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

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have earned a consensus recommendation of “Moderate Buy” from the fourteen analysts that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$134.36.

CP has been the topic of a number of recent analyst reports. Stephens upgraded Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 8th. Citizens Jmp raised shares of Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 15th. Royal Bank Of Canada raised their price target on shares of Canadian Pacific Kansas City from C$139.00 to C$145.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Desjardins lifted their price target on shares of Canadian Pacific Kansas City from C$141.00 to C$143.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, National Bank Financial upped their price objective on shares of Canadian Pacific Kansas City from C$132.00 to C$140.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th.

Insider Activity

In related news, insider John Kenneth Brooks sold 65,130 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total transaction of C$7,961,491.20. Also, insider Maeghan Dawn Albiston sold 3,645 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of C$126.61, for a total value of C$461,493.45. In the last quarter, insiders have sold 124,145 shares of company stock valued at $15,606,086. 0.03% of the stock is currently owned by insiders.

Canadian Pacific Kansas City Trading Up 1.7%

Shares of CP stock opened at C$133.08 on Tuesday. Canadian Pacific Kansas City has a fifty-two week low of C$96.50 and a fifty-two week high of C$133.38. The stock’s fifty day moving average price is C$126.75 and its two-hundred day moving average price is C$119.36. The company has a debt-to-equity ratio of 53.93, a quick ratio of 0.42 and a current ratio of 0.59. The company has a market cap of C$116.99 billion, a PE ratio of 30.95, a P/E/G ratio of 2.32 and a beta of 1.28.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results on Wednesday, July 29th. The company reported C$1.27 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%.The company had revenue of C$4.16 billion during the quarter. Equities analysts predict that Canadian Pacific Kansas City will post 4.3438583 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 27th were given a $0.268 dividend. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. This represents a $1.07 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, June 26th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 22.14%.

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.