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Published: Fri, October 21, 2016
Economy | By Melissa Porter

Kansas City Southern Reports 9% Drop In Q3 Profit

Kansas City Southern Reports 9% Drop In Q3 Profit

The firm set an "accumulate" rating on the stock. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. The company now has an average rating of "Hold" and a consensus price target of $100.92.

In addition to UBS reporting its target price, a total of 18 firms have reported on the stock.

04/19/2016 - Kansas City Southern had its "market perform" rating reiterated by analysts at Cowen. 904,305 shares of the stock traded hands.

Analysts' mean recommendation for Kansas City Southern's (KSU) stands at 2.40. It has outperformed by 3.48% the S&P500.

EPS growth for this year is -3.30% and EPS growth for next year is expected to reach at 12.92%. 71 funds bought stakes while 139 increased positions. The company's institutional ownership is monitored at 91.8 percent. Retirement Planning last reported 0.49% of its portfolio in the stock.

A President & CEO at Kansas City Southern (KSU) sold shares in a trading activity completed on Thursday August 04, 2016. The stock is now holding below its 50-day SMA of $93.17 and above its 200-day SMA of $92.97. Nomura Holdings Inc. now owns 417,699 shares of the company's stock worth $37,740,000 after buying an additional 413,670 shares in the last quarter. Adage Capital Gp Limited holds 0.04% or 163,300 shares in its portfolio. Stockholders of record on Monday, September 12th were given a $0.33 dividend. Liberty Mutual Gp Asset Mngmt has 0.03% invested in the company for 7,859 shares. Over the last 30 and 90 trading days the company share price has decreased 3.21 points and increased 4.30 points respectively. Equities research analysts forecast that Kansas City Southern will post $4.73 EPS for the current fiscal year. Kornitzer Cap Management Ks last reported 0.27% of its portfolio in the stock. Another trade for 5,100 shares valued at $504,312 was made by Starling David L on Wednesday, July 20.

Kansas City Southern's revenue from its energy-related business also fell by 15 percent as reduced US drilling operations in North Dakota resulted in lower crude oil and frac sand shipments.

05/19/2016 - Kansas City Southern had its "underperform" rating reiterated by analysts at Credit Agricole. It has a 20.7 P/E ratio. Vertical Research began coverage on shares of Kansas City Southern in a report on Tuesday, October 11th. Kansas City Southern's dividend payout ratio (DPR) is 29.33%.

07/20/2016 - Kansas City Southern had its "neutral" rating reiterated by analysts at Credit Suisse.

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. KCSM has the right to control and operate the southern half of the rail bridge at Laredo, Texas, which spans the Rio Grande River between the United States and Mexico. (Mexrail) which owns The Texas Mexican Railway Company (Tex-Mex) which connects the operations of KCSR with KCSM.

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