Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) (NYSE:CP) Senior Officer Jeffrey Ellis sold 21,255 shares of the firm's stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of C$111.35, for a total value of C$2,366,646.48.
Canadian Pacific Kansas City Stock Performance
CP stock opened at C$112.14 on Thursday. The firm has a market cap of C$104.59 billion, a PE ratio of 26.83, a P/E/G ratio of 2.32 and a beta of 0.75. The business's 50-day moving average price is C$117.33 and its two-hundred day moving average price is C$108.86. Canadian Pacific Kansas City Limited has a 1-year low of C$94.45 and a 1-year high of C$123.37. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 51.94.
Canadian Pacific Kansas City (TSE:CP - Get Free Report) (NYSE:CP) last issued its quarterly earnings results on Wednesday, April 24th. The company reported C$0.93 EPS for the quarter, missing analysts' consensus estimates of C$0.95 by C($0.02). The firm had revenue of C$3.52 billion during the quarter, compared to the consensus estimate of C$3.52 billion. Canadian Pacific Kansas City had a net margin of 28.26% and a return on equity of 9.36%. As a group, research analysts forecast that Canadian Pacific Kansas City Limited will post 4.2982664 earnings per share for the current year.
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The company also recently declared a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.68%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is 18.18%.
Analyst Upgrades and Downgrades
Several research firms recently commented on CP. Raymond James raised 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 Monday, April 22nd. Sanford C. Bernstein raised their target price on Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the stock a "hold" rating in a research report on Monday, April 15th. Scotiabank lowered their target price on Canadian Pacific Kansas City from C$126.00 to C$124.00 and set a "sector perform" rating for the company in a research note on Thursday, April 25th. ATB Capital lifted their target price on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an "outperform" rating in a research note on Wednesday, April 10th. Finally, Desjardins lifted their price objective on Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the stock a "buy" rating in a research note on Friday, April 12th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Canadian Pacific Kansas City currently has a consensus rating of "Moderate Buy" and a consensus price target of C$120.63.
Get Our Latest Research Report on Canadian Pacific Kansas City
Canadian Pacific Kansas City Company Profile
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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.
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