Some Investing Thoughts On Canadian Pacific Kansas City Limited (NYSE: CP)

Canadian Pacific Kansas City Limited (CP) concluded trading on Thursday at a closing price of $74.66, with 3.23 million shares of worth about $241.43 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.01% during that period and on December 12, 2024 the price saw a loss of about -1.89%. 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 -2.23% in past 5 days and over the past one month there was a price change of -2.90%. Year-to-date (YTD), CP shares are showing a performance of -5.57% which increased to 1.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $72.29 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 2.79 million. The stock is currently trading -1.00% below its 20-day simple moving average (SMA20), while that difference is down -4.00% for SMA50 and it goes to -8.42% lower than SMA200.

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Canadian Pacific Kansas City Limited (NYSE: CP) currently have 933.30M outstanding shares and institutions hold larger chunk of about 74.25% of that.

The stock has a current market capitalization of $69.68B and its 3Y-monthly beta is at 0.96. PE ratio of stock for trailing 12 months is 26.83, while it has posted earnings per share of $2.78 in the same period. Its PEG reads 1.81 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 1.76% while standing at 1.88% over the month.

Stock’s fiscal year EPS is expected to rise by 10.49% while it is estimated to increase by 17.99% 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.

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