Cassandra Quach Sells 4,015 Shares of Canadian Pacific Kansas City (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Cassandra Quach sold 4,015 shares of Canadian Pacific Kansas City stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$124.82, for a total value of C$501,152.30.

Canadian Pacific Kansas City Trading Down 0.7%

CP stock traded down C$0.89 during trading on Friday, reaching C$123.97. 567,343 shares of the stock traded hands, compared to its average volume of 1,492,915. The business’s 50 day moving average price is C$114.39 and its 200-day moving average price is C$108.44. Canadian Pacific Kansas City Limited has a 52-week low of C$96.50 and a 52-week high of C$126.66. The company has a debt-to-equity ratio of 52.35, a current ratio of 0.67 and a quick ratio of 0.42. The firm has a market capitalization of C$110.05 billion, a PE ratio of 27.67, a P/E/G ratio of 2.32 and a beta of 1.18.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a return on equity of 8.85% and a net margin of 27.21%.The firm had revenue of C$3.70 billion during the quarter. As a group, sell-side analysts forecast that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were given a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Pacific Kansas City’s payout ratio is 20.36%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Citigroup decreased their target price on Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Raymond James Financial boosted their price target on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. BMO Capital Markets boosted their price target on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research note on Thursday, February 19th. Royal Bank Of Canada cut their price objective on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Finally, Barclays lifted their target price on Canadian Pacific Kansas City from C$125.00 to C$135.00 in a research report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Canadian Pacific Kansas City currently has an average rating of “Moderate Buy” and a consensus target price of C$123.07.

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.