Canadian Pacific Kansas City Limited (TSE:CP) Receives C$120.25 Average PT from Analysts

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has earned a consensus rating of “Moderate Buy” from the thirteen research firms that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$120.88.

Several analysts recently issued reports on the stock. Scotiabank lowered shares of Canadian Pacific Kansas City from an “outperform” rating to a “sector perform” rating and boosted their target price for the company from C$120.00 to C$126.00 in a research report on Monday, March 25th. Royal Bank of Canada boosted their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$133.00 in a research report on Monday, April 1st. Sanford C. Bernstein boosted their target price on shares of Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a “hold” rating in a research report on Monday, April 15th. National Bankshares boosted their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$121.00 in a research report on Thursday, April 4th. Finally, Desjardins boosted their target price on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the company a “buy” rating in a research report on Friday, April 12th.

Insider Transactions at Canadian Pacific Kansas City

In other news, Senior Officer Keith E. Creel sold 59,925 shares of Canadian Pacific Kansas City stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. In related news, Senior Officer John Kenneth Brooks sold 27,505 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of C$86.33, for a total transaction of C$2,374,638.67. Also, Senior Officer Keith E. Creel sold 59,925 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of C$119.53, for a total transaction of C$7,162,691.43. Insiders have sold a total of 97,758 shares of company stock worth $10,774,715 in the last quarter. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Trading Up 1.7 %

Shares of TSE CP opened at C$118.41 on Friday. Canadian Pacific Kansas City has a 1 year low of C$94.45 and a 1 year high of C$123.37. The stock has a market cap of C$110.42 billion, a P/E ratio of 28.13, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75. The firm has a 50-day moving average of C$118.28 and a 200 day moving average of C$107.90. The company has a debt-to-equity ratio of 53.85, a current ratio of 0.53 and a quick ratio of 0.42.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings results on Tuesday, January 30th. The company reported C$1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.12 by C$0.06. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. The company had revenue of C$3.78 billion during the quarter, compared to analysts’ expectations of C$3.66 billion. As a group, sell-side analysts expect that Canadian Pacific Kansas City will post 4.3266423 EPS for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.76 annualized dividend and a dividend yield of 0.64%. Canadian Pacific Kansas City’s dividend payout ratio is presently 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.