Key Points
- Insider Nadeem Velani reported selling 16,987 shares across transactions from November 2–4, including 1,925 shares for C$245,918.75. The article says the sales reduced his holdings by 65.48%, leaving 4,682 shares.
- CPKC reported quarterly earnings of C$1.28 per share on revenue of C$4.22 billion; analysts expect full-year EPS of C$4.34 on average.
- Analyst sentiment was broadly positive: the stock had a “Moderate Buy” consensus rating and a C$139 average price target.
Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) (NYSE:CP) insider Nadeem Velani sold 1,500 shares of the firm's stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of C$128.25, for a total value of C$192,375.00.
Nadeem Velani also recently made the following trade(s):
- On Monday, November 2nd, Nadeem Velani sold 1,925 shares of Canadian Pacific Kansas City stock. The stock was sold at an average price of C$127.75, for a total value of C$245,918.75.
- On Wednesday, November 4th, Nadeem Velani sold 8,880 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.75, for a total value of C$1,169,940.00.
- On Wednesday, November 4th, Nadeem Velani sold 4,682 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.80, for a total value of C$617,087.60.
Canadian Pacific Kansas City Stock Performance
Canadian Pacific Kansas City stock opened at C$131.37 on Friday. The stock has a market cap of C$114.23 billion, a P/E ratio of 30.34, a price-to-earnings-growth ratio of 2.32 and a beta of 1.38. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 56.46. The stock has a 50 day moving average of C$124.30 and a 200-day moving average of C$119.91. Canadian Pacific Kansas City Limited has a 52 week low of C$96.50 and a 52 week high of C$133.54.
Canadian Pacific Kansas City (TSE:CP - Get Free Report) (NYSE:CP) last released its quarterly earnings results on Wednesday, October 28th. The company reported C$1.28 earnings per share for the quarter. The business had revenue of C$4.22 billion during the quarter. Canadian Pacific Kansas City had a net margin of 24.14% and a return on equity of 8.37%. On average, analysts expect that Canadian Pacific Kansas City Limited will post 4.34 EPS for the current fiscal year.
Canadian Pacific Kansas City Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Shareholders of record on Monday, October 26th were paid a dividend of $0.2680 per share. This represents a $1.07 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, September 25th. Canadian Pacific Kansas City's dividend payout ratio is 22.91%.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Canadian Pacific Kansas City from C$135.00 to C$153.00 in a report on Thursday, July 30th. Citizens Jmp upgraded shares of Canadian Pacific Kansas City to a "hold" rating in a research note on Wednesday, July 15th. Royal Bank Of Canada increased their price target on shares of Canadian Pacific Kansas City from C$145.00 to C$146.00 and gave the stock an "outperform" rating in a research report on Thursday, September 24th. Raymond James Financial set a C$144.00 price target on Canadian Pacific Kansas City and gave the stock an "outperform" rating in a research note on Monday, October 19th. Finally, ATB Cormark Capital Markets lowered their price objective on Canadian Pacific Kansas City from C$146.00 to C$144.00 and set an "outperform" rating for the company in a report on Thursday, October 29th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$139.00.
Check Out Our Latest Analysis on Canadian Pacific Kansas City
Key Canadian Pacific Kansas City News
Here are the key news stories impacting Canadian Pacific Kansas City this week:
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.
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