Canadian Pacific Kansas City (NYSE:CP) Rating Lowered to “Sell” at Wall Street Zen

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Sunday.

Other equities research analysts also recently issued research reports about the stock. Scotiabank reaffirmed an “outperform” rating on shares of Canadian Pacific Kansas City in a research note on Wednesday, January 21st. Natl Bk Canada downgraded Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 8th. Evercore cut their price target on Canadian Pacific Kansas City from $87.00 to $85.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. Citigroup reduced their price target on Canadian Pacific Kansas City from $88.00 to $86.00 and set a “buy” rating for the company in a report on Friday, January 30th. Finally, Barclays set a $93.00 price objective on Canadian Pacific Kansas City in a report on Thursday, January 29th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $92.00.

Canadian Pacific Kansas City Stock Performance

Canadian Pacific Kansas City stock opened at $83.74 on Friday. The firm has a market capitalization of $75.16 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. Canadian Pacific Kansas City has a one year low of $66.49 and a one year high of $85.15. The stock’s 50 day moving average price is $74.96 and its 200 day moving average price is $74.44. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.54 and a current ratio of 0.63.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings data on Wednesday, January 28th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.04). Canadian Pacific Kansas City had a net margin of 27.49% and a return on equity of 8.88%. The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.85 billion. During the same period last year, the business earned $1.29 EPS. The firm’s revenue was up 1.3% compared to the same quarter last year. As a group, sell-side analysts expect that Canadian Pacific Kansas City will post 3.42 EPS for the current fiscal year.

Institutional Trading of Canadian Pacific Kansas City

Several institutional investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC bought a new position in shares of Canadian Pacific Kansas City in the 2nd quarter worth about $27,000. Gilpin Wealth Management LLC acquired a new stake in Canadian Pacific Kansas City during the fourth quarter worth about $29,000. Caldwell Trust Co bought a new position in Canadian Pacific Kansas City in the third quarter worth about $30,000. McMillan Office Inc. bought a new position in Canadian Pacific Kansas City in the fourth quarter worth about $31,000. Finally, Acadian Asset Management LLC acquired a new position in Canadian Pacific Kansas City in the first quarter valued at approximately $35,000. Institutional investors own 72.20% of the company’s stock.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.