Canadian Pacific Kansas City (NYSE:CP) Stock Rating Lowered by Wall Street Zen

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

A number of other equities analysts have also recently issued reports on CP. Susquehanna set a $87.00 target price on shares of Canadian Pacific Kansas City in a research report on Thursday, October 30th. Barclays set a $90.00 price objective on Canadian Pacific Kansas City and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Royal Bank Of Canada lowered their target price on Canadian Pacific Kansas City from $129.00 to $127.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. National Bankshares reissued an “outperform” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, September 18th. Finally, Morgan Stanley upgraded Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.69.

Canadian Pacific Kansas City Stock Up 1.1%

CP opened at $74.41 on Friday. The business’s fifty day moving average is $72.64 and its two-hundred day moving average is $75.26. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.63. The company has a market cap of $66.77 billion, a price-to-earnings ratio of 22.69, a PEG ratio of 1.63 and a beta of 1.10. Canadian Pacific Kansas City has a one year low of $66.49 and a one year high of $83.65.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings results on Wednesday, October 29th. The transportation company reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.01). The firm had revenue of $2.62 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Canadian Pacific Kansas City had a net margin of 28.41% and a return on equity of 8.79%. During the same quarter in the prior year, the business earned $0.99 EPS. Analysts anticipate that Canadian Pacific Kansas City will post 3.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Vident Advisory LLC grew its position in Canadian Pacific Kansas City by 13.2% during the first quarter. Vident Advisory LLC now owns 6,733 shares of the transportation company’s stock valued at $473,000 after acquiring an additional 787 shares during the period. Focus Partners Advisor Solutions LLC lifted its position in shares of Canadian Pacific Kansas City by 31.5% during the first quarter. Focus Partners Advisor Solutions LLC now owns 5,104 shares of the transportation company’s stock worth $358,000 after purchasing an additional 1,222 shares in the last quarter. Amundi boosted its stake in shares of Canadian Pacific Kansas City by 3.1% in the first quarter. Amundi now owns 1,363,989 shares of the transportation company’s stock valued at $96,134,000 after purchasing an additional 41,253 shares during the period. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Canadian Pacific Kansas City in the first quarter valued at $421,000. Finally, NewEdge Advisors LLC grew its holdings in Canadian Pacific Kansas City by 2.5% during the 1st quarter. NewEdge Advisors LLC now owns 31,290 shares of the transportation company’s stock valued at $2,197,000 after purchasing an additional 750 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.