Key Points
- Insider sale: Canadian Pacific Kansas City insider James Dominic Luther Clements sold 21,035 shares on June 5 at an average price of C$125.68, totaling about C$2.64 million.
- Stock performance: CP shares were up 0.3% and recently traded around C$125.73, near their 52-week high of C$127.17.
- Analyst outlook and fundamentals: Analysts remain cautiously positive, with a consensus rating of Moderate Buy and a target price of C$123.07, while the company reported quarterly EPS of C$1.04 and continues to pay a quarterly dividend.
Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) (NYSE:CP) insider James Dominic Luther Clements sold 21,035 shares of the business's stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of C$125.68, for a total value of C$2,643,678.80.
Canadian Pacific Kansas City Stock Up 0.3%
CP stock opened at C$125.73 on Tuesday. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The firm has a market capitalization of C$111.62 billion, a PE ratio of 28.06, a PEG ratio of 2.32 and a beta of 1.29. Canadian Pacific Kansas City Limited has a 1-year low of C$96.50 and a 1-year high of C$127.17. The business's 50 day simple moving average is C$116.52 and its 200 day simple moving average is C$109.67.
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 business had revenue of C$3.70 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%. As a group, research analysts anticipate that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.
Canadian Pacific Kansas City Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, April 27th. Investors 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 yield of 0.7%. Canadian Pacific Kansas City's payout ratio is 20.36%.
Analyst Ratings Changes
Several analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price target on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research note on Thursday, April 30th. Barclays boosted their price target on Canadian Pacific Kansas City from C$125.00 to C$135.00 in a research note on Thursday, April 30th. National Bank Financial boosted their price target on Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the company an "outperform" rating in a research note on Wednesday, April 15th. TD boosted their price target on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a "hold" rating in a research note on Monday, April 13th. Finally, Raymond James Financial boosted their price target on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the company an "outperform" rating in a research note on Thursday, April 23rd. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$123.07.
Read Our Latest Report on CP
Canadian Pacific Kansas City Company Profile
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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.
Further Reading
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