Canadian Pacific Kansas City (TSE:CP) Sets New 1-Year Low – Time to Sell?

Shares of Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$101.76 and last traded at C$102.50, with a volume of 586650 shares changing hands. The stock had previously closed at C$104.72.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wolfe Research raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Desjardins increased their price target on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Scotiabank reduced their price objective on Canadian Pacific Kansas City from C$130.00 to C$128.00 in a research note on Thursday, January 30th. ATB Capital increased their target price on Canadian Pacific Kansas City from C$129.00 to C$130.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. Finally, Stephens raised Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$123.43.

Canadian Pacific Kansas City Trading Down 3.1 %

The company has a market cap of C$92.91 billion, a P/E ratio of 26.24, a P/E/G ratio of 2.32 and a beta of 0.79. The business has a fifty day simple moving average of C$109.68 and a 200 day simple moving average of C$109.28. The company has a debt-to-equity ratio of 49.64, a quick ratio of 0.42 and a current ratio of 0.53.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Monday, April 28th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.06%.

Insiders Place Their Bets

In related news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the company’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of C$116.16, for a total transaction of C$2,173,430.39. 0.03% of the stock is owned by corporate insiders.

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.