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

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP has been given a consensus recommendation of "Moderate Buy" by the thirteen ratings firms that are currently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$120.25.

Several research analysts have recently weighed in on CP shares. CIBC boosted their price target on Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 27th. Desjardins upped their price objective on Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the company a "buy" rating in a research report on Friday, April 12th. BMO Capital Markets upped their price objective on Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research report on Monday, April 8th. Royal Bank of Canada upped their price objective on Canadian Pacific Kansas City from C$127.00 to C$133.00 in a research report on Monday, April 1st. Finally, Sanford C. Bernstein upped their price target on Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the stock a "hold" rating in a research report on Monday, April 15th.

Insider Activity

In other news, Senior Officer Keith E. Creel sold 59,925 shares of the stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total value of C$7,162,691.43. In other Canadian Pacific Kansas City news, Senior Officer James Dominic Luther Clements sold 7,828 shares of the firm's stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of C$118.91, for a total transaction of C$930,859.57. Also, Senior Officer Keith E. Creel sold 59,925 shares of the firm's stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total value of C$7,162,691.43. Insiders sold 97,758 shares of company stock valued at $10,774,715 in the last ninety days. Insiders own 0.03% of the company's stock.

Canadian Pacific Kansas City Stock Up 0.7 %

Canadian Pacific Kansas City stock traded up C$0.82 during mid-day trading on Friday, hitting C$116.41. The company had a trading volume of 1,159,422 shares, compared to its average volume of 1,160,791. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 53.85. The stock's 50 day moving average price is C$118.19 and its two-hundred day moving average price is C$107.72. Canadian Pacific Kansas City has a 12 month low of C$94.45 and a 12 month high of C$123.37. The company has a market capitalization of C$108.56 billion, a PE ratio of 27.65, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75.

Canadian Pacific Kansas City (TSE:CP - Get Free Report) NYSE: CP last released its earnings results on Tuesday, January 30th. The company reported C$1.18 EPS for the quarter, topping the consensus estimate of C$1.12 by C$0.06. Canadian Pacific Kansas City had a return on equity of 9.65% and a net margin of 31.28%. The business had revenue of C$3.78 billion for the quarter, compared to the consensus estimate of C$3.66 billion. As a group, sell-side analysts anticipate that Canadian Pacific Kansas City will post 4.3266423 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Wednesday, March 27th. Canadian Pacific Kansas City's payout ratio is 18.05%.

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.