Canadian Pacific Kansas City (TSE:CP) Hits New 1-Year Low - Should You Sell?

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP shares hit a new 52-week low during trading on Thursday . The stock traded as low as C$101.76 and last traded at C$102.50, with a volume of 586650 shares traded. The stock had previously closed at C$104.72.

Analyst Ratings Changes

CP has been the subject of several analyst reports. Stephens upgraded Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Desjardins lifted their target price on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Scotiabank decreased their target price on shares of Canadian Pacific Kansas City from C$130.00 to C$128.00 in a report on Thursday, January 30th. UBS Group raised their price target on shares of Canadian Pacific Kansas City from C$127.00 to C$129.00 in a report on Thursday, January 30th. Finally, CIBC decreased their price objective on Canadian Pacific Kansas City from C$128.00 to C$124.00 and set an "outperform" rating on the stock in a report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$123.00.

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Canadian Pacific Kansas City Trading Up 1.6 %

The company's fifty day moving average is C$109.68 and its two-hundred day moving average is C$109.25. The company has a quick ratio of 0.42, a current ratio of 0.53 and a debt-to-equity ratio of 49.64. The stock has a market cap of C$94.39 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 2.32 and a beta of 0.79.

Canadian Pacific Kansas City Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, April 28th will be issued a $0.19 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.75%. Canadian Pacific Kansas City's payout ratio is 20.06%.

Insider Buying and Selling

In other news, Senior Officer Laird Joseph Pitz sold 18,710 shares of the company's stock in a transaction on Friday, January 31st. The shares were sold at an average price of C$116.16, for a total value of C$2,173,430.39. 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.