Canadian Pacific Kansas City Limited (TSE:CP) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have received a consensus rating of “Moderate Buy” from the thirteen brokerages that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$123.87.

A number of research firms have weighed in on CP. TD Securities raised their price target on Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the company a “hold” rating in a research note on Wednesday, July 31st. Scotiabank upgraded shares of Canadian Pacific Kansas City from a “sector perform” rating to an “outperform” rating and increased their price target for the company from C$124.00 to C$130.00 in a research note on Wednesday, July 10th. National Bankshares set a C$119.00 price objective on shares of Canadian Pacific Kansas City and gave the stock a “sector perform” rating in a research note on Thursday, June 27th. ATB Capital raised their target price on shares of Canadian Pacific Kansas City from C$130.00 to C$133.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Finally, Sanford C. Bernstein boosted their price target on Canadian Pacific Kansas City from C$122.00 to C$126.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 31st.

Canadian Pacific Kansas City Trading Down 0.7 %

TSE CP opened at C$115.60 on Tuesday. Canadian Pacific Kansas City has a 52 week low of C$94.45 and a 52 week high of C$123.37. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51. The stock’s 50 day moving average price is C$112.36 and its two-hundred day moving average price is C$112.71. The stock has a market capitalization of C$107.87 billion, a price-to-earnings ratio of 30.91, a PEG ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its earnings results on Tuesday, July 30th. The company reported C$1.05 EPS for the quarter, topping the consensus estimate of C$1.01 by C$0.04. The business had revenue of C$3.60 billion during the quarter, compared to analysts’ expectations of C$3.55 billion. Canadian Pacific Kansas City had a net margin of 24.46% and a return on equity of 8.10%. As a group, analysts anticipate that Canadian Pacific Kansas City will post 5.090035 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Monday, October 28th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date is Friday, September 27th. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.32%.

Insider Activity

In other news, Senior Officer Keith E. Creel sold 59,925 shares of the firm’s stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of C$108.03, for a total transaction of C$6,473,511.98. In other news, Senior Officer Keith E. Creel sold 59,925 shares of the stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of C$108.03, for a total transaction of C$6,473,511.98. Also, Senior Officer Laird Joseph Pitz sold 5,480 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of C$79.71, for a total value of C$436,796.55. Over the last 90 days, insiders sold 87,105 shares of company stock valued at $9,340,938. 0.03% of the stock is owned by company insiders.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.