Canadian Pacific Kansas City Limited (TSE:CP) Stock Has Consensus Price Target of C$134.43

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) has been assigned a consensus rating of “Moderate Buy” from the fourteen brokerages that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$134.43.

Several research analysts recently commented on the stock. Citizens Jmp raised shares of Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 15th. 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 report on Thursday, July 30th. Royal Bank Of Canada boosted their target price on shares of Canadian Pacific Kansas City from C$145.00 to C$146.00 and gave the company an “outperform” rating in a report on Thursday, September 24th. Stephens upgraded Canadian Pacific Kansas City to a “hold” rating in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. increased their target price on Canadian Pacific Kansas City from C$135.00 to C$153.00 in a research report on Thursday, July 30th.

Insider Activity at Canadian Pacific Kansas City

In related news, insider Pamela Lynne Arpin sold 1,385 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of C$132.92, for a total transaction of C$184,094.20. Following the sale, the insider directly owned 4,578 shares in the company, valued at approximately C$608,507.76. The trade was a 23.23% decrease in their position. Also, insider Mark Ashley Redd sold 52,000 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of C$134.50, for a total value of C$6,994,000.00. Following the sale, the insider directly owned 2,199 shares in the company, valued at C$295,765.50. This trade represents a 95.94% decrease in their position. In the last three months, insiders have sold 78,015 shares of company stock worth $10,505,115. 0.03% of the stock is owned by company insiders.

Canadian Pacific Kansas City Price Performance

Shares of TSE:CP opened at C$120.58 on Wednesday. The firm has a market capitalization of C$106.00 billion, a PE ratio of 28.04, a P/E/G ratio of 2.32 and a beta of 1.33. The company has a quick ratio of 0.42, a current ratio of 0.59 and a debt-to-equity ratio of 53.93. The company has a 50-day moving average price of C$125.74 and a two-hundred day moving average price of C$122.17. Canadian Pacific Kansas City has a twelve month low of C$96.50 and a twelve month high of C$133.38.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings results on Wednesday, July 29th. The company reported C$1.27 earnings per share (EPS) for the quarter. The company had revenue of C$4.16 billion for the quarter. Canadian Pacific Kansas City had a net margin of 25.04% and a return on equity of 8.35%. Equities analysts forecast that Canadian Pacific Kansas City will post 4.34 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 26th will be given a $0.2680 dividend. The ex-dividend date is Friday, September 25th. This represents a $1.07 annualized dividend and a dividend yield of 0.9%. Canadian Pacific Kansas City’s payout ratio is 22.14%.

About Canadian Pacific Kansas City

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.