Analysts Set Canadian Pacific Kansas City Limited (NYSE:CP) Price Target at $95.45

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) has received an average recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $95.45.

Several brokerages have issued reports on CP. Stephens raised their price objective on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Barclays dropped their price objective on Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Susquehanna dropped their price objective on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating on the stock in a report on Wednesday, January 8th. Loop Capital lowered Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a report on Monday, February 3rd. Finally, StockNews.com lowered Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th.

Institutional Investors Weigh In On Canadian Pacific Kansas City

Hedge funds have recently added to or reduced their stakes in the company. Bernard Wealth Management Corp. acquired a new stake in shares of Canadian Pacific Kansas City during the 4th quarter valued at approximately $31,000. Kestra Investment Management LLC acquired a new stake in shares of Canadian Pacific Kansas City during the 4th quarter valued at approximately $33,000. Addison Advisors LLC lifted its position in shares of Canadian Pacific Kansas City by 246.9% during the 3rd quarter. Addison Advisors LLC now owns 392 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 279 shares during the period. FSA Wealth Management LLC acquired a new stake in shares of Canadian Pacific Kansas City during the 3rd quarter valued at approximately $34,000. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of Canadian Pacific Kansas City during the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Performance

NYSE:CP opened at $75.27 on Monday. The firm has a market capitalization of $70.28 billion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 2.00 and a beta of 0.98. The business’s fifty day moving average price is $76.92 and its 200 day moving average price is $78.25. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. Canadian Pacific Kansas City has a 12 month low of $70.89 and a 12 month high of $90.64.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its earnings results on Wednesday, January 29th. The transportation company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. On average, sell-side analysts anticipate that Canadian Pacific Kansas City will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be given a $0.1318 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.53 dividend on an annualized basis and a yield of 0.70%. Canadian Pacific Kansas City’s payout ratio is currently 17.93%.

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.