Zacks: Brokerages Anticipate Kansas City Southern (NYSE:KSU) Will Announce Earnings of $2.09 Per Share


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Brokerages expect Kansas City Southern (NYSE:KSU) to post $2.09 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Kansas City Southern’s earnings, with the highest EPS estimate coming in at $2.14 and the lowest estimate coming in at $2.06. Kansas City Southern reported earnings per share of $1.96 during the same quarter last year, which would suggest a positive year over year growth rate of 6.6%. The business is expected to announce its next quarterly earnings results before the market opens on Friday, April 16th.

On average, analysts expect that Kansas City Southern will report full-year earnings of $9.03 per share for the current year, with EPS estimates ranging from $8.90 to $9.15. For the next fiscal year, analysts forecast that the firm will post earnings of $10.63 per share, with EPS estimates ranging from $10.50 to $10.75. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that follow Kansas City Southern.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Thursday, January 21st. The transportation company reported $1.89 EPS for the quarter, missing the consensus estimate of $1.92 by ($0.03). Kansas City Southern had a net margin of 21.68% and a return on equity of 13.91%. The firm had revenue of $693.40 million for the quarter, compared to analyst estimates of $700.65 million. During the same quarter in the prior year, the firm earned $1.82 earnings per share.

Several brokerages have recently issued reports on KSU. Credit Suisse Group upped their price target on shares of Kansas City Southern from $237.00 to $246.00 and gave the stock an “outperform” rating in a report on Monday, January 25th. Vertical Research began coverage on shares of Kansas City Southern in a report on Friday, March 26th. They set a “hold” rating for the company. Raymond James upped their price target on shares of Kansas City Southern from $245.00 to $255.00 and gave the stock a “strong-buy” rating in a report on Monday, January 25th. Smith Barney Citigroup boosted their price objective on shares of Kansas City Southern from $220.00 to $250.00 in a research note on Monday, January 11th. Finally, Wells Fargo & Company boosted their price objective on shares of Kansas City Southern from $257.00 to $275.00 and gave the stock an “overweight” rating in a research note on Monday, March 29th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $215.44.

Shares of NYSE:KSU opened at $264.01 on Thursday. The company has a fifty day moving average of $228.57 and a 200-day moving average of $203.06. The company has a market capitalization of $23.98 billion, a PE ratio of 43.64, a price-to-earnings-growth ratio of 1.69 and a beta of 0.98. The company has a debt-to-equity ratio of 0.79, a quick ratio of 2.02 and a current ratio of 2.29. Kansas City Southern has a 52-week low of $122.35 and a 52-week high of $269.49.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 7th. Investors of record on Monday, March 8th were issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date was Friday, March 5th. This is a positive change from Kansas City Southern’s previous quarterly dividend of $0.44. Kansas City Southern’s dividend payout ratio is currently 31.30%.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC increased its stake in Kansas City Southern by 9.2% in the 1st quarter. FMR LLC now owns 152,478 shares of the transportation company’s stock valued at $17,684,000 after buying an additional 12,805 shares during the last quarter. Morgan Stanley increased its stake in Kansas City Southern by 25.0% in the 3rd quarter. Morgan Stanley now owns 476,465 shares of the transportation company’s stock valued at $86,160,000 after buying an additional 95,150 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Kansas City Southern by 111.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,395 shares of the transportation company’s stock valued at $433,000 after buying an additional 1,264 shares during the last quarter. Eudaimonia Partners LLC increased its stake in Kansas City Southern by 1,216.3% in the 3rd quarter. Eudaimonia Partners LLC now owns 3,712 shares of the transportation company’s stock valued at $80,000 after buying an additional 3,430 shares during the last quarter. Finally, State of Tennessee Treasury Department increased its stake in Kansas City Southern by 10.0% in the 3rd quarter. State of Tennessee Treasury Department now owns 62,913 shares of the transportation company’s stock valued at $11,376,000 after buying an additional 5,738 shares during the last quarter. Institutional investors own 85.89% of the company’s stock.

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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