Kansas City Southern (NYSE:KSU) Issues Quarterly Earnings Results

Kansas City Southern (NYSE:KSU) issued its earnings results on Friday. The transportation company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.90 by $0.06, Briefing.com reports. Kansas City Southern had a return on equity of 13.80% and a net margin of 20.63%. The business had revenue of $659.60 million during the quarter, compared to the consensus estimate of $662.68 million. During the same quarter last year, the company earned $1.94 EPS. The firm’s revenue was down 11.8% compared to the same quarter last year.

Shares of NYSE KSU traded down $4.88 during mid-day trading on Friday, hitting $179.13. The stock had a trading volume of 31,304 shares, compared to its average volume of 1,216,722. The business has a 50 day moving average price of $184.24 and a two-hundred day moving average price of $158.44. Kansas City Southern has a 1 year low of $92.86 and a 1 year high of $200.00. The company has a debt-to-equity ratio of 0.79, a quick ratio of 2.16 and a current ratio of 2.44. The firm has a market cap of $17.36 billion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 1.74 and a beta of 0.94.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Monday, September 14th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend was Friday, September 11th. Kansas City Southern’s dividend payout ratio (DPR) is presently 23.19%.

In other news, VP Lora S. Cheatum sold 1,500 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $175.66, for a total transaction of $263,490.00. Following the completion of the transaction, the vice president now directly owns 17,398 shares of the company’s stock, valued at $3,056,132.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Suzanne M. Grafton sold 917 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $184.37, for a total value of $169,067.29. Following the completion of the sale, the chief accounting officer now directly owns 9,919 shares in the company, valued at $1,828,766.03. The disclosure for this sale can be found here. Insiders have sold a total of 10,409 shares of company stock valued at $1,688,672 over the last quarter. 0.82% of the stock is currently owned by company insiders.

A number of brokerages have recently issued reports on KSU. Morgan Stanley lifted their price target on Kansas City Southern from $136.00 to $138.00 and gave the company an “equal weight” rating in a research report on Monday, October 5th. Wells Fargo & Company lifted their price target on Kansas City Southern from $176.00 to $180.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Raymond James lifted their price target on Kansas City Southern from $183.00 to $210.00 and gave the company a “strong-buy” rating in a research report on Thursday, September 10th. Stifel Nicolaus downgraded Kansas City Southern from a “buy” rating to a “hold” rating and set a $162.00 price target for the company. in a research report on Wednesday, August 5th. Finally, Citigroup lifted their price target on Kansas City Southern from $154.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Kansas City Southern presently has an average rating of “Hold” and an average target price of $165.48.

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.

Recommended Story: What is the LIBOR?

Earnings History for Kansas City Southern (NYSE:KSU)

Receive News & Ratings for Kansas City Southern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kansas City Southern and related companies with MarketBeat.com's FREE daily email newsletter.