Canadian Pacific Kansas City Limited (NYSE:CP) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) have received an average recommendation of “Moderate Buy” from the fifteen brokerages that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $92.63.

Several research firms have issued reports on CP. Wells Fargo & Company decreased their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Susquehanna cut their price target on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a report on Wednesday, January 8th. Barclays lowered their price objective on Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Bank of America reduced their target price 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. Finally, Stifel Nicolaus cut their price objective on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a “hold” rating on the stock in a report on Thursday, January 16th.

Institutional Investors Weigh In On Canadian Pacific Kansas City

Several institutional investors and hedge funds have recently modified their holdings of the stock. Grove Bank & Trust lifted its position in Canadian Pacific Kansas City by 56.0% during the 3rd quarter. Grove Bank & Trust now owns 362 shares of the transportation company’s stock worth $31,000 after acquiring an additional 130 shares in the last quarter. Tower View Wealth Management LLC raised its stake in shares of Canadian Pacific Kansas City by 0.3% during the third quarter. Tower View Wealth Management LLC now owns 51,550 shares of the transportation company’s stock valued at $4,410,000 after purchasing an additional 130 shares during the period. Trust Co. of Vermont lifted its position in shares of Canadian Pacific Kansas City by 4.7% during the third quarter. Trust Co. of Vermont now owns 3,037 shares of the transportation company’s stock worth $260,000 after purchasing an additional 135 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in shares of Canadian Pacific Kansas City by 12.7% in the third quarter. Massmutual Trust Co. FSB ADV now owns 1,252 shares of the transportation company’s stock valued at $107,000 after purchasing an additional 141 shares during the period. Finally, Pinnacle Bancorp Inc. grew its holdings in Canadian Pacific Kansas City by 13.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,250 shares of the transportation company’s stock valued at $90,000 after purchasing an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Up 2.1 %

Canadian Pacific Kansas City stock opened at $80.08 on Friday. 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’s fifty day moving average is $74.71 and its two-hundred day moving average is $79.10. Canadian Pacific Kansas City has a fifty-two week low of $70.89 and a fifty-two week high of $91.58. The firm has a market capitalization of $74.76 billion, a price-to-earnings ratio of 28.60, a price-to-earnings-growth ratio of 1.99 and a beta of 0.96.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last released its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.02). The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.59 billion. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 24.50%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 EPS. Analysts predict that Canadian Pacific Kansas City will post 3 EPS for the current fiscal year.

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.