New Analyst Ratings On Kansas City Southern (NYSE:KSU)
- by Emilio Sims
- in Money
- — Oct 21, 2016
Currently, Kansas City Southern has a Zacks Rank # 3 (Hold), but that could change following Kansas City Southern earnings report which was just released. Reported net income in the third quarter of 2016 totaled $121 million, or $1.12 per diluted share, compared with $132 million, or $1.20 per diluted share, in the third quarter of 2015. They now have a United States dollars 113 price target on the stock. Kansas City Southern presently has a consensus rating of "Hold" and an average price target of $100.67. In an analyst note shared with investors and clients on Wednesday, 19 October, UBS kept their "Buy" rating on shares of KSU. Kansas City Southern (KSU) has risen 9.02% since March 16, 2016 and is uptrending. After $1.22 actual EPS reported by Kansas City Southern for the previous quarter, Wall Street now forecasts 1.64% EPS growth. Credit Agricole S A has invested 0.02% of its portfolio in Kansas City Southern (NYSE:KSU). It has a 20.7 P/E ratio.
A President & CEO at Kansas City Southern (KSU) sold shares in a trading activity completed on Thursday August 04, 2016. The ratio is positive, as 44 funds sold all Kansas City Southern shares owned while 167 reduced positions.
In case of Revenue Estimates, 14 analysts have provided their consensus Average Revenue Estimates for Kansas City Southern as 602.68 Million.
Kansas City Southern with TICKER NYSE:KSU has had its stock rating noted as "Initiated" with the recommendation being set at "ACCUMULATE" yesterday by analysts at Seaport Global Securities.
Revenue: Kansas City Southern reported revenues of $604.5 million which beat the Zacks Consensus Estimate of $601.4 million. Finally, Barclays PLC raised their target price on Kansas City Southern from $73.00 to $79.00 and gave the stock an "underweight" rating in a research note on Wednesday, July 20th. Vertical Research began coverage on shares of Kansas City Southern in a report on Tuesday, October 11th. A EVP & CFO in the company, Upchurch Michael W, on Friday July 29, 2016 collected $510,830 from the sale of 5,367 shares at a per-share price of $95.62. During the same period in the prior year, the business earned $1.21 earnings per share. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Ottensmeyer Patrick J offloaded 5,000 shares in the company at a per-share price of $95.62 and ended up generating $478,100 in proceeds. Nomura Holdings Inc. now owns 417,699 shares of the company's stock worth $37,740,000 after buying an additional 413,670 shares in the last quarter. Company insiders own 0.86% of the company's stock. The Firm controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-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 several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas.
The Kansas City, MO- based company's coordinated rail network provides shippers with an effective alternative by giving direct access to Mexico, the south-east and south-west United States through less congested interchange hubs.