Markets

Kansas City Southern (KSU) Posts Earnings Results, Misses Estimates By $0.10 EPS

Kansas City Southern (KSU) Posts Earnings Results, Misses Estimates By $0.10 EPS

The railroad said that revenue in the third quarter was down 4 percent versus the same period in 2015. Following the sale, the chief executive officer now owns 90,228 shares of the company's stock, valued at $8,627,601.36. However, excluding the estimated impacts of Mexican peso depreciation and lower USA fuel prices, operating expenses rose 2 percent. Operating ratio deteriorated to 66.9% in the reported quarter. Oppenheimer Holdings analyst S. Schneeberger now forecasts that the brokerage will post earnings of $4.64 per share for the year, down from their prior estimate of $4.72. Seaport Global Securities advised their investors in a research report released on Oct 19, 2016. They issued a "hold" rating for the company. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the stock. Citigroup Inc. restated a buy rating and set a $108.00 price objective on shares of Kansas City Southern in a report on Wednesday, July 6th.

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

The share price of the company (NYSE:KSU) was down -2.25% during the last trading session, with a high of 96.82 and the volume of Kansas City Southern shares traded was 2556635. The Market Capitalization of the company stands at 9.86 Billion.

The 52 week high of Kansas City Southern's shares is 100.69 whilst the 52 week low for shares in the company is 62.2.

U.S. based company, Kansas City Southern's (KSU)'s latest closing price was 5.35% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -2.14% and 0.19% compared with the 20 Day Moving Average. 0 analysts call it Underweight, while 1 think it is Overweight.

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While looking at the Stock's Performance, Kansas City Southern now shows a Weekly Performance of -3.18%, where Monthly Performance is 3.04%, Quarterly performance is -5.43%, 6 Months performance is -3.38% and yearly performance percentage is 8.48%. Credit Agricole S A now owns 93,317 shares of the company's stock valued at $7,974,000 after buying an additional 4,393 shares during the last quarter.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 5th. Shareholders of record on Monday, September 12th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.42%. Kansas City Southern continues to face the brunt of weak domestic coal shipments. Meanwhile, EVP & CFO Upchurch Michael W sold 5,367 shares worth $510000.83, through a transaction dated 2016-07-29. The shares were sold at an average price of $95.18, for a total transaction of $510,831.06. Also, CEO Patrick J. Ottensmeyer sold 5,000 shares of the business's stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $95.62, for a total value of $478,100.00. The disclosure for this sale can be found here.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cumberland Partners Ltd raised its position in shares of Kansas City Southern by 13.7% in the fourth quarter. Ltd. raised its stake in Kansas City Southern by 57.8% in the second quarter. The Stock now has a Weekly Volatility of 2.30% and Monthly Volatility of 1.80%.

The Kansas City, MO- based company's coordinated rail network provides shippers with an effective alternative by giving direct access to Mexico, the south-east and south-west United States through less congested interchange hubs.


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