Canadian Pacific Kansas City (TSE:CP) Insider Sells C$423,217.25 in Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Cassandra Quach sold 4,135 shares of Canadian Pacific Kansas City stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$102.35, for a total value of C$423,217.25.

Canadian Pacific Kansas City Price Performance

Canadian Pacific Kansas City stock traded down C$0.09 during mid-day trading on Friday, hitting C$99.77. 1,359,725 shares of the company were exchanged, compared to its average volume of 1,739,985. Canadian Pacific Kansas City Limited has a 12-month low of C$94.60 and a 12-month high of C$118.80. The company has a market capitalization of C$89.88 billion, a P/E ratio of 21.69, a PEG ratio of 2.32 and a beta of 0.88. The business’s 50 day simple moving average is C$100.81 and its two-hundred day simple moving average is C$103.23. The company has a debt-to-equity ratio of 49.64, a current ratio of 0.53 and a quick ratio of 0.42.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last posted its quarterly earnings data on Wednesday, October 29th. The company reported C$1.10 earnings per share for the quarter. The business had revenue of C$3.66 billion during the quarter. Canadian Pacific Kansas City had a net margin of 24.50% and a return on equity of 8.22%. Analysts forecast that Canadian Pacific Kansas City Limited will post 4.3438583 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Canadian Pacific Kansas City from C$137.00 to C$124.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. TD Securities cut their price target on shares of Canadian Pacific Kansas City from C$119.00 to C$116.00 in a report on Friday, January 16th. Natl Bk Canada downgraded shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. Sanford C. Bernstein dropped their price target on Canadian Pacific Kansas City from C$121.00 to C$114.00 in a research report on Tuesday, November 11th. Finally, CIBC boosted their target price on shares of Canadian Pacific Kansas City from C$122.00 to C$123.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Canadian Pacific Kansas City currently has an average rating of “Moderate Buy” and a consensus price target of C$120.23.

Canadian Pacific Kansas City Company Profile

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.