Canadian Pacific Kansas City Limited (CP.TO) – What Are Researchers Saying About This Stock?

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has received a consensus recommendation of “Moderate Buy” from the fifteen ratings firms that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$139.00.

A number of research analysts recently issued reports on the stock. Raymond James Financial set a C$144.00 price objective on shares of Canadian Pacific Kansas City and gave the company an “outperform” rating in a report on Monday, October 19th. Citigroup increased their target price on shares of Canadian Pacific Kansas City from C$102.00 to C$106.00 and gave the stock a “buy” rating in a report on Thursday, October 29th. Royal Bank Of Canada lifted their price target on shares of Canadian Pacific Kansas City from C$145.00 to C$146.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Citizens Jmp raised shares of Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 15th. Finally, Desjardins lowered their price objective on shares of Canadian Pacific Kansas City from C$143.00 to C$141.00 and set a “buy” rating for the company in a research report on Thursday, October 29th.

More Canadian Pacific Kansas City News

Here are the key news stories impacting Canadian Pacific Kansas City this week:

• Positive Sentiment: A report says record grain volumes have strengthened CPKC’s investment story, suggesting solid freight activity. The article does not provide volume figures or quantify the financial impact. How Record Grain Volumes At Canadian Pacific Kansas City Have Changed Its Investment Story
• Neutral Sentiment: Several reports point to an investor checkpoint or company appearance on November 17. These events could give investors an opportunity to hear updates, but no specific announcements or agenda are reported. Canadian Pacific Kansas City stock sets November 17 investor checkpoint Canadian Pacific Kansas City stock sets investor focus on November 17
• Negative Sentiment: Insider Nadeem Velani reported multiple share sales dated November 2–4. One report says his holdings fell 65.48%, leaving him with 4,682 shares. The sales could pressure sentiment, though insider transactions alone do not indicate a deterioration in CPKC’s business outlook. Canadian Pacific Kansas City insider Nadeem Velani sells shares

Canadian Pacific Kansas City Stock Performance

CP opened at C$129.97 on Friday. Canadian Pacific Kansas City has a 1 year low of C$96.50 and a 1 year high of C$133.54. The stock has a market cap of C$113.02 billion, a PE ratio of 30.02, a P/E/G ratio of 2.32 and a beta of 1.38. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 56.46. The stock’s 50 day simple moving average is C$124.30 and its 200-day simple moving average is C$120.07.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its earnings results on Wednesday, October 28th. The company reported C$1.28 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 24.14% and a return on equity of 8.37%. The business had revenue of C$4.22 billion for the quarter. Sell-side analysts forecast that Canadian Pacific Kansas City will post 4.34 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, October 26th. Shareholders of record on Monday, October 26th were issued a dividend of $0.2680 per share. The ex-dividend date was Friday, September 25th. This represents a $1.07 annualized dividend and a yield of 0.8%. Canadian Pacific Kansas City’s payout ratio is currently 22.91%.

Insiders Place Their Bets

In other Canadian Pacific Kansas City news, insider Mark Ashley Redd sold 52,000 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of C$134.50, for a total value of C$6,994,000.00. Following the completion of the transaction, the insider directly owned 2,199 shares of the company’s stock, valued at approximately C$295,765.50. The trade was a 95.94% decrease in their ownership of the stock. Also, insider Laird Joseph Pitz sold 24,630 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of C$135.08, for a total value of C$3,327,020.40. Insiders sold a total of 95,002 shares of company stock valued at $12,730,436 in the last three months. Insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.