Analysts expect Kansas City Southern (NYSE:KSU) to post sales of $716.24 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Kansas City Southern’s earnings, with the lowest sales estimate coming in at $697.30 million and the highest estimate coming in at $733.10 million. Kansas City Southern reported sales of $656.60 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 9.1%. The business is scheduled to announce its next earnings report on Friday, October 19th.

According to Zacks, analysts expect that Kansas City Southern will report full year sales of $2.76 billion for the current year, with estimates ranging from $2.72 billion to $2.79 billion. For the next financial year, analysts anticipate that the company will post sales of $2.95 billion per share, with estimates ranging from $2.89 billion to $2.98 billion. Zacks’ sales averages are an average based on a survey of research analysts that cover Kansas City Southern.

Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Friday, July 20th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.02. Kansas City Southern had a return on equity of 12.01% and a net margin of 36.91%. The company had revenue of $682.40 million during the quarter, compared to the consensus estimate of $686.12 million. During the same period last year, the company earned $1.33 earnings per share. The firm’s revenue was up 4.0% compared to the same quarter last year.

A number of equities analysts have recently issued reports on KSU shares. Cowen restated a “hold” rating and set a $116.00 price objective on shares of Kansas City Southern in a research report on Monday, April 23rd. BMO Capital Markets upgraded Kansas City Southern from a “market perform” rating to an “outperform” rating and set a $120.00 target price for the company in a report on Monday, April 23rd. Credit Suisse Group lifted their target price on Kansas City Southern from $122.00 to $132.00 and gave the stock an “outperform” rating in a report on Monday, April 23rd. Morgan Stanley lifted their target price on Kansas City Southern from $104.00 to $107.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 25th. Finally, Stifel Nicolaus started coverage on Kansas City Southern in a report on Thursday, May 24th. They issued a “buy” rating and a $130.00 target price for the company. Five investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $120.00.

In other Kansas City Southern news, CFO Michael W. Upchurch sold 5,442 shares of Kansas City Southern stock in a transaction that occurred on Thursday, July 26th. The stock was sold at an average price of $116.77, for a total value of $635,462.34. Following the completion of the sale, the chief financial officer now directly owns 17,906 shares in the company, valued at $2,090,883.62. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.70% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Schroder Investment Management Group grew its stake in Kansas City Southern by 32.0% in the second quarter. Schroder Investment Management Group now owns 67,162 shares of the transportation company’s stock valued at $7,069,000 after acquiring an additional 16,266 shares during the period. Global X Management Co LLC grew its stake in Kansas City Southern by 26.3% in the second quarter. Global X Management Co LLC now owns 31,757 shares of the transportation company’s stock valued at $3,365,000 after acquiring an additional 6,607 shares during the period. Tiedemann Advisors LLC acquired a new stake in Kansas City Southern in the second quarter valued at approximately $479,000. Verition Fund Management LLC acquired a new stake in Kansas City Southern in the second quarter valued at approximately $1,307,000. Finally, California Public Employees Retirement System grew its stake in Kansas City Southern by 5.7% in the second quarter. California Public Employees Retirement System now owns 269,257 shares of the transportation company’s stock valued at $28,530,000 after acquiring an additional 14,441 shares during the period. Institutional investors and hedge funds own 88.69% of the company’s stock.

Shares of KSU traded up $1.60 during mid-day trading on Monday, reaching $115.36. 1,023,198 shares of the company were exchanged, compared to its average volume of 1,148,846. Kansas City Southern has a 52 week low of $99.47 and a 52 week high of $117.79. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.20 and a quick ratio of 0.85. The company has a market capitalization of $11.75 billion, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 1.45 and a beta of 0.83.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 3rd. Shareholders of record on Monday, September 10th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.25%. Kansas City Southern’s payout ratio is currently 27.43%.

Kansas City Southern Company Profile

Kansas City Southern, through its subsidiaries, provides domestic and international rail transportation services in North America. It 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: Book Value Per Share – BVPS

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