Analysts Set Canadian Pacific Kansas City Limited (TSE:CP) PT at C$120.25

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been given an average recommendation of “Moderate Buy” by the thirteen analysts that are presently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$120.88.

CP has been the subject of several research reports. BMO Capital Markets increased their price objective on Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research report on Monday, April 8th. Scotiabank downgraded Canadian Pacific Kansas City from an “outperform” rating to a “sector perform” rating and lifted their price objective for the company from C$120.00 to C$126.00 in a research report on Monday, March 25th. Raymond James raised their target price on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a research note on Monday. Desjardins upped their price target on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the stock a “buy” rating in a research report on Friday, April 12th. Finally, National Bankshares increased their price objective on shares of Canadian Pacific Kansas City from C$112.00 to C$121.00 in a report on Thursday, April 4th.

Insiders Place Their Bets

In other news, Senior Officer James Dominic Luther Clements sold 7,828 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of C$118.91, for a total value of C$930,859.57. In related news, Senior Officer Nadeem Velani sold 1,000 shares of the firm’s stock in a transaction that occurred 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. Also, Senior Officer James Dominic Luther Clements sold 7,828 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of C$118.91, for a total transaction of C$930,859.57. Insiders sold a total of 97,758 shares of company stock valued at $10,774,715 over the last ninety days. 0.03% of the stock is currently owned by company insiders.

Canadian Pacific Kansas City Stock Performance

CP opened at C$118.41 on Friday. The business’s 50 day moving average is C$118.28 and its 200-day moving average is C$107.90. The stock has a market cap of C$110.42 billion, a PE ratio of 28.13, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75. 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 has a twelve month low of C$94.45 and a twelve month high of C$123.37.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results on Tuesday, January 30th. The company reported C$1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.12 by C$0.06. The company had revenue of C$3.78 billion for the quarter, compared to analysts’ expectations of C$3.66 billion. Canadian Pacific Kansas City had a return on equity of 9.65% and a net margin of 31.28%. On average, analysts predict that Canadian Pacific Kansas City will post 4.3266423 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 29th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.19 per share. The ex-dividend date is Wednesday, March 27th. This represents a $0.76 dividend on an annualized basis and a yield of 0.64%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) 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.