Cassandra Quach Sells 4,135 Shares of Canadian Pacific Kansas City (TSE:CP) Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Cassandra Quach sold 4,135 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of C$102.35, for a total value of C$423,217.25.

Canadian Pacific Kansas City Stock Down 0.1%

TSE:CP opened at C$99.77 on Monday. The stock has a 50-day simple moving average of C$100.81 and a 200 day simple moving average of C$103.12. Canadian Pacific Kansas City Limited has a 52-week low of C$94.60 and a 52-week high of C$118.80. The company has a market cap of C$89.88 billion, a PE ratio of 21.69, a PEG ratio of 2.32 and a beta of 0.88. The company has a debt-to-equity ratio of 49.64, a quick ratio of 0.42 and a current ratio of 0.53.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, October 29th. The company reported C$1.10 EPS for the quarter. The firm had revenue of C$3.66 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.22% and a net margin of 24.50%. On average, sell-side analysts expect that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Sanford C. Bernstein decreased their target price on shares of Canadian Pacific Kansas City from C$121.00 to C$114.00 in a research report on Tuesday, November 11th. Natl Bk Canada cut shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 8th. National Bankshares decreased their price objective on shares of Canadian Pacific Kansas City from C$124.00 to C$119.00 and set a “sector perform” rating for the company in a research report on Thursday, January 8th. JPMorgan Chase & Co. dropped their target price on shares of Canadian Pacific Kansas City from C$137.00 to C$124.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, Scotiabank raised their target price on shares of Canadian Pacific Kansas City from C$119.00 to C$124.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$120.23.

About Canadian Pacific Kansas City

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.