Kansas City Southern [NYSE: KSU] will report earnings after markets close on Friday, January 22nd.
KSU Earnings Forecast For The Current Quarter
Kansas City Southern [KSU] is expected to report strong earnings results for the quarter ending in Dec 2020. Consensus estimates give the company expected revenues of $695.77M and earnings per share of $1.92 for Dec 2020. Looking further ahead, the company is expected to report revenue of $718.87M at an EPS of $2.01 for Mar 2021. The estimates represent a downside of 10.30% and 21.44% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.
KSU Earnings Estimates For The Current Year
For the financial year, Kansas City Southern [NYSE: KSU] is expected to bring in revenue of $2.64B. The returns are nearly $-230.0 million lower than the company’s actual revenue recorded in the fiscal year 2019. In terms of EPS for 2020, the estimate put it at 6.99, higher than that of FY19 by $0.09. Estimates put this year’s earnings growth at 1.30%, 21.70% for the next, and at an annual 12.00% over the next 5-year period. As for sales, forecasts are for a decrease of -8.10% in the current fiscal year and a further 10.30% over the following year.
KSU Price Performance
On Wall Street, Kansas City Southern [NYSE: KSU] finished Wednesday’s session up 1.90% at $215.69. The stock went up to $216.54 at the same session while its lowest single-day price was $212.36. In the last five days, it saw a rise of about 0.72%, Kansas City Southern shares gained by almost 5.66% since the beginning of the year. However, the share price has dropped to as low as -3.12% below its one-year high. On 01/08/21, the company shares recorded $222.63, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/04/21, the same year at $199.55. The company’s shares have inclined by 30.36% in the past year. The 50-day SMA achieved is $197.14 while the 200-day SMA is $170.68. Volume dropped to 0.54 million from 0.75 million in the previous session.
Kansas City Southern [KSU] Valuation Measures
Notably, Kansas City Southern [KSU] stock cannot be classified as a good candidate in the listing of underestimated low-priced Railroads companies to purchase as soonest possible with the prevailing 12-month PE ratio of 35.70. The measure means the stock is exchanging at a premium as compared to the 19.78x trailing earnings of the industry. It can be helpful for investors to consider the historical price-sales ratio, more specifically, a 7.56 PS value ratio is reported for the last year of reported earnings. That is higher than the industry average of 0.95 which means KSU serves as an unattractive investment opportunity compared to its competitors.
KSU Stock Support And Resistance Levels
On the 24-hour scale, the immediate backing is perceived around 215.69 level, and in case of violation of this particular level, it will cause more drop to 213.19 level. On the upper level, 221.55 is still the key resistance. The stock may increase to the subsequent resistance at 219.04. The Relative Strength Index (RSI) pinned on the 14-day chart is 69.79, implying a neutral technical stance while the MACD stands at 2.77, meaning the price will increase in the next trading period. Percent R indicator moved to 30.07%, implying low price movement. Stochastic %K at 59.98% suggest holding the stock.
Is Kansas City Southern [NYSE: KSU] a Good Buy Right Now?
It should be noted that KSU technical indicators for short, intermediate as well as long term progress have placed an overall average of 100% as Buy. The average signal changed from 100% Buy in the last week and compares with 100% Buy in the past month. Data from Kansas City Southern’s Trend Spotter indicated that the signals were Strengthening. The stock current average is 0.67 million shares in the past 20 days and the short term average signal indicates a 100% Buy. In the last 50 days, the average trading volume was 0.81 million shares while the medium-term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 0.86 million shares.
What is the short interest in Kansas City Southern?
Short interest in the Kansas City Southern stock has surged, increasing by 0.87 million shares to a total of 1.13 million shares on Dec 30, 2020. The interest had seen shares on Nov 29, 2020, stand at 2.0 million, data from Yahoo Finance shows. The decrease of -76.99% suggests the stock saw some decreased bullish sentiment. The stock’s days to cover moved to short ratio while the shorted shares account for just 1.37% of the overall float for the stock.
Kansas City Southern’s Biggest Shareholders: Who Owns Kansas City Southern [KSU]?
Filings by The Vanguard Group, Inc. showed that the firm now holds a total of 9,666,950 shares, or roughly 10.33% of the outstanding KSU shares. This means their shares have reduced by -298,873 from the 9,666,950 the investor reportedly held in its prior 13-F filing. With the conclusion of the sale, Massachusetts Financial Services’ updated stake is worth $1,401,023,392. Details in the latest 13F filings reveal that BlackRock Fund Advisors acquired their 2.35% stake valued at $1,020,403,411 while SSgA Funds Management, Inc. cut theirs at $873,075,033. During the last quarter, BlackRock Fund Advisors raised 114,604 of its shares in Kansas City Southern while SSgA Funds Management, Inc. sold -78,292 shares. The Parnassus Investments’s holdings currently number 2,317,140 shares at $499783926.6. According to the firm’s last 13F report, Boston Partners Global Investors, shares in the company at filing stood at 1,588,145 shares, roughly $324,188,039.
What are analyst thoughts on Kansas City Southern?
Looking forward to the Kansas City Southern share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for Kansas City Southern stock at $220.00 within the next 12 months, which represents almost 1.96 percent growth from its previous closing price of $215.69. The highest analysts’ target for Kansas City Southern stock projections is $250.00 and the lowest one is $142.00. Still, 21 analysts sharing their consensus rating for KSU stock in 2021 agree that it is Overweight.