Canadian Pacific Kansas City (CP) Expected to Announce Quarterly Earnings on Wednesday

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) is anticipated to announce its earnings results after the market closes on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.66 per share and revenue of $2,815,279.93 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Canadian Pacific Kansas City Stock Up 1.2 %

Shares of NYSE CP opened at $80.72 on Tuesday. The firm has a 50 day moving average price of $74.91 and a 200 day moving average price of $79.09. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The stock has a market cap of $75.36 billion, a P/E ratio of 28.83, a P/E/G ratio of 2.01 and a beta of 0.96. Canadian Pacific Kansas City has a 52-week low of $70.89 and a 52-week high of $91.58.

Analyst Upgrades and Downgrades

Several analysts recently commented on CP shares. Benchmark reaffirmed a “hold” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, October 24th. Bank of America dropped their price target on Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Wells Fargo & Company decreased their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. StockNews.com downgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Finally, Wolfe Research upgraded shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price target for the company in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $92.63.

About Canadian Pacific Kansas City

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.