Canadian Pacific Kansas City (TSE:CP) Insider Sells C$1,536,902.85 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider John Kenneth Brooks sold 14,845 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of C$103.53, for a total transaction of C$1,536,902.85.

Canadian Pacific Kansas City Trading Up 0.2%

TSE:CP traded up C$0.26 during mid-day trading on Friday, reaching C$114.10. 1,222,454 shares of the company’s stock traded hands, compared to its average volume of 1,865,318. The company has a 50 day moving average price of C$102.70 and a 200-day moving average price of C$103.02. The firm has a market capitalization of C$102.43 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 2.32 and a beta of 0.88. The company has a debt-to-equity ratio of 49.64, a current ratio of 0.53 and a quick ratio of 0.42. Canadian Pacific Kansas City Limited has a 12-month low of C$94.60 and a 12-month high of C$115.54.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings data on Wednesday, January 28th. The company reported C$1.33 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.22%. The business had revenue of C$3.92 billion for the quarter. On average, sell-side analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on CP shares. Natl Bk Canada lowered Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 8th. National Bank Financial cut their target price on shares of Canadian Pacific Kansas City from C$124.00 to C$119.00 and set a “sector perform” rating for the company in a research report on Thursday, January 8th. JPMorgan Chase & Co. decreased their price target on shares of Canadian Pacific Kansas City from C$137.00 to C$124.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Canadian Imperial Bank of Commerce upped their price objective on Canadian Pacific Kansas City from C$122.00 to C$123.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Finally, TD Securities cut their price target on Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating for the company in a report on Thursday, January 29th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$118.62.

About Canadian Pacific Kansas City

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.