Canadian Pacific Kansas City Limited (TSE:CP) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been assigned a consensus rating of “Moderate Buy” from the twelve analysts that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$125.86.

CP has been the subject of a number of recent research reports. Barclays raised their price target on Canadian Pacific Kansas City from C$135.00 to C$145.00 in a research note on Friday, June 26th. Royal Bank Of Canada boosted their price target on Canadian Pacific Kansas City from C$127.00 to C$139.00 and gave the company an “outperform” rating in a research note on Wednesday, June 24th. Scotiabank increased their price objective on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the stock a “hold” rating in a report on Thursday, April 9th. TD raised their price objective on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Monday, April 13th. Finally, ATB Cormark Capital Markets lifted their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the company a “moderate buy” rating in a research note on Friday, April 17th.

Canadian Pacific Kansas City Price Performance

Shares of TSE:CP opened at C$124.74 on Monday. The firm has a market cap of C$110.74 billion, a price-to-earnings ratio of 27.84, a P/E/G ratio of 2.32 and a beta of 1.29. Canadian Pacific Kansas City has a 1 year low of C$96.50 and a 1 year high of C$127.50. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. The business has a fifty day simple moving average of C$121.25 and a 200 day simple moving average of C$112.57.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its earnings results on Wednesday, April 29th. The company reported C$1.04 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%.The firm had revenue of C$3.70 billion for the quarter. As a group, sell-side analysts predict that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 27th will be paid a dividend of $0.268 per share. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, June 26th. This represents a $1.07 annualized dividend and a dividend yield of 0.9%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.36%.

Insider Buying and Selling at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Director Katharine Berghuis Stevenson acquired 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of C$118.37 per share, for a total transaction of C$118,370.00. Following the completion of the acquisition, the director owned 3,000 shares of the company’s stock, valued at approximately C$355,110. This trade represents a 50.00% increase in their position. Also, insider Maeghan Dawn Albiston sold 5,690 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$125.00, for a total transaction of C$711,250.00. Insiders have sold 99,515 shares of company stock worth $12,279,066 in the last ninety days. Company insiders own 0.03% of the company’s stock.

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.