Canadian Pacific Kansas City (TSE:CP) PT Lowered to C$125.00

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price reduced by Sanford C. Bernstein from C$126.00 to C$125.00 in a research report report published on Wednesday morning, BayStreet.CA reports.

A number of other research analysts have also commented on the stock. Barclays boosted their price target on shares of Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a buy rating in a research report on Wednesday, September 25th. ATB Capital upped their price target on shares of Canadian Pacific Kansas City from C$130.00 to C$133.00 and gave the company an outperform rating in a research report on Wednesday, July 31st. Desjardins upped their price target on shares of Canadian Pacific Kansas City from C$131.00 to C$132.00 and gave the company a buy rating in a research report on Wednesday, July 31st. JPMorgan Chase & Co. upped their price objective on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an overweight rating in a research note on Tuesday, October 8th. Finally, TD Securities increased their price target on shares of Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the stock a hold rating in a research note on Wednesday, July 31st. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of Moderate Buy and an average target price of C$121.13.

Canadian Pacific Kansas City Price Performance

Canadian Pacific Kansas City stock opened at C$112.94 on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. The stock has a market cap of C$105.39 billion, a P/E ratio of 30.28, a P/E/G ratio of 2.32 and a beta of 0.79. The company’s 50 day moving average price is C$112.10 and its two-hundred day moving average price is C$111.94. Canadian Pacific Kansas City has a 52 week low of C$94.45 and a 52 week high of C$123.37.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last issued its earnings results on Tuesday, July 30th. The company reported C$1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.01 by C$0.04. Canadian Pacific Kansas City had a net margin of 24.46% and a return on equity of 8.10%. The business had revenue of C$3.60 billion for the quarter, compared to analysts’ expectations of C$3.55 billion. On average, equities analysts predict that Canadian Pacific Kansas City will post 5.1435688 earnings per share for the current year.

Canadian Pacific Kansas City Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, October 28th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend was Friday, September 27th. Canadian Pacific Kansas City’s dividend payout ratio is currently 20.38%.

Insiders Place Their Bets

In related news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of C$79.71, for a total transaction of C$436,796.55. In other news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of C$79.71, for a total transaction of C$436,796.55. Also, Senior Officer John Kenneth Brooks sold 21,700 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of C$112.01, for a total value of C$2,430,629.59. Corporate insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.