Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) will be releasing its earnings data after the market closes on Wednesday, April 24th. Analysts expect Canadian Pacific Kansas City to post earnings of C$0.97 per share for the quarter.
Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) last announced its earnings results on Tuesday, January 30th. The company reported C$1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.12 by C$0.06. The firm had revenue of C$3.78 billion for the quarter, compared to analysts’ expectations of C$3.66 billion. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%.
Canadian Pacific Kansas City Stock Down 1.2 %
Shares of TSE CP opened at C$116.44 on Wednesday. The firm’s 50-day moving average price is C$118.13 and its 200-day moving average price is C$107.44. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 53.85. The stock has a market capitalization of C$108.59 billion, a price-to-earnings ratio of 27.66, a P/E/G ratio of 2.32 and a beta of 0.75. Canadian Pacific Kansas City has a 12-month low of C$94.45 and a 12-month high of C$123.37.
Canadian Pacific Kansas City Announces Dividend
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on CP. Desjardins upped their target price on shares of Canadian Pacific Kansas City from C$118.00 to C$130.00 and gave the company a “buy” rating in a research report on Friday, April 12th. Sanford C. Bernstein upped their price target on shares of Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a “hold” rating in a report on Monday. JPMorgan Chase & Co. upped their price target on shares of Canadian Pacific Kansas City from C$116.00 to C$121.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. TD Securities upped their price target on shares of Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the company a “hold” rating in a report on Wednesday, January 31st. Finally, Barclays upped their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 in a report on Thursday, April 4th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and an average price target of C$120.25.
Read Our Latest Research Report on Canadian Pacific Kansas City
Insider Activity at Canadian Pacific Kansas City
In other news, Senior Officer Nadeem Velani sold 1,500 shares of Canadian Pacific Kansas City stock in a transaction dated Friday, March 8th. The shares were sold at an average price of C$122.15, for a total value of C$183,225.00. In other news, Senior Officer John Kenneth Brooks sold 27,505 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of C$86.33, for a total value of C$2,374,638.67. Also, Senior Officer Nadeem Velani sold 1,500 shares of Canadian Pacific Kansas City stock in a transaction dated Friday, March 8th. The stock was sold at an average price of C$122.15, for a total transaction of C$183,225.00. Over the last quarter, insiders have sold 97,758 shares of company stock worth $10,774,715. 0.03% of the stock is owned by company insiders.
Canadian Pacific Kansas City Company Profile
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.
Read More
- Five stocks we like better than Canadian Pacific Kansas City
- With Risk Tolerance, One Size Does Not Fit All
- Silicon Motion Proves That AI in Motion Stays in Motion
- Dividend Payout Ratio Calculator
- Undervalued UnitedHealth Group Won’t Be For Long
- How to Invest in Biotech Stocks
- The 5 Stocks Most Sold By Insiders This Year
Receive News & Ratings for Canadian Pacific Kansas City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Pacific Kansas City and related companies with MarketBeat.com's FREE daily email newsletter.