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

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently 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 12-month price target among analysts that have covered the stock in the last year is C$120.63.

CP has been the subject of several research reports. Royal Bank of Canada lifted their price target on shares of Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. Raymond James upped their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an “outperform” rating in a research note on Monday, April 22nd. National Bankshares set a C$119.00 price target on shares of Canadian Pacific Kansas City and gave the stock a “sector perform” rating in a research note on Thursday, June 27th. ATB Capital boosted their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an “outperform” rating in a report on Wednesday, April 10th. Finally, Desjardins boosted their price target on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the company a “buy” rating in a report on Friday, April 12th.

Canadian Pacific Kansas City Stock Performance

TSE:CP opened at C$110.77 on Thursday. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 51.94. The firm has a market capitalization of C$103.32 billion, a price-to-earnings ratio of 27.35, a PEG ratio of 2.32 and a beta of 0.77. The firm’s fifty day simple moving average is C$108.66 and its 200 day simple moving average is C$111.54. Canadian Pacific Kansas City has a twelve month low of C$94.45 and a twelve month high of C$123.37.

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

Canadian Pacific Kansas City Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Friday, June 28th. Canadian Pacific Kansas City’s dividend payout ratio is 18.77%.

Insider Activity

In related news, Director Isabelle Courville sold 4,500 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$110.80, for a total transaction of C$498,600.00. In other news, Director Isabelle Courville sold 4,500 shares of the firm’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of C$110.80, for a total value of C$498,600.00. Also, Senior Officer Nadeem Velani sold 3,200 shares of the firm’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of C$109.11, for a total transaction of C$349,155.84. In the last 90 days, insiders sold 208,730 shares of company stock worth $23,468,681. 0.03% of the stock is currently owned by corporate insiders.

About Canadian Pacific Kansas City

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.