Canadian Pacific Kansas City Limited (TSE:CP) Stock Has Average Price Target of C$139.41

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given a consensus rating of “Moderate Buy” by the sixteen research firms that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$139.41.

A number of brokerages recently commented on CP. Stifel Nicolaus set a C$150.00 target price on Canadian Pacific Kansas City and gave the company a “buy” rating in a research report on Tuesday, October 27th. Royal Bank Of Canada boosted their price target on shares of Canadian Pacific Kansas City from C$145.00 to C$146.00 and gave the company an “outperform” rating in a research note on Thursday, September 24th. National Bank Financial upped their price objective on shares of Canadian Pacific Kansas City from C$140.00 to C$142.00 and gave the stock an “outperform” rating in a report on Thursday, October 29th. Scotiabank upped their price objective on shares of Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 16th. Finally, Scotia lifted their target price on Canadian Pacific Kansas City from C$143.00 to C$144.00 and gave the company an “outperform” rating in a research report on Thursday, October 29th.

Canadian Pacific Kansas City Stock Down 0.1%

Shares of TSE CP opened at C$127.72 on Friday. The firm has a market cap of C$111.06 billion, a PE ratio of 29.50, a price-to-earnings-growth ratio of 2.32 and a beta of 1.33. The company has a 50 day simple moving average of C$124.28 and a 200 day simple moving average of C$119.60. The company has a debt-to-equity ratio of 56.46, a current ratio of 0.52 and a quick ratio of 0.42. Canadian Pacific Kansas City has a 1 year low of C$96.50 and a 1 year high of C$133.38.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, October 28th. The company reported C$1.28 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 24.14% and a return on equity of 8.37%. The business had revenue of C$4.22 billion during the quarter. On average, research analysts forecast that Canadian Pacific Kansas City will post 4.34 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Shareholders of record on Monday, October 26th were issued a dividend of $0.2680 per share. This represents a $1.07 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, September 25th. Canadian Pacific Kansas City’s payout ratio is currently 22.91%.

Insiders Place Their Bets

In other Canadian Pacific Kansas City news, insider Pamela Lynne Arpin sold 1,385 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of C$132.92, for a total value of C$184,094.20. Following the completion of the transaction, the insider owned 4,578 shares in the company, valued at C$608,507.76. This represents a 23.23% decrease in their position. Also, insider Mark Ashley Redd sold 52,000 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of C$134.50, for a total value of C$6,994,000.00. Following the completion of the transaction, the insider owned 2,199 shares of the company’s stock, valued at C$295,765.50. This trade represents a 95.94% decrease in their position. In the last ninety days, insiders sold 78,015 shares of company stock valued at $10,505,115. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Company Profile

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.