Kansas City Southern (KSU) Lowered to Sell at Zacks Investment Research

Oct 21, 2016, 00:34
Kansas City Southern (KSU) Lowered to Sell at Zacks Investment Research

Royal Bank Of Canada raised their target price on Kansas City Southern from $109.00 to $114.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 20th. Finally, Hosking Partners LLP raised its position in shares of Kansas City Southern by 1.3% in the fourth quarter.

"Kansas City Southern faced a challenging third quarter as extraneous events, including flooding outages and service disruptions on our Mexican network, resulted in additional operating costs", stated Kansas City Southern President and CEO Patrick J. Ottensmeyer. The Market Capitalization of the company stands at 9.86 Billion. The company's last traded volume of 2.01 million shares as compared to it's an average volume of 1.2 million shares.

09/12/2016 - Kansas City Southern was upgraded to "equal weight" by analysts at Barclays.

Kansas City Southern is a transportation holding firm with domestic and global rail activities 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. Analysts had expected earnings per share of $602.7 million.

Insiders own 1.65 percent of the stock. The short ratio in the company's stock is documented at 2.23 and the short float is around of 2.50%. The firm had revenue of $605 million for the quarter, compared to the consensus estimate of $411.30 million. They now have a Dollars 98 price target on the stock. The company's revenue was down -4.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.21 EPS. The stock volatility for week was 2.30% while for month was 1.80%.The stock, as of last close, traded 50.48% to its 52 week low and was changed -7.74% from its 52 week high.

-EPS (Q3): $1.12 vs. $1.21 a year ago.

In Kansas City Southern (NYSE:KSU)'s most recent quarter, EPS moved to $1.12 from $1.22 in prior quarter and revenues reached at $604.50M versus $568.50M. For the next 5 years, Kansas City Southern is expecting Growth of 9.65% per annum, whereas in the past 5 years the growth was 10.96% per annum. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Ltd. now owns 1,425 shares of the company's stock worth $128,000 after buying an additional 522 shares during the period. The shares were sold at an average price of $95.62, for a total value of $478,100.00. Shareholders of record on Monday, September 12th were paid a $0.33 dividend. The disclosure for this sale can be found here. This represents a $1.32 dividend on an annualized basis and a yield of 1.43%. Investment House LLC boosted its stake in Kansas City Southern by 0.9% in the second quarter. The ex-dividend date was Thursday, September 8th. The Kansas City Southern Railway Company, is one of seven Class I railroads operating in the United States.

When a company releases earnings information, the results have the possibility of causing short-term stock movements whether the company misses or beats projections.

Kansas City Southern (KCS) is a transportation holding company with 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.

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