Zacks: Analysts Expect Kansas City Southern (KSU) to Announce $1.73 EPS

Analysts predict that Kansas City Southern (NYSE:KSU) will announce earnings per share (EPS) of $1.73 for the current quarter, according to Zacks. Five analysts have made estimates for Kansas City Southern’s earnings, with estimates ranging from $1.65 to $1.77. Kansas City Southern posted earnings per share of $1.54 in the same quarter last year, which would indicate a positive year-over-year growth rate of 12.3%. The firm is scheduled to announce its next quarterly earnings report on Friday, July 19th.

According to Zacks, analysts expect that Kansas City Southern will report full year earnings of $6.84 per share for the current year, with EPS estimates ranging from $6.69 to $6.95. For the next fiscal year, analysts anticipate that the firm will post earnings of $7.75 per share, with EPS estimates ranging from $7.42 to $8.10. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that follow Kansas City Southern.

Kansas City Southern (NYSE:KSU) last posted its quarterly earnings data on Wednesday, April 17th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.10. Kansas City Southern had a net margin of 21.30% and a return on equity of 12.40%. The business had revenue of $674.80 million during the quarter, compared to the consensus estimate of $669.08 million. During the same quarter last year, the company posted $1.30 earnings per share. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year.

Several equities analysts have recently weighed in on the stock. Loop Capital reduced their target price on shares of Kansas City Southern from $136.00 to $132.00 and set a “buy” rating for the company in a research note on Wednesday, January 16th. Credit Suisse Group reiterated a “buy” rating and issued a $129.00 target price (up previously from $116.00) on shares of Kansas City Southern in a research note on Sunday, January 20th. Stifel Nicolaus lifted their target price on shares of Kansas City Southern from $120.00 to $128.00 and gave the stock a “buy” rating in a research note on Tuesday, January 22nd. Deutsche Bank reiterated a “buy” rating on shares of Kansas City Southern in a research note on Wednesday, February 20th. Finally, Citigroup lifted their target price on shares of Kansas City Southern from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, April 4th. Five investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Kansas City Southern currently has an average rating of “Buy” and a consensus target price of $127.50.

NYSE KSU traded up $0.75 during trading hours on Wednesday, reaching $119.76. 14,705 shares of the company were exchanged, compared to its average volume of 1,003,574. Kansas City Southern has a 1 year low of $90.55 and a 1 year high of $125.92. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.02 and a current ratio of 1.36. The company has a market capitalization of $11.80 billion, a PE ratio of 20.03, a price-to-earnings-growth ratio of 1.32 and a beta of 0.90.

In related news, CMO Michael J. Naatz sold 11,837 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $122.45, for a total transaction of $1,449,440.65. Following the completion of the transaction, the chief marketing officer now owns 18,764 shares of the company’s stock, valued at $2,297,651.80. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Patrick J. Ottensmeyer sold 13,800 shares of the business’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $124.48, for a total transaction of $1,717,824.00. Following the transaction, the chief executive officer now directly owns 109,725 shares of the company’s stock, valued at approximately $13,658,568. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 31,285 shares of company stock valued at $3,870,266. 0.82% of the stock is owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in KSU. Oxford Asset Management LLP bought a new stake in shares of Kansas City Southern in the 1st quarter worth approximately $4,978,000. National Pension Service lifted its holdings in shares of Kansas City Southern by 4.2% in the 1st quarter. National Pension Service now owns 146,393 shares of the transportation company’s stock worth $16,979,000 after acquiring an additional 5,966 shares during the last quarter. Cornercap Investment Counsel Inc. bought a new stake in shares of Kansas City Southern in the 1st quarter worth approximately $3,506,000. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Kansas City Southern by 0.5% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 18,810 shares of the transportation company’s stock worth $2,182,000 after acquiring an additional 85 shares during the last quarter. Finally, Cresset Asset Management LLC bought a new stake in shares of Kansas City Southern in the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 91.36% of the company’s stock.

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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