Kansas City Southern (KSU) Receiving Somewhat Favorable Press Coverage, Study Finds
Media headlines about Kansas City Southern (NYSE:KSU) have trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kansas City Southern earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 45.4760571133619 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Atlantic Trust Group LLC Sells 5775 Shares of Kansas City Southern (KSU) (iphonefresh.com)
- Kansas City Southern (KSU) Holding Raised by Oakmont Corp (wisdomsave.com)
- Kansas City Southern (KSU) Stock Price trades 12.42% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- Kansas City Southern: What Led Volume Rise in Week 34? (marketrealist.com)
- KCS’ Patrick Ottensmeyer to Address the Cowen 10th Annual Global Transportation Conference (finance.yahoo.com)
Shares of Kansas City Southern (NYSE KSU) opened at 103.64 on Thursday. The firm’s 50-day moving average price is $104.07 and its 200-day moving average price is $95.72. Kansas City Southern has a 12 month low of $79.05 and a 12 month high of $109.13. The stock has a market capitalization of $10.93 billion, a P/E ratio of 20.86 and a beta of 0.79.
Kansas City Southern (NYSE:KSU) last released its earnings results on Friday, July 21st. The transportation company reported $1.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.26 by $0.07. Kansas City Southern had a net margin of 21.52% and a return on equity of 11.40%. The business had revenue of $656.40 million for the quarter, compared to analyst estimates of $627.81 million. During the same period last year, the company posted $1.22 EPS. The business’s revenue was up 15.5% on a year-over-year basis. On average, equities research analysts forecast that Kansas City Southern will post $5.21 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Shareholders of record on Monday, September 11th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.39%. This is a positive change from Kansas City Southern’s previous quarterly dividend of $0.33. The ex-dividend date is Friday, September 8th. Kansas City Southern’s dividend payout ratio (DPR) is 26.51%.
Kansas City Southern declared that its board has authorized a share buyback program on Tuesday, August 15th that allows the company to repurchase $800.00 million in outstanding shares. This repurchase authorization allows the transportation company to purchase up to 7.1% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Several equities analysts have recently commented on the company. Zacks Investment Research upgraded Kansas City Southern from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research report on Friday, September 1st. Cowen and Company restated a “hold” rating on shares of Kansas City Southern in a research report on Friday, August 25th. BMO Capital Markets restated a “hold” rating and issued a $105.00 price objective on shares of Kansas City Southern in a research report on Friday, August 25th. Bank of America Corporation boosted their price objective on Kansas City Southern from $112.00 to $113.00 and gave the company a “neutral” rating in a research report on Monday, August 21st. Finally, Stifel Nicolaus restated a “buy” rating and issued a $118.00 price objective (up from $114.00) on shares of Kansas City Southern in a research report on Friday, August 18th. Ten research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Kansas City Southern presently has an average rating of “Buy” and a consensus target price of $105.53.
In other news, Director Antonio O. Garza sold 4,018 shares of Kansas City Southern stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $107.94, for a total transaction of $433,702.92. Following the sale, the director now owns 4,920 shares of the company’s stock, valued at approximately $531,064.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Mary K. Stadler sold 4,451 shares of Kansas City Southern stock in a transaction that occurred on Friday, August 18th. The shares were sold at an average price of $105.87, for a total transaction of $471,227.37. Following the sale, the senior vice president now directly owns 8,814 shares in the company, valued at approximately $933,138.18. The disclosure for this sale can be found here. Insiders sold a total of 14,469 shares of company stock worth $1,522,510 over the last three months. Corporate insiders own 0.95% of the company’s stock.
About Kansas City Southern
Kansas City Southern (KCS) is a holding company. The Company has 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’s subsidiaries include The Kansas City Southern Railway Company (KCSR) and Kansas City Southern de Mexico, SA de C.V.
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