Recent Analysts’ Ratings Changes for Canadian Pacific Kansas City (CP)

Canadian Pacific Kansas City (TSE: CP) has recently received a number of price target changes and ratings updates:

• 4/25/2024 – Canadian Pacific Kansas City had its price target lowered by analysts at National Bankshares, Inc. from C$121.00 to C$119.00. They now have a “sector perform” rating on the stock.
• 4/25/2024 – Canadian Pacific Kansas City had its price target lowered by analysts at Scotiabank from C$126.00 to C$124.00. They now have a “sector perform” rating on the stock.
• 4/22/2024 – Canadian Pacific Kansas City had its price target raised by analysts at Raymond James from C$120.00 to C$130.00. They now have an “outperform” rating on the stock.
• 4/15/2024 – Canadian Pacific Kansas City had its price target raised by analysts at Sanford C. Bernstein from C$117.00 to C$118.00. They now have a “hold” rating on the stock.
• 4/12/2024 – Canadian Pacific Kansas City had its price target raised by analysts at Desjardins from C$118.00 to C$130.00. They now have a “buy” rating on the stock.
• 4/10/2024 – Canadian Pacific Kansas City had its price target raised by analysts at ATB Capital from C$120.00 to C$130.00. They now have an “outperform” rating on the stock.
• 4/8/2024 – Canadian Pacific Kansas City had its price target raised by analysts at BMO Capital Markets from C$125.00 to C$133.00.
• 4/4/2024 – Canadian Pacific Kansas City had its price target raised by analysts at Barclays PLC from C$120.00 to C$130.00.
• 4/4/2024 – Canadian Pacific Kansas City had its price target raised by analysts at National Bankshares, Inc. from C$112.00 to C$121.00.
• 4/1/2024 – Canadian Pacific Kansas City had its price target raised by analysts at Royal Bank of Canada from C$127.00 to C$133.00.
• 3/27/2024 – Canadian Pacific Kansas City had its price target raised by analysts at CIBC from C$124.00 to C$130.00. They now have an “outperform” rating on the stock.
• 3/25/2024 – Canadian Pacific Kansas City was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating. They now have a C$126.00 price target on the stock, up previously from C$120.00.

Canadian Pacific Kansas City Stock Up 2.0 %

Shares of TSE:CP traded up C$2.09 during mid-day trading on Thursday, reaching C$108.85. 1,681,651 shares of the stock were exchanged, compared to its average volume of 1,260,027. 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$101.51 billion, a P/E ratio of 25.86, a P/E/G ratio of 2.32 and a beta of 0.75. Canadian Pacific Kansas City Limited has a one year low of C$94.45 and a one year high of C$123.37. The stock’s 50 day simple moving average is C$117.84 and its 200-day simple moving average is C$108.45.

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 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 9.65% and a net margin of 31.28%. The firm had revenue of C$3.52 billion for the quarter, compared to analyst estimates of C$3.52 billion. As a group, equities research analysts predict that Canadian Pacific Kansas City Limited will post 4.3266423 EPS for the current 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 paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.76 annualized dividend and a dividend yield of 0.70%. Canadian Pacific Kansas City’s payout ratio is 18.05%.

Insider Activity at Canadian Pacific Kansas City

In other news, Senior Officer Keith E. Creel sold 59,925 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. In other news, Senior Officer Keith E. Creel sold 59,925 shares of the stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. Also, Senior Officer Nadeem Velani sold 1,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of C$123.30, for a total transaction of C$123,300.00. Insiders have sold a total of 97,758 shares of company stock valued at $10,774,715 in the last 90 days. 0.03% of the stock is owned by corporate insiders.

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.