Stocks of Canadian Pacific Kansas City Limited (NYSE:CP) traded higher last session on Wall Street, up 0.09% to $69.80.
According to the data, Canadian Pacific Kansas City Limited (NYSE:CP) has 33 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $164.11 and a low of $107.77, we find $118.72. Given the previous closing price of $69.74, this indicates a potential upside of 70.23 percent. CP stock price is now -7.92% away from the 50-day moving average and -10.48% away from the 200-day moving average. The market capitalization of the company currently stands at $65.02B.
A total of 9 analysts have issued a hold rating and 22 have given it a buy rating. Brokers who have rated the stock have averaged $123.58 as their price target over the next twelve months.
A total of 0.02% 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 TD ASSET MANAGEMENT INC during the first quarter worth $1,005,643,000. ALLEN INVESTMENT MANAGEMENT LLC invested $292,719,000 in shares of CP during the first quarter. In the first quarter, ENVESTNET ASSET MANAGEMENT INC acquired a new stake in Canadian Pacific Kansas City Limited valued at approximately $71,357,000. TRIASIMA PORTFOLIO MANAGEMENT INC. acquired a new stake in CP for approximately $57,348,000. PICTET ASSET MANAGEMENT SA purchased a new stake in CP valued at around $48,269,000 in the second quarter. In total, there are 1,257 active investors with 75.37% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $70.50 for Canadian Pacific Kansas City Limited (NYSE: CP). During the past 12 months, Canadian Pacific Kansas City Limited has had a low of $68.92 and a high of $85.40. As of last week, the company has a debt-to-equity ratio of 0.57, a current ratio of 0.70, and a quick ratio of 0.61. According to the stock market information, the enterprise value for the company is $81.70B, which is based on a 21.05 price-to-earnings ratio, a 1.68 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for CP is $75.63 and a two-hundred day moving average price translates $77.94 for the stock.
The latest earnings results from Canadian Pacific Kansas City Limited (NYSE: CP) was released for Sep, 2023. According to the Railroads Company, earnings per share came in at $0.61, missing analysts’ expectations of $0.7 by -0.09. This compares to $0.64 EPS in the same period last year. The net profit margin was 37.10% and return on equity was 10.66% for CP. The company reported revenue of $2.36 billion for the quarter, compared to $1.72 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.91 percent. For the current quarter, analysts expect CP to generate $2.46B in revenue.
In terms of dividend payout ratio, CP is presently at 20.10%.
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.
