Canadian Pacific Kansas City Limited (TSE:CP) Receives C$120.63 Average PT from Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP have earned a consensus rating of "Moderate Buy" from the thirteen ratings firms that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is C$120.63.

CP has been the subject of a number of analyst reports. Raymond James boosted their price target on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an "outperform" rating in a report on Monday, April 22nd. Royal Bank of Canada upped their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. National Bankshares lowered their price target on shares of Canadian Pacific Kansas City from C$121.00 to C$119.00 and set a "sector perform" rating for the company in a report on Thursday, April 25th. CIBC upped their price objective on shares of Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the company an "outperform" rating in a research note on Wednesday, March 27th. Finally, ATB Capital raised their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 10th.

Canadian Pacific Kansas City Price Performance

Shares of TSE:CP traded down C$1.01 on Wednesday, reaching C$109.93. 1,368,525 shares of the company were exchanged, compared to its average volume of 1,225,944. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 51.94. Canadian Pacific Kansas City has a 1-year low of C$94.45 and a 1-year high of C$123.37. The company has a 50-day moving average of C$116.92 and a 200-day moving average of C$109.43. The firm has a market cap of C$102.53 billion, a price-to-earnings ratio of 26.45, 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 quarterly earnings results on Wednesday, April 24th. The company reported C$0.93 earnings per share for the quarter, missing analysts' consensus estimates of C$0.95 by C($0.02). The firm had revenue of C$3.52 billion during the quarter, compared to analyst estimates of C$3.52 billion. Canadian Pacific Kansas City had a return on equity of 9.36% and a net margin of 28.26%. Equities analysts forecast that Canadian Pacific Kansas City will post 4.2982664 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 29th. Investors of record on Friday, June 28th will be paid a $0.19 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.76 dividend on an annualized basis and a yield of 0.69%. Canadian Pacific Kansas City's dividend payout ratio (DPR) is 18.18%.

Insiders Place Their Bets

In other Canadian Pacific Kansas City news, Senior Officer Nadeem Velani sold 1,000 shares of Canadian Pacific Kansas City stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of C$123.30, for a total value of C$123,300.00. In related news, Senior Officer Keith E. Creel sold 59,925 shares of the business's 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 transaction of C$7,162,691.43. Also, Senior Officer Nadeem Velani sold 1,000 shares of the company's stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of C$123.30, for a total value of C$123,300.00. Insiders have sold a total of 178,938 shares of company stock valued at $19,925,231 in the last quarter. Insiders own 0.03% 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.