As of Friday close, Canadian Pacific Kansas City Limited’s (NYSE:CP) stock was down -$0.08, moving down -0.10 percent to $80.82. The average number of shares traded per day over the past five days has been 2,978,260 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.23 fall in that time frame. In the last twenty days, the average volume was 2,524,405, while in the previous 50 days, it was 2,304,888.
Since last month, CP stock rose 2.63%. Shares of the company fell to $77.58 on 07/11/23, the lowest level in the past month. A 52-week high of $85.40 was reached on 07/28/23 after having rallying from a 52-week low of $65.17. Since the beginning of this year, CP’s stock price has risen by 8.35% or $6.23, and marked a new high 15 times. However, the stock has declined by -5.36% since its 52-week high.
Valuation Metrics
Right now, Canadian Pacific Kansas City Limited (CP) has a P/E ratio of about 17.60. The stock’s beta is 1.01. Besides these, the trailing price-to-sales (P/S) ratio of 9.75, the price-to-book (PB) ratio of 1.88, and the price-to-cash flow ratio of 52.82 may also be considered.
The latest dividend of $0.1437 per share was paid out, which is 1.91% more than last year’s $0.1410.
Financial Health
In the three months ended June 29, Canadian Pacific Kansas City Limited’s quick ratio stood at 0.60, while its current ratio was 0.70, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.53, and the total debt-to-equity ratio was 0.58. On the profitability front, the trailing twelve-month gross margin is 82.50% percent. In the year ended June 29, EBITDA margin amounted to 48.11%, whereas operating margins totaled -34.20%. Based on annual data, CP earned $4.53 billion in gross profit and brought in $6.78 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.60%. Return on equity (ROE) for the past 12 months was 11.00%.
In Canadian Pacific Kansas City Limited’s quarter-end financial report for June 29, it reported total debt of $16.36 billion against cash and short-term investments of $202.22 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CP’s revenue rose 30.62% to $1.74 billion during the quarter, while net income inched up to $2.43 billion. While analysts expected Canadian Pacific Kansas City Limited to report $0.71 quarterly earnings, the actual figure was $0.62 per share, beating the consensus estimate by -12.70%. During the quarter, the company generated $1.01 billion in EBITDA. The liabilities of Canadian Pacific Kansas City Limited were 28.39 billion at the end of its most recent quarter ended June 29, and its total debt was $23.26 billion.
Technical Picture
This quick technical analysis looks at Canadian Pacific Kansas City Limited’s (CP) price momentum. With a historical volatility rate of 17.95%, the RSI 9-day stood at 46.68% on 04 August.
With respect to its five-day moving average, the current Canadian Pacific Kansas City Limited price is down by -2.69% percent or -$2.23. At present, CP shares trade +3.14% above its 20-day simple moving average and +10.17% percent above its 100-day simple moving average. However, the stock is currently trading approximately +2.26% above its SMA50 and +16.47% above its SMA200.
Stochastic coefficient K was 20.07% and Stochastic coefficient D was 24.70%, while ATR was 1.64. Given the Stochastic reading of 24.30% for the 14-day period, the RSI (14) reading has been calculated as 50.00%. As of today, the MACD Oscillator reading stands at -1.43, while the 14-day reading stands at -1.09.
Analyst Ratings
Argus upgraded its rating on Canadian Pacific Kansas City Limited (NYSE: CP) to a Buy in a note to investors on May 16, 2023. The analysts firm previously had a Hold rating on the stock.Canadian Pacific Kansas City Limited (CP) has been rated Overweight by analysts. According to 0 brokerage firms, CP is a sell, and 9 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate Canadian Pacific Kansas City Limited stock as buy, with 21 recommending it as overweight.
With a median target price of $120.00, the current consensus forecast for the stock is $104.55 – $164.11. Based on these forecasts, analysts predict Canadian Pacific Kansas City Limited (CP) will achieve an average price target of $122.31.
