Canadian Pacific Kansas City Limited (NYSE:CP) Given Consensus Recommendation of “Moderate Buy” by Analysts

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) has received a consensus rating of “Moderate Buy” from the fourteen research firms that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $93.80.

CP has been the subject of several research reports. Wall Street Zen downgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research note on Tuesday, March 3rd. ATB Cormark Capital Markets downgraded shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday. National Bank Financial upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Scotiabank downgraded shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Evercore lowered their price objective on shares of Canadian Pacific Kansas City from $87.00 to $85.00 and set an “outperform” rating for the company in a research note on Thursday, January 29th.

Canadian Pacific Kansas City Stock Up 1.2%

NYSE CP traded up $0.97 on Tuesday, hitting $82.67. The stock had a trading volume of 113,507 shares, compared to its average volume of 2,725,244. The business’s fifty day moving average price is $82.22 and its 200 day moving average price is $76.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.49 and a quick ratio of 0.41. Canadian Pacific Kansas City has a 52-week low of $68.42 and a 52-week high of $89.42. The stock has a market cap of $73.76 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 1.75 and a beta of 1.07.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings data on Wednesday, January 28th. The transportation company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.04). Canadian Pacific Kansas City had a return on equity of 8.91% and a net margin of 27.49%.The company had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.85 billion. During the same quarter in the previous year, the firm posted $1.29 earnings per share. The company’s quarterly revenue was up 1.3% on a year-over-year basis. Equities research analysts anticipate that Canadian Pacific Kansas City will post 3.76 earnings per share for the current year.

Canadian Pacific Kansas City Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Stockholders of record on Friday, March 27th will be paid a dividend of $0.228 per share. This represents a $0.91 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, March 27th. Canadian Pacific Kansas City’s payout ratio is presently 20.74%.

Institutional Investors Weigh In On Canadian Pacific Kansas City

Institutional investors and hedge funds have recently made changes to their positions in the stock. Prosperity Bancshares Inc acquired a new position in Canadian Pacific Kansas City during the fourth quarter valued at $26,000. Caldwell Trust Co acquired a new position in Canadian Pacific Kansas City during the third quarter valued at $30,000. Gilpin Wealth Management LLC acquired a new position in Canadian Pacific Kansas City during the fourth quarter valued at $29,000. McMillan Office Inc. acquired a new position in Canadian Pacific Kansas City during the fourth quarter valued at $31,000. Finally, Wealth Watch Advisors INC acquired a new position in Canadian Pacific Kansas City during the third quarter valued at $36,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.