Kansas City Southern (NYSE:KSU) was downgraded by equities research analysts at Raymond James from a “strong-buy” rating to an “outperform” rating in a research report issued on Monday, Briefing.com reports. They presently have a $286.00 target price on the transportation company’s stock, up from their previous target price of $255.00. Raymond James’ price objective suggests a potential upside of 11.06% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on KSU. Wells Fargo & Company downgraded Kansas City Southern from an “overweight” rating to an “equal weight” rating and set a $275.00 price target on the stock. in a research report on Thursday. Morgan Stanley raised their price objective on Kansas City Southern from $142.00 to $200.00 and gave the company a “positive” rating in a report on Monday, January 25th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upped their target price on Kansas City Southern from $220.00 to $250.00 in a research note on Monday, January 11th. BMO Capital Markets lifted their price target on shares of Kansas City Southern from $215.00 to $240.00 and gave the stock an “outperform” rating in a research note on Monday, January 25th. Finally, Barclays boosted their price objective on shares of Kansas City Southern from $220.00 to $235.00 and gave the stock an “equal weight” rating in a report on Monday, January 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $225.44.
Shares of KSU opened at $257.51 on Monday. Kansas City Southern has a 12-month low of $122.35 and a 12-month high of $269.49. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.79. The company has a market cap of $23.42 billion, a PE ratio of 42.56, a price-to-earnings-growth ratio of 1.69 and a beta of 0.98. The stock has a 50-day moving average price of $237.48 and a 200-day moving average price of $206.63.
Kansas City Southern (NYSE:KSU) last announced its earnings results on Thursday, April 15th. The transportation company reported $1.91 earnings per share for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.05). Kansas City Southern had a net margin of 21.68% and a return on equity of 13.91%. The company had revenue of $706.00 million during the quarter, compared to analysts’ expectations of $712.07 million. During the same period in the prior year, the business earned $1.58 earnings per share. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. As a group, analysts predict that Kansas City Southern will post 7.01 earnings per share for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of KSU. Vantage Consulting Group Inc purchased a new stake in Kansas City Southern in the fourth quarter worth $31,000. TRU Independence Asset Management 2 LLC bought a new position in Kansas City Southern in the 4th quarter worth $35,000. Encompass Wealth Advisors LLC purchased a new stake in shares of Kansas City Southern in the 4th quarter worth about $35,000. Sage Private Wealth Group LLC bought a new stake in shares of Kansas City Southern during the 4th quarter valued at about $38,000. Finally, Annapolis Financial Services LLC purchased a new position in shares of Kansas City Southern during the fourth quarter valued at about $41,000. 85.89% of the stock is currently owned by hedge funds and other institutional investors.
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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