Canadian Pacific Kansas City (TSE:CP) Posts Earnings Results

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) announced its quarterly earnings data on Wednesday. The company reported C$1.04 EPS for the quarter, FiscalAI reports. Canadian Pacific Kansas City had a return on equity of 8.85% and a net margin of 27.21%.The business had revenue of C$3.70 billion during the quarter.

Canadian Pacific Kansas City Price Performance

TSE CP opened at C$118.14 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35. The stock has a market capitalization of C$106.01 billion, a PE ratio of 26.20, a price-to-earnings-growth ratio of 2.32 and a beta of 1.13. The company has a 50 day moving average price of C$113.24 and a two-hundred day moving average price of C$106.47. Canadian Pacific Kansas City has a 12-month low of C$96.50 and a 12-month high of C$122.25.

Canadian Pacific Kansas City Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were paid a $0.228 dividend. The ex-dividend date was Friday, March 27th. This represents a $0.91 dividend on an annualized basis and a yield of 0.8%. Canadian Pacific Kansas City’s payout ratio is 19.38%.

Analyst Ratings Changes

CP has been the subject of a number of research reports. Scotiabank boosted their price target on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the company a “hold” rating in a research report on Thursday, April 9th. JPMorgan Chase & Co. lifted their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$133.00 in a research note on Thursday. National Bank Financial boosted their price target on Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Citigroup cut their price target on Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Finally, ATB Cormark Capital Markets boosted their price target on Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the stock a “moderate buy” rating in a research note on Friday, April 17th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$123.07.

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.