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

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) have earned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is C$119.57.

Several brokerages recently commented on CP. TD Securities reduced their target price on shares of Canadian Pacific Kansas City from C$116.00 to C$112.00 and set a “hold” rating for the company in a report on Thursday, January 29th. BMO Capital Markets boosted their price target on shares of Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research report on Thursday, February 19th. Royal Bank Of Canada reduced their price objective on shares of Canadian Pacific Kansas City from C$127.00 to C$124.00 and set an “outperform” rating for the company in a research note on Thursday, January 29th. Desjardins set a C$130.00 price objective on Canadian Pacific Kansas City and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Scotiabank lifted their target price on Canadian Pacific Kansas City from C$119.00 to C$124.00 and gave the company an “outperform” rating in a research report on Wednesday, January 21st.

Insider Transactions at Canadian Pacific Kansas City

In other news, Director Marc Parent bought 13,000 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was acquired 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 C$1,421,166. This represents a 1,393.35% increase in their ownership of the stock. Also, insider John Kenneth Brooks sold 14,845 shares of the business’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of C$103.53, for a total transaction of C$1,536,902.85. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Down 0.2%

Shares of Canadian Pacific Kansas City stock opened at C$107.60 on Friday. The firm has a market cap of C$96.62 billion, a PE ratio of 23.86, a P/E/G ratio of 2.32 and a beta of 1.14. The business’s 50 day simple moving average is C$109.22 and its 200 day simple moving average is C$104.99. The company has a debt-to-equity ratio of 50.54, a quick ratio of 0.42 and a current ratio of 0.49. Canadian Pacific Kansas City has a 52-week low of C$94.60 and a 52-week high of C$122.25.

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 27.46% and a return on equity of 8.90%. The company had revenue of C$3.92 billion during the quarter. On average, analysts predict that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, April 27th will be paid a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 19.38%.

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.