Kansas City Southern (NYSE:KSU) Given Average Rating of “Buy” by Brokerages
Shares of Kansas City Southern (NYSE:KSU) have been given an average rating of “Buy” by the nineteen brokerages that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $141.69.
Several brokerages have recently commented on KSU. Deutsche Bank reaffirmed a “buy” rating and set a $165.00 price objective on shares of Kansas City Southern in a research report on Monday, October 21st. They noted that the move was a valuation call. Loop Capital raised their price objective on shares of Kansas City Southern to $160.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Seaport Global Securities raised their price objective on shares of Kansas City Southern from $145.00 to $154.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. UBS Group lifted their price target on shares of Kansas City Southern from $143.00 to $163.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, BMO Capital Markets lifted their price target on shares of Kansas City Southern from $140.00 to $154.00 and gave the company an “outperform” rating in a research report on Monday, October 21st.
In related news, EVP Warren K. Erdman sold 6,840 shares of Kansas City Southern stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $127.39, for a total value of $871,347.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.82% of the company’s stock.
Shares of KSU stock traded down $0.52 during trading hours on Friday, hitting $153.31. 637,864 shares of the company were exchanged, compared to its average volume of 1,025,289. The firm has a market cap of $14.84 billion, a P/E ratio of 25.68, a P/E/G ratio of 1.44 and a beta of 0.95. Kansas City Southern has a fifty-two week low of $90.55 and a fifty-two week high of $155.52. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.58 and a current ratio of 0.78. The company has a 50 day simple moving average of $137.36 and a two-hundred day simple moving average of $125.77.
Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, October 18th. The transportation company reported $1.94 EPS for the quarter, topping the consensus estimate of $1.79 by $0.15. The company had revenue of $747.70 million during the quarter, compared to the consensus estimate of $734.39 million. Kansas City Southern had a net margin of 20.23% and a return on equity of 13.03%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.57 EPS. As a group, sell-side analysts expect that Kansas City Southern will post 6.91 EPS for the current fiscal year.
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.
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