Canadian Pacific Kansas City Limited (TSE:CP – Get Free Report) (NYSE:CP) insider Mark Ashley Redd sold 52,000 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of C$134.50, for a total value of C$6,994,000.00. Following the completion of the transaction, the insider owned 2,199 shares of the company’s stock, valued at approximately C$295,765.50. The trade was a 95.94% decrease in their ownership of the stock.
Canadian Pacific Kansas City Stock Down 1.0%
TSE:CP opened at C$130.14 on Friday. The firm has a market capitalization of C$114.40 billion, a PE ratio of 30.27, a price-to-earnings-growth ratio of 2.32 and a beta of 1.28. The stock has a 50 day moving average of C$127.37 and a 200-day moving average of C$120.12. Canadian Pacific Kansas City Limited has a 52 week low of C$96.50 and a 52 week high of C$133.38. The company has a current ratio of 0.59, a quick ratio of 0.42 and a debt-to-equity ratio of 53.93.
Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$1.27 earnings per share (EPS) for the quarter. The business had revenue of C$4.16 billion for the quarter. Canadian Pacific Kansas City had a return on equity of 8.35% and a net margin of 25.04%. Analysts predict that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.
Canadian Pacific Kansas City Increases Dividend
Wall Street Analyst Weigh In
CP has been the subject of several analyst reports. Raymond James Financial boosted their price target on shares of Canadian Pacific Kansas City from C$140.00 to C$144.00 and gave the company an “outperform” rating in a report on Thursday, July 30th. Citizens Jmp raised shares of Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 15th. Barclays lifted their price objective on shares of Canadian Pacific Kansas City from C$135.00 to C$145.00 in a research report on Friday, June 26th. ATB Cormark Capital Markets boosted their target price on shares of Canadian Pacific Kansas City from C$137.00 to C$143.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada boosted their target price on shares of Canadian Pacific Kansas City from C$139.00 to C$145.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$134.36.
View Our Latest Stock Report on Canadian Pacific Kansas City
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.
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