Canadian Pacific Kansas City Limited (NYSE:CP) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Canadian Pacific Kansas City Limited (NYSE:CP - Get Free Report) TSE: CP have received an average recommendation of "Moderate Buy" from the eighteen research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $91.3846.

CP has been the subject of a number of research analyst reports. Citigroup cut their price target on shares of Canadian Pacific Kansas City from $90.00 to $88.00 and set a "buy" rating for the company in a report on Monday, October 13th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Canadian Pacific Kansas City in a report on Wednesday, October 8th. Barclays set a $90.00 price target on Canadian Pacific Kansas City and gave the stock an "overweight" rating in a research note on Thursday, October 2nd. Susquehanna dropped their price objective on Canadian Pacific Kansas City from $91.00 to $88.00 and set a "positive" rating for the company in a research note on Thursday, September 25th. Finally, Wall Street Zen downgraded Canadian Pacific Kansas City from a "hold" rating to a "sell" rating in a research report on Saturday, September 13th.

Canadian Pacific Kansas City Stock Down 0.0%

Canadian Pacific Kansas City stock opened at $76.50 on Tuesday. The stock's 50 day moving average price is $75.48 and its 200 day moving average price is $76.77. Canadian Pacific Kansas City has a 1-year low of $66.49 and a 1-year high of $83.65. The company has a market cap of $69.38 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 2.16 and a beta of 1.08. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.93 and a quick ratio of 0.81.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its quarterly earnings data on Wednesday, July 30th. The transportation company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). The business had revenue of $2.72 billion during the quarter, compared to analysts' expectations of $2.76 billion. Canadian Pacific Kansas City had a return on equity of 8.69% and a net margin of 28.05%.The company's revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS. On average, sell-side analysts predict that Canadian Pacific Kansas City will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 27th. Investors of record on Friday, September 26th will be paid a $0.1651 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 26th. This is a positive change from Canadian Pacific Kansas City's previous quarterly dividend of $0.16. Canadian Pacific Kansas City's dividend payout ratio is currently 20.56%.

Institutional Trading of Canadian Pacific Kansas City

Several institutional investors and hedge funds have recently modified their holdings of the business. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Canadian Pacific Kansas City during the 2nd quarter worth approximately $27,000. Cornerstone Planning Group LLC increased its position in Canadian Pacific Kansas City by 209.8% during the first quarter. Cornerstone Planning Group LLC now owns 378 shares of the transportation company's stock worth $28,000 after buying an additional 256 shares in the last quarter. North Capital Inc. purchased a new position in Canadian Pacific Kansas City during the first quarter worth $27,000. Cheviot Value Management LLC acquired a new position in shares of Canadian Pacific Kansas City in the first quarter worth $30,000. Finally, Hexagon Capital Partners LLC lifted its position in shares of Canadian Pacific Kansas City by 49.5% in the first quarter. Hexagon Capital Partners LLC now owns 495 shares of the transportation company's stock valued at $35,000 after acquiring an additional 164 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

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.

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