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

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have received an average rating of “Moderate Buy” from the fourteen analysts that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$134.43.

Several brokerages recently weighed in on CP. Raymond James Financial lifted their price objective on Canadian Pacific Kansas City from C$140.00 to C$144.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. TD upped their price target on shares of Canadian Pacific Kansas City from C$128.00 to C$134.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Stephens raised shares of Canadian Pacific Kansas City to a “hold” rating in a research note on Wednesday, July 8th. National Bank Financial set a C$140.00 price target on shares of Canadian Pacific Kansas City and gave the company an “outperform” rating in a research report on Wednesday, September 23rd. Finally, Scotiabank lifted their price objective on Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 16th.

Canadian Pacific Kansas City Price Performance

CP opened at C$121.88 on Wednesday. The firm has a market cap of C$107.14 billion, a P/E ratio of 28.34, a PEG ratio of 2.32 and a beta of 1.33. The firm has a 50-day moving average of C$125.55 and a 200 day moving average of C$122.33. The company has a debt-to-equity ratio of 53.93, a quick ratio of 0.42 and a current ratio of 0.59. Canadian Pacific Kansas City has a fifty-two week low of C$96.50 and a fifty-two week high of C$133.38.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, July 29th. The company reported C$1.27 earnings per share (EPS) for the quarter. The business had revenue of C$4.16 billion during the quarter. Canadian Pacific Kansas City had a net margin of 25.04% and a return on equity of 8.35%. On average, research analysts expect that Canadian Pacific Kansas City will post 4.34 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 26th will be paid a dividend of $0.2680 per share. This represents a $1.07 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 25th. Canadian Pacific Kansas City’s dividend payout ratio is 22.14%.

Insiders Place Their Bets

In other news, insider Mark Ashley Redd sold 52,000 shares of Canadian Pacific Kansas City stock in a transaction that occurred on 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 sale, the insider directly owned 2,199 shares in the company, valued at approximately C$295,765.50. This trade represents a 95.94% decrease in their position. Also, insider Pamela Lynne Arpin sold 1,385 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of C$132.92, for a total transaction of C$184,094.20. Following the completion of the transaction, the insider owned 4,578 shares in the company, valued at approximately C$608,507.76. The trade was a 23.23% decrease in their position. In the last 90 days, insiders sold 78,015 shares of company stock worth $10,505,115. 0.03% of the stock is currently owned by company insiders.

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.