Canadian Pacific Kansas City Limited (TSE:CP) Receives Consensus Rating of “Moderate Buy” from Analysts

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been assigned a consensus rating of “Moderate Buy” from the eleven research firms that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$119.57.

CP has been the subject of several research analyst reports. National Bank Financial downgraded Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 8th. TD Securities cut their price target on Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating for the company in a report on Thursday, January 29th. Citigroup reduced their price objective on shares of Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Scotiabank upped their price objective on shares of Canadian Pacific Kansas City from C$119.00 to C$124.00 and gave the company an “outperform” rating in a report on Wednesday, January 21st. Finally, BMO Capital Markets increased their price objective on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th.

Canadian Pacific Kansas City Trading Down 0.2%

Shares of TSE:CP opened at C$107.60 on Friday. Canadian Pacific Kansas City has a 52-week low of C$94.60 and a 52-week high of C$122.25. The company has a debt-to-equity ratio of 50.54, a quick ratio of 0.42 and a current ratio of 0.49. The company has a market capitalization of C$96.62 billion, a P/E ratio of 23.86, a price-to-earnings-growth ratio of 2.32 and a beta of 1.14. The company has a 50-day simple moving average of C$109.22 and a 200 day simple moving average of C$104.99.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings results on Wednesday, January 28th. The company reported C$1.33 earnings per share for the quarter. The firm had revenue of C$3.92 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.90% and a net margin of 27.46%. Sell-side analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, April 27th will be paid a $0.228 dividend. The ex-dividend date is Friday, March 27th. This represents a $0.91 dividend on an annualized basis and a yield of 0.8%. Canadian Pacific Kansas City’s dividend payout ratio is 19.38%.

Insider Buying and Selling at Canadian Pacific Kansas City

In other news, insider John Kenneth Brooks sold 14,845 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of C$103.53, for a total transaction of C$1,536,902.85. Also, Director Marc Parent bought 13,000 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was purchased at an average cost of C$102.00 per share, for a total transaction of C$1,326,000.00. Following the transaction, the director directly owned 13,933 shares of the company’s stock, valued at C$1,421,166. The trade was a 1,393.35% increase in their position. Insiders own 0.03% of the company’s stock.

About Canadian Pacific Kansas City

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.