Canadian Pacific Kansas City Limited (TSE:CP) Receives Average Rating of “Moderate Buy” from Analysts

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has received a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$123.07.

Several analysts have recently weighed in on the company. TD lifted their price objective on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a report on Monday, April 13th. Barclays lifted their price target on shares of Canadian Pacific Kansas City from C$125.00 to C$135.00 in a research note on Thursday, April 30th. TD Securities lowered their price target on shares of Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating on the stock in a report on Thursday, January 29th. Desjardins raised their price objective on shares of Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Scotiabank lifted their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a research report on Thursday, April 9th.

Insiders Place Their Bets

In related news, Director Katharine Berghuis Stevenson acquired 1,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of C$118.37 per share, for a total transaction of C$118,370.00. Following the purchase, the director owned 3,000 shares in the company, valued at approximately C$355,110. This trade represents a 50.00% increase in their position. Insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Performance

TSE:CP opened at C$117.00 on Friday. The firm’s 50-day moving average is C$112.94 and its 200-day moving average is C$107.12. The company has a market cap of C$103.87 billion, a price-to-earnings ratio of 26.12, a PEG ratio of 2.32 and a beta of 1.18. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. Canadian Pacific Kansas City has a 52-week low of C$96.50 and a 52-week high of C$122.25.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. Canadian Pacific Kansas City had a return on equity of 8.85% and a net margin of 27.21%.The business had revenue of C$3.70 billion for the quarter. Equities research analysts anticipate that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were paid a dividend of $0.228 per share. The ex-dividend date was Friday, March 27th. This represents a $0.91 dividend on an annualized basis and a yield of 0.8%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.36%.

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.