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

Canadian Pacific Kansas City Limited (TSE:CPGet Free Report) (NYSE:CP) has received a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$120.63.

CP has been the subject of a number of recent analyst reports. Raymond James raised their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a report on Monday, April 22nd. ATB Capital raised their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a report on Wednesday, April 10th. National Bankshares decreased their price objective on shares of Canadian Pacific Kansas City from C$121.00 to C$119.00 and set a “sector perform” rating for the company in a report on Thursday, April 25th. Scotiabank decreased their price objective on shares of Canadian Pacific Kansas City from C$126.00 to C$124.00 and set a “sector perform” rating for the company in a report on Thursday, April 25th. Finally, CIBC raised their price objective on shares of Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the stock an “outperform” rating in a report on Wednesday, March 27th.

Get Our Latest Research Report on CP

Insider Activity

In related news, Senior Officer Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock in a transaction dated Monday, June 10th. The shares were sold at an average price of C$105.26, for a total value of C$6,307,717.49. In related news, Senior Officer Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock in a transaction dated Monday, June 10th. The shares were sold at an average price of C$105.26, for a total value of C$6,307,717.49. Also, Senior Officer Jeffrey Ellis sold 21,255 shares of Canadian Pacific Kansas City stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of C$111.35, for a total transaction of C$2,366,646.48. In the last three months, insiders sold 205,530 shares of company stock valued at $23,119,525. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Price Performance

CP opened at C$104.67 on Friday. The company has a fifty day simple moving average of C$111.46 and a 200 day simple moving average of C$110.64. The firm has a market cap of C$97.63 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 2.32 and a beta of 0.77. Canadian Pacific Kansas City has a twelve month low of C$94.45 and a twelve month high of C$123.37. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 51.94.

Canadian Pacific Kansas City (TSE:CPGet Free Report) (NYSE:CP) last released its quarterly earnings results on Wednesday, April 24th. The company reported C$0.93 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). The firm had revenue of C$3.52 billion for the quarter, compared to analyst estimates of C$3.52 billion. Canadian Pacific Kansas City had a net margin of 28.26% and a return on equity of 9.36%. Equities research analysts expect that Canadian Pacific Kansas City will post 4.1603293 EPS for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Friday, June 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 18.77%.

About Canadian Pacific Kansas City

(Get Free Report

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.

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Analyst Recommendations for Canadian Pacific Kansas City (TSE:CP)

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