Canadian Pacific Kansas City (TSE:CP) Insider Sells C$423,217.25 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Cassandra Quach sold 4,135 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of C$102.35, for a total transaction of C$423,217.25.

Canadian Pacific Kansas City Stock Performance

Shares of TSE CP opened at C$99.48 on Tuesday. Canadian Pacific Kansas City Limited has a 12-month low of C$94.60 and a 12-month high of C$118.80. The company has a market cap of C$89.61 billion, a PE ratio of 21.63, a P/E/G ratio of 2.32 and a beta of 0.88. The stock has a 50 day simple moving average of C$100.82 and a 200-day simple moving average of C$103.03. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 49.64.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its earnings results on Wednesday, October 29th. The company reported C$1.10 earnings per share for the quarter. The firm had revenue of C$3.66 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.22% and a net margin of 24.50%. On average, equities research analysts forecast that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. JPMorgan Chase & Co. dropped 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. National Bankshares dropped their target price on Canadian Pacific Kansas City from C$124.00 to C$119.00 and set a “sector perform” rating on the stock in a report on Thursday, January 8th. Royal Bank Of Canada upped their target price on Canadian Pacific Kansas City from C$129.00 to C$137.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Natl Bk Canada cut Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. Finally, TD Securities cut their price objective on Canadian Pacific Kansas City from C$119.00 to C$116.00 in a report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and a consensus target price of C$120.23.

Canadian Pacific Kansas City Company Profile

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.