Shares of Canadian Pacific Kansas City Limited (NYSE:CP – Get Free Report) (TSE:CP) have earned an average rating of “Moderate Buy” from the seventeen research firms that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $112.58.
Several research analysts have recently commented on the company. Zacks Research lowered Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 26th. Stephens dropped their price target on Canadian Pacific Kansas City from $96.00 to $93.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 29th. Royal Bank Of Canada restated an “outperform” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, September 24th. Evercore restated an “outperform” rating and set a $96.00 price objective on shares of Canadian Pacific Kansas City in a research note on Thursday, October 29th. Finally, Weiss Ratings downgraded shares of Canadian Pacific Kansas City from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, October 29th.
Canadian Pacific Kansas City Price Performance
CP stock opened at $94.46 on Friday. The company has a market capitalization of $82.22 billion, a PE ratio of 25.77, a P/E/G ratio of 1.93 and a beta of 1.06. The stock’s 50 day moving average is $88.58 and its two-hundred day moving average is $86.21. The company has a quick ratio of 0.44, a current ratio of 0.52 and a debt-to-equity ratio of 0.48. Canadian Pacific Kansas City has a 52-week low of $68.42 and a 52-week high of $96.90.
Canadian Pacific Kansas City (NYSE:CP – Get Free Report) (TSE:CP) last posted its quarterly earnings data on Wednesday, October 28th. The transportation company reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.03). Canadian Pacific Kansas City had a net margin of 24.14% and a return on equity of 9.27%. The company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter last year, the company earned $1.10 earnings per share. The company’s revenue was up 15.2% compared to the same quarter last year. Analysts predict that Canadian Pacific Kansas City will post 3.67 earnings per share for the current fiscal year.
Canadian Pacific Kansas City Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, January 25th. Stockholders of record on Thursday, December 31st will be given a C$0.27 dividend. This represents a $1.07 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, December 31st. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 24.68%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of CP. GAMMA Investing LLC grew its position in Canadian Pacific Kansas City by 3.8% in the 2nd quarter. GAMMA Investing LLC now owns 3,511 shares of the transportation company’s stock valued at $304,000 after buying an additional 130 shares in the last quarter. First Eagle Investment Management LLC raised its position in shares of Canadian Pacific Kansas City by 4.0% during the 2nd quarter. First Eagle Investment Management LLC now owns 3,516 shares of the transportation company’s stock worth $305,000 after buying an additional 134 shares in the last quarter. Foster Group Inc. raised its position in shares of Canadian Pacific Kansas City by 3.3% during the 2nd quarter. Foster Group Inc. now owns 4,279 shares of the transportation company’s stock worth $371,000 after buying an additional 137 shares in the last quarter. MGO One Seven LLC lifted its stake in shares of Canadian Pacific Kansas City by 1.4% in the 3rd quarter. MGO One Seven LLC now owns 10,376 shares of the transportation company’s stock worth $883,000 after acquiring an additional 141 shares during the period. Finally, Modern Wealth Management LLC lifted its stake in shares of Canadian Pacific Kansas City by 1.2% in the 1st quarter. Modern Wealth Management LLC now owns 12,170 shares of the transportation company’s stock worth $950,000 after acquiring an additional 142 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.
About Canadian Pacific Kansas City
Canadian Pacific Kansas City Limited (NYSE: CP) is a North American transportation company that operates Canadian Pacific Kansas City (CPKC), a Class I freight railway. The company was created in 2023 through the combination of Canadian Pacific and Kansas City Southern, forming the first single-line railroad connecting Canada, the United States and Mexico.
CPKC transports a broad range of freight, including grain and fertilizers, coal, forest products, automotive goods, energy and chemicals, industrial and consumer products, and intermodal shipments.
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