Atb Cap Markets Research Analysts Reduce Earnings Estimates for Canadian Pacific Kansas City Limited (TSE:CP)

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) – Equities research analysts at Atb Cap Markets cut their Q4 2024 earnings per share (EPS) estimates for Canadian Pacific Kansas City in a report released on Monday, October 14th. Atb Cap Markets analyst C. Murray now forecasts that the company will earn $1.29 per share for the quarter, down from their prior forecast of $1.35. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $4.34 per share. Atb Cap Markets also issued estimates for Canadian Pacific Kansas City’s Q4 2025 earnings at $1.54 EPS and FY2025 earnings at $5.08 EPS.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings data on Tuesday, July 30th. The company reported C$1.05 EPS for the quarter, beating the consensus estimate of C$1.01 by C$0.04. The firm had revenue of C$3.60 billion for the quarter, compared to analyst estimates of C$3.55 billion. Canadian Pacific Kansas City had a return on equity of 8.10% and a net margin of 24.46%.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. increased their target price on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th. Barclays raised their price objective on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Sanford C. Bernstein decreased their price objective on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a report on Wednesday, October 9th. Citigroup set a C$97.00 target price on Canadian Pacific Kansas City and gave the company a “buy” rating in a report on Wednesday, October 9th. Finally, Royal Bank of Canada lifted their price target on Canadian Pacific Kansas City from C$133.00 to C$137.00 and gave the stock an “outperform” rating in a research note on Monday, September 30th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$121.13.

Canadian Pacific Kansas City Stock Up 0.4 %

Shares of CP opened at C$112.72 on Thursday. Canadian Pacific Kansas City has a 1 year low of C$94.45 and a 1 year high of C$123.37. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42. The stock has a 50 day simple moving average of C$112.13 and a two-hundred day simple moving average of C$111.86. The firm has a market cap of C$105.18 billion, a P/E ratio of 30.22, a P/E/G ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, October 28th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend was Friday, September 27th. Canadian Pacific Kansas City’s payout ratio is currently 20.38%.

Insider Transactions at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of C$79.71, for a total transaction of C$436,796.55. In other Canadian Pacific Kansas City news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total transaction of C$436,796.55. Also, Senior Officer John Kenneth Brooks sold 21,700 shares of Canadian Pacific Kansas City stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of C$112.01, for a total transaction of C$2,430,629.59. Corporate insiders own 0.03% of the company’s stock.

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.