Canadian Pacific Kansas City Limited (CP) concluded trading on Wednesday at a closing price of $76.35, with 3.92 million shares of worth about $298.97 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.98% during that period and on December 04, 2024 the price saw a gain of about 1.01%. Currently the company’s common shares owned by public are about 933.30M shares, out of which, 933.12M shares are available for trading.
Stock saw a price change of 2.63% in past 5 days and over the past one month there was a price change of -2.25%. Year-to-date (YTD), CP shares are showing a performance of -3.43% which increased to 2.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $72.22 but also hit the highest price of $91.58 during that period. The average intraday trading volume for Canadian Pacific Kansas City Limited shares is 2.68 million. The stock is currently trading 0.47% above its 20-day simple moving average (SMA20), while that difference is down -3.21% for SMA50 and it goes to -6.70% lower than SMA200.
Canadian Pacific Kansas City Limited (NYSE: CP) currently have 933.30M outstanding shares and institutions hold larger chunk of about 74.21% of that.
The stock has a current market capitalization of $71.26B and its 3Y-monthly beta is at 0.96. PE ratio of stock for trailing 12 months is 27.43, while it has posted earnings per share of $2.78 in the same period. Its PEG reads 1.86 and has Quick Ratio of 0.46 while making debt-to-equity ratio of 0.50. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CP, volatility over the week remained 1.88% while standing at 2.07% over the month.
Stock’s fiscal year EPS is expected to rise by 10.91% while it is estimated to increase by 17.87% in next year. EPS is likely to grow at an annualized rate of 14.79% for next 5-years, compared to annual growth of 8.14% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Susquehanna on October 24, 2024 offering a Positive rating for the stock and assigned a target price of $92 to it. Coverage by Citigroup stated Canadian Pacific Kansas City Limited (CP) stock as a Buy in their note to investors on October 09, 2024, suggesting a price target of $97 for the stock. On July 10, 2024, Scotiabank Upgrade their recommendations, while on June 07, 2024, Wells Fargo Initiated their ratings for the stock with a price target of $90. Stock get a Buy rating from Jefferies on April 08, 2024.
