Wall Street brokerages expect Kansas City Southern (NYSE:KSU) to report $730.29 million in sales for the current quarter, Zacks reports. Four analysts have provided estimates for Kansas City Southern’s earnings. The highest sales estimate is $737.00 million and the lowest is $720.41 million. Kansas City Southern reported sales of $699.00 million in the same quarter last year, which would suggest a positive year over year growth rate of 4.5%. The business is scheduled to announce its next earnings report on Friday, October 18th.

On average, analysts expect that Kansas City Southern will report full-year sales of $2.85 billion for the current year, with estimates ranging from $2.83 billion to $2.87 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $3.01 billion, with estimates ranging from $2.97 billion to $3.08 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Kansas City Southern.

Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Friday, July 19th. The transportation company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.60 by $0.04. The firm had revenue of $714.00 million during the quarter, compared to the consensus estimate of $704.55 million. Kansas City Southern had a net margin of 20.35% and a return on equity of 12.45%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.54 earnings per share.

Several brokerages have recently commented on KSU. Loop Capital upped their price objective on shares of Kansas City Southern to $144.00 and gave the company a “buy” rating in a research note on Monday, July 22nd. Credit Suisse Group upped their price objective on shares of Kansas City Southern from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, July 22nd. Cascend Securities downgraded shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Raymond James upped their price objective on shares of Kansas City Southern from $140.00 to $141.00 and gave the company a “strong-buy” rating in a research note on Monday, July 22nd. Finally, Cowen set a $136.00 price objective on shares of Kansas City Southern and gave the company a “buy” rating in a research note on Friday, July 19th. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $130.36.

In related news, Director Robert J. Druten sold 2,500 shares of the stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $125.04, for a total value of $312,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lu M. Cordova sold 1,000 shares of the stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $124.50, for a total transaction of $124,500.00. Following the completion of the transaction, the director now directly owns 1,032 shares of the company’s stock, valued at $128,484. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,890 shares of company stock valued at $727,881. 0.82% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Berman Capital Advisors LLC increased its stake in shares of Kansas City Southern by 164.8% during the second quarter. Berman Capital Advisors LLC now owns 241 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 150 shares in the last quarter. HM Payson & Co. bought a new position in shares of Kansas City Southern during the second quarter valued at approximately $32,000. Covington Capital Management bought a new position in shares of Kansas City Southern during the second quarter valued at approximately $37,000. Thor Advisors LLC bought a new position in shares of Kansas City Southern during the first quarter valued at approximately $37,000. Finally, Nelson Roberts Investment Advisors LLC bought a new position in shares of Kansas City Southern during the first quarter valued at approximately $40,000. 89.63% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:KSU traded up $2.28 during midday trading on Friday, hitting $124.33. 909,600 shares of the stock traded hands, compared to its average volume of 1,048,026. The stock has a market capitalization of $12.00 billion, a PE ratio of 20.83, a P/E/G ratio of 1.20 and a beta of 0.94. The business’s 50 day moving average is $121.37 and its two-hundred day moving average is $117.39. The company has a quick ratio of 0.59, a current ratio of 0.79 and a debt-to-equity ratio of 0.47. Kansas City Southern has a one year low of $90.55 and a one year high of $126.47.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Monday, September 9th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Friday, September 6th. Kansas City Southern’s 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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