Kansas City Southern (NYSE:KSU)‘s stock had its “market perform” rating reaffirmed by Cowen and Company in a report released on Monday, July 24th. They presently have a $104.00 price target on the transportation company’s stock, up from their previous price target of $95.00. Cowen and Company’s target price suggests a potential upside of 1.00% from the company’s current price.
A number of other equities analysts also recently commented on the stock. UBS AG reissued a “positive” rating and issued a $117.00 price objective (up previously from $103.00) on shares of Kansas City Southern in a research note on Monday, July 24th. BidaskClub raised Kansas City Southern from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 30th. Stifel Nicolaus reaffirmed a “buy” rating and set a $108.00 price target on shares of Kansas City Southern in a research report on Friday, June 30th. Aegis upped their price target on Kansas City Southern from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, June 19th. Finally, Credit Suisse Group raised Kansas City Southern from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $90.00 to $116.00 in a research report on Friday, June 16th. Eleven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $102.67.
Shares of Kansas City Southern (NYSE KSU) opened at 102.97 on Monday. The firm’s 50-day moving average price is $103.56 and its 200 day moving average price is $93.31. The stock has a market capitalization of $10.86 billion, a P/E ratio of 20.72 and a beta of 0.80. Kansas City Southern has a 52 week low of $79.05 and a 52 week high of $106.35.
Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Friday, July 21st. The transportation company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.07. The company had revenue of $656.40 million during the quarter, compared to the consensus estimate of $627.81 million. Kansas City Southern had a net margin of 21.52% and a return on equity of 11.40%. Kansas City Southern’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.22 earnings per share. Analysts expect that Kansas City Southern will post $5.21 earnings per share for the current year.
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A number of large investors have recently bought and sold shares of KSU. BlackRock Inc. raised its stake in Kansas City Southern by 4,542.5% in the first quarter. BlackRock Inc. now owns 10,407,991 shares of the transportation company’s stock valued at $892,591,000 after buying an additional 10,183,801 shares during the last quarter. Vanguard Group Inc. raised its stake in Kansas City Southern by 2.5% in the second quarter. Vanguard Group Inc. now owns 10,363,571 shares of the transportation company’s stock valued at $1,084,547,000 after buying an additional 253,631 shares during the last quarter. State Street Corp raised its stake in Kansas City Southern by 3.3% in the first quarter. State Street Corp now owns 4,658,164 shares of the transportation company’s stock valued at $399,479,000 after buying an additional 146,836 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Kansas City Southern by 588.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,313,685 shares of the transportation company’s stock valued at $369,943,000 after buying an additional 3,687,248 shares during the last quarter. Finally, Sustainable Growth Advisers LP raised its stake in Kansas City Southern by 19.7% in the second quarter. Sustainable Growth Advisers LP now owns 2,500,791 shares of the transportation company’s stock valued at $261,708,000 after buying an additional 412,275 shares during the last quarter. 85.92% of the stock is currently owned by institutional investors.
About Kansas City Southern
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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