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

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been assigned an average rating of “Moderate Buy” from the fourteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$134.36.

CP has been the topic of several recent analyst reports. ATB Cormark Capital Markets increased their target price on Canadian Pacific Kansas City from C$137.00 to C$143.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. TD upped their price objective on shares of Canadian Pacific Kansas City from C$128.00 to C$134.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Desjardins increased their price objective on shares of Canadian Pacific Kansas City from C$141.00 to C$143.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. raised their target price on shares of Canadian Pacific Kansas City from C$135.00 to C$153.00 in a research report on Thursday, July 30th. Finally, National Bank Financial raised their target price on shares of Canadian Pacific Kansas City from C$132.00 to C$140.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th.

Canadian Pacific Kansas City Trading Down 1.4%

Shares of CP opened at C$122.41 on Friday. The stock has a fifty day moving average of C$127.71 and a two-hundred day moving average of C$121.18. The company has a debt-to-equity ratio of 53.93, a quick ratio of 0.42 and a current ratio of 0.59. The company has a market capitalization of C$107.61 billion, a PE ratio of 28.47, a price-to-earnings-growth ratio of 2.32 and a beta of 1.30. Canadian Pacific Kansas City has a fifty-two week low of C$96.50 and a fifty-two week high of C$133.38.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, July 29th. The company reported C$1.27 earnings per share (EPS) for the quarter. The business had revenue of C$4.16 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%. As a group, analysts forecast that Canadian Pacific Kansas City will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Monday, October 26th will be issued a $0.268 dividend. This represents a $1.07 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, September 25th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 22.14%.

Insider Buying and Selling at Canadian Pacific Kansas City

In other news, insider Pamela Lynne Arpin sold 1,385 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of C$132.92, for a total transaction of C$184,094.20. Following the completion of the sale, the insider directly owned 4,578 shares of the company’s stock, valued at C$608,507.76. The trade was a 23.23% decrease in their position. Also, insider Mark Ashley Redd sold 52,000 shares of the company’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of C$134.50, for a total value of C$6,994,000.00. Following the sale, the insider owned 2,199 shares of the company’s stock, valued at approximately C$295,765.50. The trade was a 95.94% decrease in their ownership of the stock. Insiders have sold a total of 78,015 shares of company stock worth $10,505,115 in the last quarter. 0.03% of the stock is 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.