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 given a consensus rating of “Moderate Buy” by the twelve ratings firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$125.86.

Several analysts have recently issued reports on the stock. Raymond James Financial upped their target price on shares of Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada upped their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$139.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. TD upped their target price on shares of Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research note on Monday, April 13th. Sanford C. Bernstein upped their target price on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research note on Tuesday, March 31st. Finally, ATB Cormark Capital Markets upped their target price on shares of Canadian Pacific Kansas City from C$127.00 to C$130.00 and gave the stock a “moderate buy” rating in a research note on Friday, April 17th.

Canadian Pacific Kansas City Stock Performance

Shares of CP stock opened at C$124.43 on Monday. The firm has a market capitalization of C$110.46 billion, a PE ratio of 27.77, a price-to-earnings-growth ratio of 2.32 and a beta of 1.29. The firm has a fifty day simple moving average of C$120.04 and a two-hundred day simple moving average of C$111.90. The company has a current ratio of 0.67, a quick ratio of 0.42 and a debt-to-equity ratio of 52.35. Canadian Pacific Kansas City has a 12 month low of C$96.50 and a 12 month high of C$127.50.

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

Canadian Pacific Kansas City Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 27th will be paid a $0.268 dividend. This represents a $1.07 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, June 26th. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.36%.

Insider Transactions at Canadian Pacific Kansas City

In related news, insider James Dominic Luther Clements sold 21,035 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of C$125.68, for a total transaction of C$2,643,678.80. Also, insider John Kenneth Brooks sold 65,130 shares of the 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. Over 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 insiders.

Canadian Pacific Kansas City Company Profile

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.