Canadian Pacific Kansas City Limited (TSE:CP) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been given an average rating of “Moderate Buy” by the thirteen research firms that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$120.25.

CP has been the subject of a number of analyst reports. Royal Bank of Canada increased their price target on Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. National Bankshares upped their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$121.00 in a research note on Thursday, April 4th. Scotiabank downgraded Canadian Pacific Kansas City from an “outperform” rating to a “sector perform” rating and lifted their price target for the stock from C$120.00 to C$126.00 in a research note on Monday, March 25th. Sanford C. Bernstein upped their price objective on Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a “hold” rating in a research note on Monday, April 15th. Finally, ATB Capital lifted their target price on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 10th.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer John Kenneth Brooks sold 27,505 shares of the company’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of C$86.33, for a total value of C$2,374,638.67. In related news, Senior Officer John Kenneth Brooks sold 27,505 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of C$86.33, for a total value of C$2,374,638.67. Also, Senior Officer Nadeem Velani sold 1,500 shares of the firm’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of C$122.15, for a total value of C$183,225.00. Insiders sold 97,758 shares of company stock valued at $10,774,715 in the last quarter. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Performance

TSE:CP opened at C$116.41 on Friday. The firm’s 50 day moving average is C$118.19 and its two-hundred day moving average is C$107.67. Canadian Pacific Kansas City has a fifty-two week low of C$94.45 and a fifty-two week high of C$123.37. The company has a quick ratio of 0.42, a current ratio of 0.53 and a debt-to-equity ratio of 53.85. The company has a market cap of C$108.56 billion, a P/E ratio of 27.65, a P/E/G ratio of 2.32 and a beta of 0.75.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Tuesday, January 30th. The company reported C$1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.12 by C$0.06. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. The company had revenue of C$3.78 billion during the quarter, compared to analyst estimates of C$3.66 billion. Analysts expect that Canadian Pacific Kansas City will post 4.3266423 EPS for the current year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be issued a $0.19 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.65%. Canadian Pacific Kansas City’s dividend payout ratio is 18.05%.

Canadian Pacific Kansas City Company Profile

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.