Canadian Pacific Kansas City Limited (TSE:CP) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have been assigned a consensus recommendation of “Moderate Buy” from the fourteen research firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$130.43.

Several research analysts recently issued reports on the stock. Sanford C. Bernstein upped their price target on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st. National Bank Financial raised their price objective on shares of Canadian Pacific Kansas City from C$125.00 to C$132.00 and gave the company an “outperform” rating in a research report on Friday, June 26th. Scotiabank raised their price objective on shares of Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 16th. Raymond James Financial boosted their target price on shares of Canadian Pacific Kansas City from C$125.00 to C$140.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Finally, Citizens Jmp upgraded shares of Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 15th.

Canadian Pacific Kansas City Price Performance

Canadian Pacific Kansas City stock opened at C$130.06 on Friday. The company has a debt-to-equity ratio of 52.35, a quick ratio of 0.42 and a current ratio of 0.67. The firm has a market cap of C$115.46 billion, a P/E ratio of 29.03, a P/E/G ratio of 2.32 and a beta of 1.28. The business’s fifty day moving average is C$124.31 and its two-hundred day moving average is C$115.25. Canadian Pacific Kansas City has a 52 week low of C$96.50 and a 52 week high of C$131.89.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its earnings results on Wednesday, April 29th. The company reported C$1.04 EPS for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%.The company had revenue of C$3.70 billion for the quarter. Equities research analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 27th will be given a $0.268 dividend. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, June 26th. This represents a $1.07 annualized dividend and a yield of 0.8%. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.36%.

Insider Activity

In other Canadian Pacific Kansas City news, insider Maeghan Dawn Albiston sold 5,690 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$125.00, for a total transaction of C$711,250.00. Also, insider Cassandra P. Quach sold 4,015 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$124.82, for a total value of C$501,152.30. In the last 90 days, insiders have sold 99,515 shares of company stock worth $12,279,066. 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.