Canadian Pacific Kansas City (TSE:CP) Hits New 1-Year Low - What's Next?

Canadian Pacific Kansas City Limited (TSE:CP - Get Free Report) NYSE: CP's stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$112.03, with a volume of 454830 shares. The stock had previously closed at C$112.69.

Analyst Ratings Changes

CP has been the topic of several research reports. Wolfe Research upgraded shares of Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 8th. Stephens upgraded Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. ATB Capital increased their target price on shares of Canadian Pacific Kansas City from C$129.00 to C$130.00 and gave the stock an "outperform" rating in a report on Thursday, January 30th. Sanford C. Bernstein dropped their target price on Canadian Pacific Kansas City from C$123.00 to C$122.00 in a research report on Friday, February 21st. Finally, Royal Bank of Canada increased their price objective on Canadian Pacific Kansas City from C$124.00 to C$128.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, Canadian Pacific Kansas City currently has an average rating of "Moderate Buy" and a consensus price target of C$123.86.

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Canadian Pacific Kansas City Stock Down 0.8 %

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 firm's fifty day simple moving average is C$110.12 and its 200-day simple moving average is C$109.84. The company has a market cap of C$103.97 billion, a PE ratio of 29.36, a P/E/G 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. Investors of record on Friday, March 28th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 0.68%. Canadian Pacific Kansas City's payout ratio is 20.06%.

Insiders Place Their Bets

In related news, Senior Officer Keith E. Creel sold 51,727 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total value of C$5,426,615.01. Also, Senior Officer Laird Joseph Pitz sold 18,710 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of C$116.16, for a total transaction of C$2,173,430.39. In the last three months, insiders sold 88,994 shares of company stock valued at $9,572,099. Company insiders own 0.03% of the company's stock.

About Canadian Pacific Kansas City

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.