Kansas City Southern (KSU) Stock Rating Reaffirmed by Oppenheimer Holdings Inc.
Kansas City Southern (NYSE:KSU)‘s stock had its “market perform” rating reiterated by equities research analysts at Oppenheimer Holdings Inc. in a note issued to investors on Wednesday.
Other equities analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research note on Wednesday, October 5th. Loop Capital reiterated a “buy” rating on shares of Kansas City Southern in a research note on Friday, September 9th. Royal Bank Of Canada increased their price target on shares of Kansas City Southern from $109.00 to $114.00 and gave the company an “outperform” rating in a research note on Wednesday, July 20th. Aegis lowered shares of Kansas City Southern from a “buy” rating to a “hold” rating and dropped their price target for the company from $105.00 to $95.00 in a research note on Wednesday. Finally, Citigroup Inc. increased their price target on shares of Kansas City Southern from $108.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, July 20th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the company. Kansas City Southern presently has an average rating of “Hold” and an average target price of $99.82.
Kansas City Southern (NYSE:KSU) opened at 81.11 on Wednesday. The firm has a market capitalization of $8.73 billion, a PE ratio of 17.97 and a beta of 0.89. Kansas City Southern has a 1-year low of $62.20 and a 1-year high of $100.69. The company has a 50 day moving average of $90.79 and a 200 day moving average of $92.69.
Kansas City Southern (NYSE:KSU) last issued its earnings results on Tuesday, October 18th. The company reported $1.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.22 by $0.10. The firm earned $605 million during the quarter, compared to analyst estimates of $411.30 million. Kansas City Southern had a net margin of 20.90% and a return on equity of 11.57%. The firm’s revenue was down 4.3% compared to the same quarter last year. During the same period last year, the business earned $1.21 EPS. Analysts forecast that Kansas City Southern will post $4.58 EPS for the current year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Seven Bridges Advisors LLC increased its position in Kansas City Southern by 30.0% in the second quarter. Seven Bridges Advisors LLC now owns 1,200 shares of the company’s stock valued at $108,000 after buying an additional 277 shares during the period. Cornerstone Advisors Inc. boosted its stake in Kansas City Southern by 494.1% in the third quarter. Cornerstone Advisors Inc. now owns 1,319 shares of the company’s stock worth $123,000 after buying an additional 1,097 shares in the last quarter. Global X Management Co. LLC boosted its stake in Kansas City Southern by 123.0% in the third quarter. Global X Management Co. LLC now owns 1,365 shares of the company’s stock worth $127,000 after buying an additional 753 shares in the last quarter. Mizuho Asset Management Co. Ltd. boosted its stake in Kansas City Southern by 57.8% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,425 shares of the company’s stock worth $128,000 after buying an additional 522 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted its stake in Kansas City Southern by 1,065.2% in the second quarter. Meeder Asset Management Inc. now owns 1,538 shares of the company’s stock worth $138,000 after buying an additional 1,406 shares in the last quarter. 90.18% of the stock is owned by institutional investors and hedge funds.
Kansas City Southern Company Profile
Kansas City Southern (KCS) is a transportation holding company with domestic and international 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 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.
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