FY2024 EPS Estimates for TSE:CP Cut by Atb Cap Markets

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) – Stock analysts at Atb Cap Markets reduced their FY2024 EPS estimates for Canadian Pacific Kansas City in a research note issued to investors on Monday, October 14th. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings of $4.29 per share for the year, down from their prior estimate of $4.34. 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 Q1 2025 earnings at $1.08 EPS, Q2 2025 earnings at $1.20 EPS, Q1 2026 earnings at $1.28 EPS, Q2 2026 earnings at $1.38 EPS, Q3 2026 earnings at $1.50 EPS and FY2026 earnings at $5.95 EPS.

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

Several other research analysts also recently issued reports on the stock. Citigroup set a C$97.00 price target on shares of Canadian Pacific Kansas City and gave the stock a “buy” rating in a research report on Wednesday, October 9th. TD Securities upped their price target on shares of Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the stock a “hold” rating in a research report on Wednesday, July 31st. Desjardins upped their price target on shares of Canadian Pacific Kansas City from C$131.00 to C$132.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Scotiabank upgraded shares of Canadian Pacific Kansas City from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$124.00 to C$130.00 in a research report on Wednesday, July 10th. Finally, ATB Capital upped their price target on shares of Canadian Pacific Kansas City from C$130.00 to C$133.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and an average target price of C$121.13.

Canadian Pacific Kansas City Stock Down 0.6 %

Shares of TSE:CP opened at C$112.05 on Wednesday. Canadian Pacific Kansas City has a 52 week low of C$94.45 and a 52 week high of C$123.37. The company has a debt-to-equity ratio of 50.47, a quick ratio of 0.42 and a current ratio of 0.51. The company’s fifty day moving average is C$112.18 and its 200-day moving average is C$111.81. The company has a market capitalization of C$104.56 billion, a PE ratio of 30.04, a P/E/G ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, October 28th were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.76 annualized dividend and a yield of 0.68%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.38%.

Insiders Place Their Bets

In other 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. In other 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 the firm’s stock in a transaction that occurred on Wednesday, August 28th. The stock was 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.