Canadian Pacific Kansas City Limited (TSE:CP) Given Consensus Rating of “Moderate Buy” by Analysts

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been given an average rating of “Moderate Buy” by the fourteen ratings firms that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$130.43.

Several brokerages have weighed in on CP. BMO Capital Markets upped their target price on Canadian Pacific Kansas City from C$132.00 to C$142.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. Raymond James Financial lifted their price target on Canadian Pacific Kansas City from C$125.00 to C$140.00 and gave the company an “outperform” rating in a report on Tuesday, July 14th. Desjardins boosted their price target on Canadian Pacific Kansas City from C$131.00 to C$141.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Royal Bank Of Canada increased their price objective on Canadian Pacific Kansas City from C$127.00 to C$139.00 and gave the stock an “outperform” rating in a report on Wednesday, June 24th. Finally, Sanford C. Bernstein raised their price objective on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a research report on Tuesday, March 31st.

Insider Buying and Selling at Canadian Pacific Kansas City

In related news, insider Maeghan Dawn Albiston sold 5,690 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$125.00, for a total value of C$711,250.00. Also, Director Katharine Berghuis Stevenson bought 1,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were acquired at an average cost of C$118.37 per share, for a total transaction of C$118,370.00. Following the completion of the transaction, the director directly owned 3,000 shares of the company’s stock, valued at approximately C$355,110. The trade was a 50.00% increase in their ownership of the stock. Insiders have sold 99,515 shares of company stock worth $12,279,066 in the last ninety days. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Stock Up 0.2%

CP stock opened at C$129.43 on Friday. The company has a 50 day moving average of C$125.04 and a two-hundred day moving average of C$115.88. The company has a market cap of C$114.90 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 2.32 and a beta of 1.28. Canadian Pacific Kansas City has a 12-month low of C$96.50 and a 12-month high of C$131.89. The company has a quick ratio of 0.42, a current ratio of 0.67 and a debt-to-equity ratio of 52.35.

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

Canadian Pacific Kansas City Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 27th were paid a dividend of $0.268 per share. This is a positive change from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. The ex-dividend date was Friday, June 26th. This represents a $1.07 annualized dividend and a dividend yield of 0.8%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.36%.

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.