Canadian Pacific Kansas City Limited (TSE:CP) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have received a consensus rating of “Moderate Buy” from the eleven research firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$123.07.

CP has been the subject of a number of recent research reports. Raymond James Financial boosted their price objective on shares of 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. Scotiabank boosted their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a report on Thursday, April 9th. Royal Bank Of Canada cut their price objective 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 report on Thursday, April 30th. TD boosted their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Monday, April 13th. Finally, ATB Cormark Capital Markets boosted their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the company a “moderate buy” rating in a research report on Friday, April 17th.

Insider Activity

In other news, Director Katharine Berghuis Stevenson bought 1,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of C$118.37 per share, for a total transaction of C$118,370.00. Following the transaction, the director owned 3,000 shares of the company’s stock, valued at C$355,110. This represents a 50.00% increase in their ownership of the stock. Also, insider Cassandra P. Quach sold 4,015 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$124.82, for a total value of C$501,152.30. Insiders have sold a total of 74,835 shares of company stock valued at $9,173,894 over the last quarter. 0.03% of the stock is owned by corporate insiders.

Canadian Pacific Kansas City Stock Performance

TSE CP opened at C$123.84 on Thursday. 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$109.94 billion, a P/E ratio of 27.64, a P/E/G ratio of 2.32 and a beta of 1.18. Canadian Pacific Kansas City has a 12-month low of C$96.50 and a 12-month high of C$126.95. The firm has a 50-day moving average price of C$115.59 and a two-hundred day moving average price of C$109.10.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. The firm had revenue of C$3.70 billion during the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. Analysts anticipate that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 27th were given 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 payout ratio is presently 20.36%.

About Canadian Pacific Kansas City

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.