Equities analysts expect that Canadian Pacific Railway Limited (NYSE:CP) (TSE:CP) will post $1.34 billion in sales for the current quarter, according to Zacks. Eight analysts have made estimates for Canadian Pacific Railway’s earnings, with the lowest sales estimate coming in at $1.25 billion and the highest estimate coming in at $1.39 billion. Canadian Pacific Railway posted sales of $1.23 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 8.9%. The company is scheduled to announce its next quarterly earnings report on Wednesday, January 17th.

According to Zacks, analysts expect that Canadian Pacific Railway will report full-year sales of $1.34 billion for the current year, with estimates ranging from $5.14 billion to $5.35 billion. For the next year, analysts anticipate that the firm will post sales of $5.43 billion per share, with estimates ranging from $5.29 billion to $5.54 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that cover Canadian Pacific Railway.

CP has been the topic of a number of analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $184.00 target price on shares of Canadian Pacific Railway in a report on Thursday, September 21st. BMO Capital Markets reiterated a “buy” rating and set a $238.00 target price on shares of Canadian Pacific Railway in a report on Wednesday, October 18th. Loop Capital upgraded Canadian Pacific Railway from a “hold” rating to a “buy” rating in a report on Thursday, August 24th. They noted that the move was a valuation call. Deutsche Bank initiated coverage on Canadian Pacific Railway in a report on Wednesday, November 1st. They set a “buy” rating and a $209.00 target price on the stock. Finally, Argus increased their target price on Canadian Pacific Railway from $180.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $191.19.

Shares of Canadian Pacific Railway (NYSE CP) opened at $178.01 on Tuesday. The company has a market capitalization of $25,970.00, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 1.71 and a beta of 1.20. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.33. Canadian Pacific Railway has a fifty-two week low of $141.32 and a fifty-two week high of $180.44.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 29th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, December 28th. Canadian Pacific Railway’s dividend payout ratio (DPR) is 18.27%.

Several hedge funds have recently bought and sold shares of CP. Captrust Financial Advisors acquired a new stake in shares of Canadian Pacific Railway during the second quarter worth $130,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Canadian Pacific Railway by 23.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 876 shares of the transportation company’s stock worth $141,000 after buying an additional 167 shares during the period. Parallel Advisors LLC raised its position in shares of Canadian Pacific Railway by 13.0% in the 2nd quarter. Parallel Advisors LLC now owns 983 shares of the transportation company’s stock worth $154,000 after buying an additional 113 shares during the period. Boston Private Wealth LLC purchased a new position in shares of Canadian Pacific Railway in the 3rd quarter worth $203,000. Finally, FineMark National Bank & Trust purchased a new position in shares of Canadian Pacific Railway in the 3rd quarter worth $208,000. Institutional investors and hedge funds own 67.56% of the company’s stock.

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Canadian Pacific Railway Company Profile

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.

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Earnings History and Estimates for Canadian Pacific Railway (NYSE:CP)

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