Desjardins Weighs in on Canadian Pacific Kansas City Limited’s FY2028 Earnings (NYSE:CP)

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) – Investment analysts at Desjardins lifted their FY2028 EPS estimates for Canadian Pacific Kansas City in a research note issued on Wednesday, April 24th. Desjardins analyst B. Poirier now expects that the transportation company will post earnings of $5.61 per share for the year, up from their previous forecast of $5.60. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $3.16 per share.

A number of other research analysts have also recently weighed in on CP. Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, April 25th. Scotiabank reiterated a “sector perform” rating on shares of Canadian Pacific Kansas City in a research note on Monday, March 25th. Susquehanna Bancshares lowered Canadian Pacific Kansas City from a “positive” rating to a “neutral” rating and cut their price objective for the company from $90.00 to $87.00 in a report on Monday, January 8th. Evercore cut their price target on Canadian Pacific Kansas City from $90.00 to $89.00 and set an “outperform” rating on the stock in a research report on Thursday, April 25th. Finally, StockNews.com upgraded shares of Canadian Pacific Kansas City from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Twelve equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $96.42.

Canadian Pacific Kansas City Stock Performance

Canadian Pacific Kansas City stock opened at $78.43 on Monday. The company has a quick ratio of 0.43, a current ratio of 0.49 and a debt-to-equity ratio of 0.43. Canadian Pacific Kansas City has a twelve month low of $68.92 and a twelve month high of $91.58. The company’s 50-day moving average price is $86.82 and its 200-day moving average price is $80.00. The company has a market cap of $73.15 billion, a PE ratio of 25.14, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings results on Wednesday, April 24th. The transportation company reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.01). Canadian Pacific Kansas City had a return on equity of 8.48% and a net margin of 28.27%. The business had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.59 billion.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CP. GAMMA Investing LLC grew its position in Canadian Pacific Kansas City by 12.1% in the 1st quarter. GAMMA Investing LLC now owns 1,229 shares of the transportation company’s stock worth $108,000 after purchasing an additional 133 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in Canadian Pacific Kansas City by 4.1% in the third quarter. Valeo Financial Advisors LLC now owns 3,556 shares of the transportation company’s stock worth $265,000 after purchasing an additional 141 shares during the period. Commerce Bank raised its holdings in Canadian Pacific Kansas City by 0.3% during the fourth quarter. Commerce Bank now owns 55,566 shares of the transportation company’s stock worth $4,393,000 after purchasing an additional 144 shares in the last quarter. Accretive Wealth Partners LLC boosted its stake in Canadian Pacific Kansas City by 1.5% during the fourth quarter. Accretive Wealth Partners LLC now owns 9,530 shares of the transportation company’s stock valued at $753,000 after buying an additional 145 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in Canadian Pacific Kansas City by 0.3% during the third quarter. Commonwealth Equity Services LLC now owns 51,089 shares of the transportation company’s stock worth $3,802,000 after acquiring an additional 148 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.141 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Friday, June 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 17.95%.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.