Key Points
- Insider sale: Canadian Pacific Kansas City insider John Kenneth Brooks sold 65,130 shares on May 26 at an average price of C$122.24, totaling about C$7.96 million.
- Stock performance: The shares were up 2.6% and opened at C$126.24, near their 52-week high of C$126.66, with the company valued at about C$112.07 billion.
- Analyst sentiment and fundamentals: Analysts remain cautiously positive, with a consensus Moderate Buy rating and average price target of C$123.07. The company recently reported C$1.04 EPS on C$3.70 billion in revenue and pays a quarterly dividend yielding about 0.7%.
Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) (NYSE:CP) insider John Kenneth Brooks sold 65,130 shares of Canadian Pacific Kansas City stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total value of C$7,961,491.20.
Canadian Pacific Kansas City Stock Up 2.6%
Shares of TSE CP opened at C$126.24 on Thursday. The company has a debt-to-equity ratio of 52.35, a current ratio of 0.67 and a quick ratio of 0.42. Canadian Pacific Kansas City Limited has a 1 year low of C$96.50 and a 1 year high of C$126.66. The business has a 50-day moving average of C$114.10 and a two-hundred day moving average of C$108.26. The company has a market capitalization of C$112.07 billion, a price-to-earnings ratio of 28.18, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18.
Canadian Pacific Kansas City (TSE:CP - Get Free Report) (NYSE:CP) last released its quarterly earnings data on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 27.21% and a return on equity of 8.85%. The company had revenue of C$3.70 billion for the quarter. On average, analysts forecast that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current fiscal year.
Canadian Pacific Kansas City Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were issued a dividend of $0.228 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.91 dividend on an annualized basis and a yield of 0.7%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 20.36%.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on CP shares. National Bank Financial raised their price objective on Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an "outperform" rating in a report on Wednesday, April 15th. TD increased their price objective on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a "hold" rating in a report on Monday, April 13th. Royal Bank Of Canada decreased their price objective on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an "outperform" rating for the company in a report on Thursday, April 30th. Raymond James Financial increased their price objective on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the company an "outperform" rating in a report on Thursday, April 23rd. Finally, Desjardins increased their price objective on Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$123.07.
View Our Latest Report on CP
About Canadian Pacific Kansas City
(
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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.
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