Susquehanna Has Lowered Expectations for Canadian Pacific Kansas City (NYSE:CP) Stock Price

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP had its price target dropped by equities research analysts at Susquehanna from $90.00 to $88.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a "positive" rating on the transportation company's stock. Susquehanna's price objective would suggest a potential upside of 25.81% from the stock's previous close.

A number of other research analysts have also commented on CP. Stephens upped their target price on Canadian Pacific Kansas City from $88.00 to $92.00 and gave the company an "overweight" rating in a research note on Thursday, January 30th. Stifel Nicolaus cut their price target on shares of Canadian Pacific Kansas City from $82.00 to $76.00 and set a "hold" rating for the company in a research note on Thursday, January 16th. Citigroup upped their price objective on Canadian Pacific Kansas City from $88.00 to $91.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Benchmark reaffirmed a "hold" rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Finally, Wells Fargo & Company cut their price target on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, Canadian Pacific Kansas City has a consensus rating of "Moderate Buy" and a consensus price target of $94.95.

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Canadian Pacific Kansas City Stock Performance

CP stock traded up $0.53 during mid-day trading on Thursday, reaching $69.95. 1,647,715 shares of the stock traded hands, compared to its average volume of 2,523,306. The firm has a market capitalization of $65.31 billion, a PE ratio of 24.11, a P/E/G ratio of 2.00 and a beta of 0.98. The business has a 50-day moving average of $76.45 and a two-hundred day moving average of $77.42. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas City has a 52 week low of $68.28 and a 52 week high of $89.26.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. As a group, equities analysts predict that Canadian Pacific Kansas City will post 3.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC boosted its position in Canadian Pacific Kansas City by 25.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 104,490 shares of the transportation company's stock valued at $7,562,000 after purchasing an additional 21,119 shares during the last quarter. NorthCrest Asset Manangement LLC grew its position in shares of Canadian Pacific Kansas City by 1.7% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 216,998 shares of the transportation company's stock valued at $15,704,000 after acquiring an additional 3,589 shares during the period. Lansforsakringar Fondforvaltning AB publ acquired a new position in shares of Canadian Pacific Kansas City in the fourth quarter valued at $14,583,000. Bernard Wealth Management Corp. acquired a new stake in Canadian Pacific Kansas City during the fourth quarter worth approximately $31,000. Finally, Bristol John W & Co. Inc. NY increased its stake in shares of Canadian Pacific Kansas City by 28.6% during the fourth quarter. Bristol John W & Co. Inc. NY now owns 1,573,144 shares of the transportation company's stock worth $113,848,000 after purchasing an additional 349,795 shares during the period. Institutional investors own 72.20% 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.