Canadian Pacific Kansas City Limited (TSE:CP) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Canadian Pacific Kansas City, with nine buy ratings, four holds and one strong buy. The average 12-month price target is C$134.36, while several brokerages recently raised targets to between C$140 and C$153.
• CPKC reported quarterly EPS of C$1.27 on revenue of C$4.16 billion, with a 25.04% net margin and 8.35% return on equity. Analysts expect full-year EPS of approximately C$4.34.
• The company increased its quarterly dividend to $0.268 per share, representing an annualized dividend of $1.07 and a yield of about 0.8%. Insiders have sold 99,515 shares worth roughly C$12.3 million over the past three months.

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP has been assigned an average recommendation of "Moderate Buy" from the fourteen analysts that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$134.36.

Several brokerages have recently issued reports on CP. National Bank Financial lifted their price target on Canadian Pacific Kansas City from C$132.00 to C$140.00 and gave the company an "outperform" rating in a research report on Thursday, July 30th. BMO Capital Markets upped their price objective on Canadian Pacific Kansas City from C$142.00 to C$145.00 and gave the company an "outperform" rating in a report on Thursday, July 30th. Barclays upped their price objective on Canadian Pacific Kansas City from C$135.00 to C$145.00 in a report on Friday, June 26th. Raymond James Financial raised their target price on Canadian Pacific Kansas City from C$140.00 to C$144.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. lifted their target price on Canadian Pacific Kansas City from C$135.00 to C$153.00 in a report on Thursday, July 30th.

Insider Activity

In other Canadian Pacific Kansas City news, insider John Kenneth Brooks sold 65,130 shares of the firm's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$122.24, for a total value of C$7,961,491.20. Also, insider Maeghan Dawn Albiston sold 5,690 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$125.00, for a total transaction of C$711,250.00. In the last three months, insiders have sold 99,515 shares of company stock valued at $12,279,066. Corporate insiders own 0.03% of the company's stock.

Canadian Pacific Kansas City Trading Up 0.3%

Canadian Pacific Kansas City stock opened at C$130.19 on Tuesday. The firm has a 50 day simple moving average of C$126.29 and a 200-day simple moving average of C$118.62. The company has a debt-to-equity ratio of 53.93, a current ratio of 0.59 and a quick ratio of 0.42. The stock has a market capitalization of C$114.45 billion, a PE ratio of 30.28, a price-to-earnings-growth ratio of 2.32 and a beta of 1.28. 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 - Get Free Report) NYSE: CP last announced its earnings results on Wednesday, July 29th. The company reported C$1.27 EPS for the quarter. The firm 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, equities research analysts expect that Canadian Pacific Kansas City will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 27th were paid a dividend of $0.268 per share. This is a boost from Canadian Pacific Kansas City's previous quarterly dividend of $0.23. This represents a $1.07 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, June 26th. Canadian Pacific Kansas City's payout ratio is currently 22.14%.

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.

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