Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) (NYSE:CP) Senior Officer Nadeem Velani sold 3,200 shares of the firm's stock in a transaction dated Monday, June 24th. The stock was sold at an average price of C$109.11, for a total value of C$349,155.84.
Canadian Pacific Kansas City Stock Up 0.9 %
Shares of TSE CP opened at C$109.18 on Thursday. Canadian Pacific Kansas City Limited has a 52-week low of C$94.45 and a 52-week high of C$123.37. The firm has a fifty day moving average of C$109.56 and a 200-day moving average of C$111.30. The stock has a market capitalization of C$101.83 billion, a PE ratio of 26.97, a P/E/G ratio of 2.32 and a beta of 0.77. The company has a quick ratio of 0.42, a current ratio of 0.49 and a debt-to-equity ratio of 51.94.
Canadian Pacific Kansas City (TSE:CP - Get Free Report) (NYSE:CP) last announced its quarterly earnings results on Wednesday, April 24th. The company reported C$0.93 earnings per share for the quarter, missing analysts' consensus estimates of C$0.95 by C($0.02). Canadian Pacific Kansas City had a return on equity of 9.36% and a net margin of 28.26%. The business had revenue of C$3.52 billion for the quarter, compared to analysts' expectations of C$3.52 billion. On average, analysts anticipate that Canadian Pacific Kansas City Limited will post 4.1603293 EPS for the current year.
Canadian Pacific Kansas City Dividend Announcement
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The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 29th. Shareholders of record on Friday, June 28th will be given a $0.19 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.76 dividend on an annualized basis and a yield of 0.70%. Canadian Pacific Kansas City's payout ratio is currently 18.77%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on CP shares. Royal Bank of Canada lifted their price objective on Canadian Pacific Kansas City from C$127.00 to C$133.00 in a report on Monday, April 1st. Raymond James lifted their price objective on Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an "outperform" rating in a report on Monday, April 22nd. National Bankshares lowered their price objective on Canadian Pacific Kansas City from C$121.00 to C$119.00 and set a "sector perform" rating on the stock in a report on Thursday, April 25th. Barclays lifted their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 in a research report on Thursday, April 4th. Finally, Sanford C. Bernstein lifted their price target on shares of Canadian Pacific Kansas City from C$117.00 to C$118.00 and gave the company a "hold" rating in a research report on Monday, April 15th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Canadian Pacific Kansas City currently has an average rating of "Moderate Buy" and a consensus price target of C$120.63.
Read Our Latest Stock Report on CP
About Canadian Pacific Kansas City
(
Get Free Report)
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.
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