Atb Cap Markets Has Negative Estimate for TSE:CP Q4 Earnings

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) – Research analysts at Atb Cap Markets decreased their Q4 2024 earnings per share estimates for shares of Canadian Pacific Kansas City in a research note issued 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 previous estimate 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.

Several other research analysts have also recently weighed in on CP. Barclays increased their price objective on Canadian Pacific Kansas City from C$95.00 to C$97.00 and gave the stock a “buy” rating in a research report on Wednesday, September 25th. TD Securities boosted their price target on Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the stock a “hold” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. upped their target price on 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. Scotiabank raised Canadian Pacific Kansas City from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from C$124.00 to C$130.00 in a research note on Wednesday, July 10th. Finally, National Bankshares set a C$119.00 target price on Canadian Pacific Kansas City and gave the stock a “sector perform” rating in a research report on Thursday, June 27th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$121.13.

Canadian Pacific Kansas City Trading Down 1.3 %

Shares of Canadian Pacific Kansas City stock opened at C$110.57 on Thursday. The business has a fifty day simple moving average of C$112.26 and a two-hundred day simple moving average of C$111.75. 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 market capitalization of C$103.18 billion, a price-to-earnings ratio of 29.64, a P/E/G ratio of 2.32 and a beta of 0.79. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42.

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

Insider Activity

In related news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total value of C$436,796.55. In other Canadian Pacific Kansas City news, Senior Officer John Kenneth Brooks sold 21,700 shares of the company’s stock in a transaction dated 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. Also, Senior Officer Laird Joseph Pitz sold 5,480 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total transaction of C$436,796.55. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, October 28th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Friday, September 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.38%.

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.