The stock of Canadian Pacific Kansas City Limited (NYSE:CP) last traded at $82.24, up 0.99% from the previous session.
Data from the available sources indicates that Canadian Pacific Kansas City Limited (NYSE:CP) is covered by 32 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $160.95 and a low of $104.06, we find $117.67. Given the previous closing price of $81.43, this indicates a potential upside of 44.5 percent. CP stock price is now 3.60% away from the 50-day moving average and 6.33% away from the 200-day moving average. The market capitalization of the company currently stands at $99.77B.
In total, 9 analysts have assigned it a hold rating, and 20 have given it a buy rating. Brokers who have rated the stock have averaged $119.46 as their price target over the next twelve months.
With the price target maintained at $92, Argus recently Upgraded its rating from Hold to Buy for Canadian Pacific Kansas City Limited (NYSE: CP).
A total of 0.03% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CP stock. A new stake in Canadian Pacific Kansas City Limited shares was purchased by ROTHSCHILD & CO WEALTH MANAGEMENT UK LTD during the first quarter worth $195,482,000. SKYE GLOBAL MANAGEMENT LP invested $94,740,000 in shares of CP during the first quarter. In the first quarter, PUTNAM INVESTMENTS LLC acquired a new stake in Canadian Pacific Kansas City Limited valued at approximately $92,054,000. CANOE FINANCIAL LP acquired a new stake in CP for approximately $74,134,000. VALUE PARTNERS INVESTMENTS INC. purchased a new stake in CP valued at around $29,248,000 in the second quarter. In total, there are 1,284 active investors with 69.50% ownership of the company’s stock.
With an opening price of $81.43 on Monday morning, Canadian Pacific Kansas City Limited (NYSE: CP) set off the trading day. During the past 12 months, Canadian Pacific Kansas City Limited has had a low of $65.17 and a high of $83.44. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 0.70, and a quick ratio of 0.60. According to the stock market information, the enterprise value for the company is $90.51B, which is based on a 20.59 price-to-earnings ratio, a 1.54 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for CP is $79.40 and a two-hundred day moving average price translates $77.40 for the stock.
The latest earnings results from Canadian Pacific Kansas City Limited (NYSE: CP) was released for Mar, 2023. According to the Railroads Company, earnings per share came in at $0.68, missing analysts’ expectations of $0.71 by -0.03. This compares to $0.50 EPS in the same period last year. The net profit margin was 40.30% and return on equity was 9.80% for CP. The company reported revenue of $1.68 billion for the quarter, compared to $1.45 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.42 percent. For the current quarter, analysts expect CP to generate $2.48B in revenue.
In terms of dividend payout ratio, CP is presently at 19.00%.
Canadian Pacific Kansas City Limited(CP) Company Profile
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight, such as energy, chemicals and plastics, metals, minerals and consumer, automotive, and forest products. It transports intermodal traffic comprising retail goods in overseas containers. The company offers rail and intermodal transportation services through a network of approximately 13,000 miles serving business centers in Quebec and British Columbia, Canada; and the United States Northeast and Midwest regions. Canadian Pacific Kansas City Limited is headquartered in Calgary, Canada.
