Canadian Pacific Kansas City Limited (TSE:CP) Given Average Rating of “Moderate Buy” by Brokerages

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has earned an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the company, MarketBeat.com reports. Five equities research 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 analysts that have issued ratings on the stock in the last year is C$120.63.

Several equities analysts have recently weighed in on CP shares. Stephens boosted their target price on Canadian Pacific Kansas City from C$78.00 to C$83.00 and gave the company an “equal weight” rating in a research report on Thursday, January 4th. Barclays boosted their price objective on Canadian Pacific Kansas City from C$120.00 to C$130.00 in a report on Thursday, April 4th. CIBC boosted their price objective on Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the company an “outperform” rating in a report on Wednesday, March 27th. BMO Capital Markets upped their target price on Canadian Pacific Kansas City from C$125.00 to C$133.00 in a report on Monday, April 8th. Finally, Scotiabank lowered their target price on Canadian Pacific Kansas City from C$126.00 to C$124.00 and set a “sector perform” rating for the company in a report on Thursday.

Insider Activity at Canadian Pacific Kansas City

In related news, Senior Officer John Kenneth Brooks sold 27,505 shares of the company’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of C$86.33, for a total transaction of C$2,374,638.67. In other news, Senior Officer James Dominic Luther Clements sold 7,828 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of C$118.91, for a total value of C$930,859.57. Also, Senior Officer John Kenneth Brooks sold 27,505 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of C$86.33, for a total value of C$2,374,638.67. Insiders have sold 97,758 shares of company stock valued at $10,774,715 in the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Down 0.5 %

Shares of CP opened at C$111.63 on Friday. The business’s 50 day moving average is C$118.24 and its 200 day moving average is C$108.18. The company has a market capitalization of C$104.10 billion, a PE ratio of 26.52, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75. 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 current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 53.85.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Wednesday, April 24th. The company reported C$0.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.95 by C($0.02). Canadian Pacific Kansas City had a return on equity of 9.65% and a net margin of 31.28%. The firm had revenue of C$3.52 billion during the quarter, compared to the consensus estimate of C$3.52 billion. Research analysts expect that Canadian Pacific Kansas City will post 4.3266423 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 29th. Investors of record on Friday, June 28th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 0.68%. The ex-dividend date is Friday, June 28th. Canadian Pacific Kansas City’s dividend payout ratio is currently 18.05%.

About Canadian Pacific Kansas City

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.