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

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given an average rating of “Moderate Buy” by the eleven analysts that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have issued a 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$119.57.

A number of research firms have recently weighed in on CP. Desjardins set a C$130.00 price objective on Canadian Pacific Kansas City and gave the company a “buy” rating in a research report on Thursday, January 29th. BMO Capital Markets lifted their target price on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research note on Thursday, February 19th. Citigroup dropped their target price 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 report on Thursday, January 29th. TD Securities decreased their price target on Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating on the stock in a report on Thursday, January 29th. Finally, Sanford C. Bernstein lowered their price objective on Canadian Pacific Kansas City from C$121.00 to C$114.00 in a research report on Tuesday, November 11th.

Canadian Pacific Kansas City Stock Performance

Shares of TSE CP opened at C$116.15 on Tuesday. Canadian Pacific Kansas City has a 12-month low of C$94.60 and a 12-month high of C$117.42. The firm has a market capitalization of C$104.27 billion, a price-to-earnings ratio of 25.75, a price-to-earnings-growth ratio of 2.32 and a beta of 0.88. The company has a current ratio of 0.53, a quick ratio of 0.42 and a debt-to-equity ratio of 49.64. The firm has a 50 day moving average of C$104.21 and a 200 day moving average of C$103.54.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its quarterly earnings results on Wednesday, January 28th. The company reported C$1.33 earnings per share for the quarter. Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.22%. The business had revenue of C$3.92 billion for the quarter. On average, research analysts anticipate that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Marc Parent bought 13,000 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was bought at an average cost of C$102.00 per share, with a total value of C$1,326,000.00. Following the completion of the purchase, the director owned 13,933 shares of the company’s stock, valued at approximately C$1,421,166. The trade was a 1,393.35% increase in their position. Also, insider Cassandra P. Quach sold 4,135 shares of Canadian Pacific Kansas City stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$102.35, for a total transaction of C$423,217.25. 0.03% of the stock is owned by insiders.

Canadian Pacific Kansas City Company Profile

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.