Kansas City Southern (KSU) Receives $104.71 Consensus PT from Brokerages
Shares of Kansas City Southern (NYSE:KSU) have been assigned a consensus recommendation of “Hold” from the twenty-one ratings firms that are covering the stock, Marketbeat Ratings reports. Twelve investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $104.71.
Several equities research analysts have recently weighed in on the company. UBS AG reiterated a “positive” rating and issued a $117.00 price target (up from $103.00) on shares of Kansas City Southern in a report on Monday, July 24th. Cowen and Company reiterated a “market perform” rating and issued a $104.00 price target (up from $95.00) on shares of Kansas City Southern in a report on Monday, July 24th. BMO Capital Markets reiterated a “market perform” rating and issued a $105.00 price target (up from $98.00) on shares of Kansas City Southern in a report on Tuesday, July 25th. Aegis increased their price target on Kansas City Southern from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, June 19th. Finally, BidaskClub upgraded Kansas City Southern from a “buy” rating to a “strong-buy” rating in a report on Friday, June 30th.
In other Kansas City Southern news, Director Robert J. Druten sold 3,500 shares of the stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $92.57, for a total transaction of $323,995.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.95% of the company’s stock.
A number of hedge funds have recently made changes to their positions in the stock. WFG Advisors LP boosted its stake in shares of Kansas City Southern by 30.2% in the first quarter. WFG Advisors LP now owns 1,302 shares of the transportation company’s stock valued at $112,000 after buying an additional 302 shares during the period. Financial Architects Inc boosted its stake in shares of Kansas City Southern by 270.6% in the first quarter. Financial Architects Inc now owns 1,527 shares of the transportation company’s stock valued at $131,000 after buying an additional 1,115 shares during the period. V Wealth Management LLC bought a new stake in shares of Kansas City Southern during the second quarter valued at about $169,000. Pacer Advisors Inc. boosted its stake in shares of Kansas City Southern by 3.1% in the first quarter. Pacer Advisors Inc. now owns 2,202 shares of the transportation company’s stock valued at $189,000 after buying an additional 66 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Kansas City Southern by 2.4% in the first quarter. Envestnet Asset Management Inc. now owns 2,250 shares of the transportation company’s stock valued at $194,000 after buying an additional 52 shares during the period. 85.92% of the stock is currently owned by institutional investors and hedge funds.
Shares of Kansas City Southern (KSU) traded up 0.84% during midday trading on Friday, hitting $104.03. The stock had a trading volume of 557,139 shares. The stock has a market cap of $10.97 billion, a PE ratio of 20.94 and a beta of 0.80. The stock’s 50-day moving average is $103.34 and its 200-day moving average is $92.46. Kansas City Southern has a 12 month low of $79.05 and a 12 month high of $106.35.
Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Friday, July 21st. The transportation company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.07. Kansas City Southern had a return on equity of 11.40% and a net margin of 21.52%. The business had revenue of $656.40 million during the quarter, compared to analyst estimates of $627.81 million. During the same period last year, the company earned $1.22 EPS. The company’s revenue for the quarter was up 15.5% on a year-over-year basis. Equities analysts anticipate that Kansas City Southern will post $5.21 EPS for the current year.
Kansas City Southern Company Profile
Kansas City Southern (KCS) is a holding company. The Company has domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.
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