Canadian Pacific Kansas City Limited (TSE:CP) Given Average Rating of “Moderate Buy” by Brokerages

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been assigned a consensus recommendation of “Moderate Buy” from the fourteen analysts that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$134.36.

Several analysts have recently commented on CP shares. Royal Bank Of Canada increased their price target on shares of Canadian Pacific Kansas City from C$139.00 to C$145.00 and gave the company an “outperform” rating in a research note on Thursday. Citizens Jmp upgraded shares of Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 15th. ATB Cormark Capital Markets upped their price objective on Canadian Pacific Kansas City from C$137.00 to C$143.00 and gave the stock an “outperform” rating in a report on Thursday. Barclays increased their price objective on Canadian Pacific Kansas City from C$135.00 to C$145.00 in a research report on Friday, June 26th. Finally, Stephens raised Canadian Pacific Kansas City to a “hold” rating in a research note on Wednesday, July 8th.

Canadian Pacific Kansas City Stock Down 3.9%

Shares of TSE CP opened at C$123.31 on Friday. The firm’s 50-day simple moving average is C$125.31 and its 200 day simple moving average is C$116.24. The company has a market cap of C$109.47 billion, a price-to-earnings ratio of 27.52, a price-to-earnings-growth ratio of 2.32 and a beta of 1.28. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35. Canadian Pacific Kansas City has a 12-month low of C$96.50 and a 12-month high of C$131.89.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, July 29th. The company reported C$1.27 EPS for the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. The firm had revenue of C$4.16 billion for the quarter. On average, research analysts expect that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 27th were issued a $0.268 dividend. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. This represents a $1.07 annualized dividend and a yield of 0.9%. The ex-dividend date was Friday, June 26th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 20.36%.

Canadian Pacific Kansas City News Summary

Here are the key news stories impacting Canadian Pacific Kansas City this week:

• Positive Sentiment: Broad analyst optimism: JPMorgan raised its target to C$153 from C$135, the highest target in the group, implying approximately 24.8% upside. TD also lifted its target to C$134 but maintained a “hold” rating. BayStreet.CA analyst ratings
• Positive Sentiment: Multiple outperform and buy ratings: National Bank Financial raised its target to C$140 and assigned “outperform”; RBC increased its target to C$145 and maintained “outperform”; Raymond James raised its target to C$144 and assigned “outperform”; ATB Cormark lifted its target to C$143 and assigned “outperform”; Desjardins raised its target to C$143 with a “buy” rating; and BMO increased its target to C$145 with an “outperform” rating. These targets imply roughly 14% to 18% upside. BayStreet.CA analyst ratings
• Neutral Sentiment: Quarterly results released: Canadian Pacific Kansas City reported C$1.27 in EPS and C$4.16 billion in quarterly revenue, along with a 27.03% net margin and 8.78% return on equity. The available report does not provide analyst estimates or year-over-year comparisons, making the immediate earnings impact difficult to assess. MarketBeat Canadian Pacific Kansas City earnings report

Insider Transactions at Canadian Pacific Kansas City

In other news, Director Katharine Berghuis Stevenson acquired 1,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of C$118.37 per share, with a total value of C$118,370.00. Following the acquisition, the director owned 3,000 shares of the company’s stock, valued at C$355,110. This trade represents a 50.00% increase in their position. Also, insider Cassandra P. Quach sold 4,015 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of C$124.82, for a total transaction of C$501,152.30. Over the last 90 days, insiders sold 99,515 shares of company stock valued at $12,279,066. 0.03% of the stock is currently owned by insiders.

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.