Key Points
- Insider selling: Canadian Pacific Kansas City insider Maeghan Dawn Albiston sold 3,645 shares on June 3 at an average price of C$126.61, totaling about C$461,493. She also sold 5,690 shares on May 28 for about C$711,250.
- Stock performance and valuation: CP stock rose 0.4% and opened at C$124.37, near its 52-week high of C$126.95. The company has a market cap of C$110.41 billion and trades above both its 50-day and 200-day moving averages.
- Analyst outlook remains positive: Several firms raised price targets, and the stock has an average analyst rating of Moderate Buy with an average target price of C$123.07. Eight analysts rate it a Buy and three rate it a Hold.
Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) (NYSE:CP) insider Maeghan Dawn Albiston sold 3,645 shares of the business's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of C$126.61, for a total value of C$461,493.45.
Maeghan Dawn Albiston also recently made the following trade(s):
- On Thursday, May 28th, Maeghan Dawn Albiston sold 5,690 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$125.00, for a total value of C$711,250.00.
Canadian Pacific Kansas City Stock Up 0.4%
TSE CP opened at C$124.37 on Friday. Canadian Pacific Kansas City Limited has a 52 week low of C$96.50 and a 52 week high of C$126.95. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35. The company has a market capitalization of C$110.41 billion, a P/E ratio of 27.76, a price-to-earnings-growth ratio of 2.32 and a beta of 1.18. The stock's 50-day moving average price is C$115.90 and its 200-day moving average price is C$109.28.
Canadian Pacific Kansas City (TSE:CP - Get Free Report) (NYSE:CP) last announced its quarterly earnings data on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. The company had revenue of C$3.70 billion during the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%. On average, equities research analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current year.
Canadian Pacific Kansas City Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were given a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, March 27th. Canadian Pacific Kansas City's dividend payout ratio is presently 20.36%.
Analysts Set New Price Targets
CP has been the topic of a number of analyst reports. 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. BMO Capital Markets boosted their price objective on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Raymond James Financial upped their price objective on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an "outperform" rating in a research note on Thursday, April 23rd. National Bank Financial increased their target price on Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 15th. Finally, Sanford C. Bernstein lifted their target price on Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research note on Tuesday, March 31st. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$123.07.
Get Our Latest Research 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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