Economy

Kansas City Southern (KSU) Scheduled to Post Earnings on Friday

Kansas City Southern (KSU) Scheduled to Post Earnings on Friday”

Stonebridge Cap Mngmt has 0.61% invested in Kansas City Southern (NYSE:KSU) for 15,300 shares.

Other institutional investors have also recently added to or reduced their stakes in the company. It also upped Schwab Charles Corp New (NYSE:SCHW) stake by 52,900 shares and now owns 339,782 shares.

In related news, Director Henry J. Maier acquired 3,000 shares of the stock in a transaction that occurred on Thursday, August 17th.

Alphabet Inc. (NASDAQ:GOOG) ended its day at $987.83 with the rising stream of -0.14% and its total traded volume was 1.28 million shares less than the average volume. Next Financial Gru stated it has 450 shares or 0% of all its holdings. BlackRock Inc. grew its stake in Kansas City Southern by 4,542.5% during the 1st quarter.

Alphabet Inc. (NASDAQ:GOOG), stock is trading $990.71 above the 52-week high.

Want to see what other hedge funds are holding KSU? Kansas City Southern (NYSE:KSU) has declined 0.27% since October 12, 2016 and is downtrending.

Checking in on moving averages, the 200-day is at 0.07, the 50-day is 0.07, and the 7-day is sitting at 0.06. Kansas City Southern has a 12 month low of $79.05 and a 12 month high of $109.13. RBC Capital Markets maintained the stock with "Outperform" rating in Wednesday, September 2 report. Pathstone Family Office Ltd Liability Company reported 0.02% of its portfolio in Kansas City Southern (NYSE:KSU). The transportation company reported $1.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.26 by $0.07. The business had revenue of $656.40 million during the quarter, compared to analyst estimates of $627.81 million.

Kansas City Southern now has a P/E ratio of 21.15 and the market cap is 11.08B. The company's revenue was up 15.5% on a year-over-year basis. On average, equities research analysts expect that Kansas City Southern will post $5.09 EPS for the current fiscal year. Next quarter's EPS is forecasted to be $1.37 with next year's EPS projected to be $5.82.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Stockholders of record on Monday, September 11th were given a $0.36 dividend. The ex-dividend date was Friday, September 8th. The dividend payment was $0.360 per share for the quarter or $1.44 annualized. Hartford Invest Communications holds 0.05% of its portfolio in Kansas City Southern (NYSE:KSU) for 23,111 shares. Cowen & Co maintained Kansas City Southern (NYSE:KSU) rating on Thursday, September 28. This buyback authorization authorizes the transportation company to repurchase up to 7.1% of its stock through open market purchases. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Proshare Advsr Llc stated it has 0.01% in Kansas City Southern (NYSE:KSU). If you are viewing this article on another site, it was copied illegally and reposted in violation of United States & global trademark and copyright law. The correct version of this report can be accessed at https://www.truebluetribune.com/2017/10/13/kansas-city-southern-ksu-scheduled-to-post-earnings-on-friday.html.

KSU has been the topic of several recent analyst reports. Credit Suisse Group AG reissued a "neutral" rating and issued a $86.00 price target (up from $84.00) on shares of Kansas City Southern in a research report on Monday, March 6th. Finally, BidaskClub raised Kansas City Southern from a buy rating to a strong-buy rating in a research note on Friday, August 18th. Investors who are keeping close eye on the stock of Kansas City Southern (NYSE:KSU) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 6.18 and sector's optimum level is 10.96. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Kansas City Southern had 69 analyst reports since August 20, 2015 according to SRatingsIntel. The average 1-year price target for (KSU) reveals an average price target of $112.67 per share. Schwab Charles Investment invested in 355,972 shares or 0.04% of the stock. Kansas City Southern has $130 highest and $3 lowest target. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time.

Since May 10, 2017, it had 0 insider purchases, and 1 insider sale for $323,980 activity. Over the last 90 days, insiders have sold 14,469 shares of company stock valued at $1,522,510.

The chart of Kansas City Southern (KSU) shows a double top with $113.13 target or 8.00 % above today's $104.75 share price. The Company has domestic and worldwide 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, S.A.de C.V. (KCSM).



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