE:KSU) have been given a consensus rating of “Buy” by the sixteen research firms that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $127.00.
A number of equities analysts have recently issued reports on the stock. Citigroup increased their price target on shares of Kansas City Southern from $130.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, April 4th. Bank of America restated a “buy” rating and set a $127.00 target price (up from $122.00) on shares of Kansas City Southern in a report on Wednesday, March 20th. Loop Capital set a $132.00 target price on shares of Kansas City Southern and gave the company a “buy” rating in a report on Friday, February 22nd. Deutsche Bank restated a “buy” rating on shares of Kansas City Southern in a report on Wednesday, February 20th. Finally, Cowen restated a “buy” rating and set a $136.00 target price on shares of Kansas City Southern in a report on Wednesday, May 1st.
In other Kansas City Southern news, CEO Patrick J. Ottensmeyer sold 13,800 shares of the firm’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $124.48, for a total transaction of $1,717,824.00. Following the sale, the chief executive officer now directly owns 109,725 shares of the company’s stock, valued at approximately $13,658,568. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Brian D. Hancock sold 4,648 shares of the firm’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $124.77, for a total transaction of $579,930.96. Following the sale, the executive vice president now directly owns 30,276 shares in the company, valued at $3,777,536.52. The disclosure for this sale can be found here. Insiders have sold a total of 31,285 shares of company stock valued at $3,870,266 over the last 90 days. 0.82% of the stock is currently owned by insiders.
Kansas City Southern stock traded down $0.11 during trading hours on Friday, reaching $120.78. 24,359 shares of the stock were exchanged, compared to its average volume of 1,115,307. The company has a market cap of $12.36 billion, a P/E ratio of 20.24, a PEG ratio of 1.19 and a beta of 0.90. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.02 and a current ratio of 1.36. Kansas City Southern has a 52-week low of $90.55 and a 52-week high of $125.92.
Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Wednesday, April 17th. The transportation company reported $1.54 EPS for the quarter, topping the Zacks’ consensus estimate of $1.44 by $0.10. The company had revenue of $674.80 million during the quarter, compared to the consensus estimate of $669.08 million. Kansas City Southern had a net margin of 21.30% and a return on equity of 12.40%. Kansas City Southern’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.30 EPS. As a group, equities analysts predict that Kansas City Southern will post 6.86 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Monday, June 10th will be issued a dividend of $0.36 per share. The ex-dividend date is Friday, June 7th. This represents a $1.44 annualized dividend and a yield of 1.19%. Kansas City Southern’s dividend payout ratio (DPR) is currently 24.12%.
About Kansas City Southern
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.
See Also: Cash Flow
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