Canadian Pacific Kansas City Limited (NYSE:CP) Receives $92.00 Consensus Price Target from Analysts

Shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) have been given an average recommendation of “Moderate Buy” by the fourteen brokerages that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $92.00.

A number of research firms recently weighed in on CP. Barclays set a $93.00 price target on shares of Canadian Pacific Kansas City in a research report on Thursday, January 29th. Evercore decreased their price objective on shares of Canadian Pacific Kansas City from $87.00 to $85.00 and set an “outperform” rating for the company in a research note on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $124.00 target price (down from $127.00) on shares of Canadian Pacific Kansas City in a research report on Thursday, January 29th. Citigroup cut their target price on Canadian Pacific Kansas City from $88.00 to $86.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Canadian Pacific Kansas City in a report on Wednesday, January 21st.

Canadian Pacific Kansas City Trading Down 0.3%

NYSE CP opened at $79.19 on Friday. The company has a current ratio of 0.49, a quick ratio of 0.41 and a debt-to-equity ratio of 0.43. The business has a fifty day simple moving average of $80.13 and a 200 day simple moving average of $75.97. Canadian Pacific Kansas City has a 12 month low of $66.49 and a 12 month high of $89.42. The firm has a market capitalization of $71.10 billion, a P/E ratio of 24.52, a PEG ratio of 1.62 and a beta of 1.06.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings data on Wednesday, January 28th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). Canadian Pacific Kansas City had a return on equity of 8.91% and a net margin of 27.49%.The firm had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.85 billion. During the same period in the prior year, the firm earned $1.29 earnings per share. Canadian Pacific Kansas City’s revenue was up 1.3% compared to the same quarter last year. On average, analysts predict that Canadian Pacific Kansas City will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Friday, March 27th will be given a $0.228 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.91 annualized dividend and a yield of 1.2%. Canadian Pacific Kansas City’s payout ratio is currently 20.43%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CP. Prosperity Bancshares Inc purchased a new stake in shares of Canadian Pacific Kansas City during the 4th quarter valued at $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Canadian Pacific Kansas City in the 2nd quarter worth about $27,000. Gilpin Wealth Management LLC bought a new position in Canadian Pacific Kansas City during the fourth quarter valued at about $29,000. Caldwell Trust Co bought a new position in Canadian Pacific Kansas City during the third quarter valued at about $30,000. Finally, McMillan Office Inc. purchased a new stake in Canadian Pacific Kansas City during the fourth quarter worth about $31,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.