Canadian Pacific Kansas City Limited (TSE:CP) Receives C$124.38 Average PT from Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been given an average rating of “Buy” by the fifteen analysts that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$124.23.

Several research analysts have recently issued reports on CP shares. Scotiabank reduced their price target on Canadian Pacific Kansas City from C$130.00 to C$128.00 in a research report on Monday. Sanford C. Bernstein decreased their target price on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research report on Wednesday, October 9th. Barclays increased their price target on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. JPMorgan Chase & Co. boosted their price objective on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th. Finally, Stephens upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th.

Insider Buying and Selling at Canadian Pacific Kansas City

In related news, Senior Officer James Dominic Luther Clements sold 15,657 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total value of C$1,664,359.45. Also, Senior Officer Keith E. Creel sold 51,727 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total value of C$5,426,615.01. Insiders sold a total of 70,284 shares of company stock worth $7,398,669 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Trading Up 1.3 %

Shares of TSE CP opened at C$112.84 on Monday. Canadian Pacific Kansas City has a 1-year low of C$101.76 and a 1-year high of C$123.37. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. The company has a 50-day moving average of C$106.30 and a two-hundred day moving average of C$109.66. The company has a market cap of C$105.29 billion, a PE ratio of 30.25, a P/E/G ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, October 23rd. The company reported C$0.99 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.01 by C($0.02). Canadian Pacific Kansas City had a return on equity of 8.10% and a net margin of 24.46%. During the same period in the prior year, the company posted $0.92 EPS. As a group, equities analysts expect that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Monday, January 27th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.38%.

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.