Canadian Pacific Kansas City Limited (TSE:CP) Given Average Rating of “Moderate Buy” by Brokerages

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given a consensus recommendation of “Moderate Buy” by 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 assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is C$123.07.

CP has been the subject of several recent research reports. Royal Bank Of Canada reduced their price objective on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating for the company in a research report on Thursday, April 30th. TD lifted their price target on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the company a “hold” rating in a research note on Monday, April 13th. National Bank Financial lifted their price target on shares of Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the company an “outperform” rating in a research note on Wednesday, April 15th. Desjardins lifted their price target on shares of Canadian Pacific Kansas City from C$129.00 to C$131.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, BMO Capital Markets lifted their price target on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research note on Thursday, February 19th.

Canadian Pacific Kansas City Trading Down 0.8%

Shares of TSE CP opened at C$123.84 on Thursday. The company’s 50 day simple moving average is C$115.59 and its 200 day simple moving average is C$109.10. Canadian Pacific Kansas City has a fifty-two week low of C$96.50 and a fifty-two week high of C$126.95. The firm has a market capitalization of C$109.94 billion, a P/E ratio of 27.64, a P/E/G ratio of 2.32 and a beta of 1.18. The company has a debt-to-equity ratio of 52.35, a current ratio of 0.67 and a quick ratio of 0.42.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Wednesday, April 29th. The company reported C$1.04 EPS for the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. The business had revenue of C$3.70 billion during the quarter. On average, analysts predict that Canadian Pacific Kansas City will post 4.3438583 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 27th were issued a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.36%.

Insider Activity

In other news, insider Cassandra P. Quach sold 4,015 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of C$124.82, for a total value of C$501,152.30. Also, insider John Kenneth Brooks sold 65,130 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$122.24, for a total transaction of C$7,961,491.20. Insiders sold a total of 74,835 shares of company stock valued at $9,173,894 in the last 90 days. 0.03% of the stock is owned by company insiders.

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.