Canadian Pacific Kansas City (NYSE:CP) Rating Reiterated by Susquehanna

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP)‘s stock had its “neutral” rating reiterated by investment analysts at Susquehanna in a research report issued to clients and investors on Tuesday, Benzinga reports. They presently have a $80.00 target price on the transportation company’s stock. Susquehanna’s price objective indicates a potential upside of 0.38% from the stock’s current price.

Several other research analysts have also recently commented on CP. Wells Fargo & Company assumed coverage on shares of Canadian Pacific Kansas City in a report on Friday, June 7th. They set an “overweight” rating and a $90.00 price target for the company. Evercore ISI dropped their target price on Canadian Pacific Kansas City from $90.00 to $89.00 and set an “outperform” rating on the stock in a report on Thursday, April 25th. Stifel Nicolaus decreased their price target on Canadian Pacific Kansas City from $83.00 to $82.00 and set a “hold” rating for the company in a report on Thursday, April 25th. Benchmark reiterated a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, April 25th. Finally, Raymond James raised their target price on Canadian Pacific Kansas City from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, April 22nd. Twelve investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, Canadian Pacific Kansas City has an average rating of “Hold” and an average target price of $96.32.

Canadian Pacific Kansas City Stock Up 0.6 %

Canadian Pacific Kansas City stock opened at $79.70 on Tuesday. The firm has a market capitalization of $74.35 billion, a P/E ratio of 25.54, a P/E/G ratio of 2.25 and a beta of 0.97. The stock’s fifty day simple moving average is $80.04 and its 200-day simple moving average is $82.10. Canadian Pacific Kansas City has a twelve month low of $68.92 and a twelve month high of $91.58. The company has a current ratio of 0.49, a quick ratio of 0.43 and a debt-to-equity ratio of 0.43.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings results on Wednesday, April 24th. The transportation company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.01). The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.59 billion. Canadian Pacific Kansas City had a net margin of 28.27% and a return on equity of 8.48%. As a group, equities analysts expect that Canadian Pacific Kansas City will post 3.14 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. YCG LLC raised its stake in shares of Canadian Pacific Kansas City by 32.5% during the 4th quarter. YCG LLC now owns 372,422 shares of the transportation company’s stock worth $29,444,000 after buying an additional 91,276 shares in the last quarter. JARISLOWSKY FRASER Ltd lifted its holdings in Canadian Pacific Kansas City by 63.6% in the fourth quarter. JARISLOWSKY FRASER Ltd now owns 89,644 shares of the transportation company’s stock valued at $7,127,000 after acquiring an additional 34,856 shares during the period. SG Americas Securities LLC grew its stake in shares of Canadian Pacific Kansas City by 15.3% during the 4th quarter. SG Americas Securities LLC now owns 96,211 shares of the transportation company’s stock worth $7,606,000 after purchasing an additional 12,748 shares during the period. Element Capital Management LLC purchased a new position in shares of Canadian Pacific Kansas City in the 3rd quarter valued at about $7,815,000. Finally, Meritage Group LP acquired a new stake in shares of Canadian Pacific Kansas City in the fourth quarter valued at about $207,850,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

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.