Key Points
- Insider sale: Canadian Pacific Kansas City insider Maeghan Dawn Albiston sold 5,690 shares on May 28 for a total of C$711,250, at an average price of C$125.00 per share.
- Stock and financial snapshot: CP stock recently traded at C$123.10, near its 12-month high of C$126.66. The company reported C$1.04 EPS on C$3.70 billion in quarterly revenue, and analysts expect full-year EPS of about 4.34.
- Analyst and dividend outlook: Wall Street currently rates the stock a Moderate Buy overall, with an average target price of C$123.07. The company also pays a quarterly dividend of C$0.228, or about a 0.7% annual yield.
Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) (NYSE:CP) insider Cassandra Quach sold 4,015 shares of Canadian Pacific Kansas City stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of C$124.82, for a total transaction of C$501,152.30.
Canadian Pacific Kansas City Stock Performance
Shares of CP stock opened at C$123.10 on Friday. The firm has a market cap of C$109.28 billion, a price-to-earnings ratio of 27.48, a P/E/G ratio of 2.32 and a beta of 1.18. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. The firm's 50-day simple moving average is C$114.66 and its two-hundred day simple moving average is C$108.54. Canadian Pacific Kansas City Limited has a 52 week low of C$96.50 and a 52 week high of C$126.66.
Canadian Pacific Kansas City (TSE:CP - Get Free Report) (NYSE:CP) last posted its earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share for the quarter. The firm had revenue of C$3.70 billion during the quarter. Canadian Pacific Kansas City had a net margin of 27.21% and a return on equity of 8.85%. As a group, equities analysts forecast that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current year.
Canadian Pacific Kansas City Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 27th were paid a $0.228 dividend. The ex-dividend date was Friday, March 27th. This represents a $0.91 annualized dividend and a dividend yield of 0.7%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is presently 20.36%.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on CP. JPMorgan Chase & Co. lifted their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research note on Thursday, April 30th. National Bank Financial lifted their target price on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 15th. Barclays lifted their target price on shares of Canadian Pacific Kansas City from C$125.00 to C$135.00 in a research note on Thursday, April 30th. Royal Bank Of Canada reduced their target price on shares of Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an "outperform" rating for the company in a research note on Thursday, April 30th. Finally, TD lifted their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a "hold" rating in a research note on Monday, April 13th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Canadian Pacific Kansas City currently has an average rating of "Moderate Buy" and an average price target of C$123.07.
Check Out Our Latest Stock Analysis on Canadian Pacific Kansas City
Canadian Pacific Kansas City Company Profile
(
Get Free Report)
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.
Further Reading
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