Market Recap Check: Canadian Pacific Kansas City Limited (CP)’s Positive Finish at 78.72, Up/Down 1.40

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The price of Canadian Pacific Kansas City Limited (NYSE: CP) closed at $78.72 in the last session, up 1.40% from day before closing price of $77.63. In other words, the price has increased by $1.40 from its previous closing price. On the day, 3.5 million shares were traded. CP stock price reached its highest trading level at $79.26 during the session, while it also had its lowest trading level at $77.57.

Ratios:

We take a closer look at CP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 191.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.70. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.49. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.44.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on June 07, 2024, initiated with a Overweight rating and assigned the stock a target price of $90.

On April 08, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $105.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CP now has a Market Capitalization of 73422536704 and an Enterprise Value of 96573505536. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.41, and their Forward P/E ratio for the next fiscal year is 21.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.17 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 6.994 whereas that against EBITDA is 13.745.

Stock Price History:

The Beta on a monthly basis for CP is 0.96, which has changed by -0.016737461 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, CP has reached a high of $91.58, while it has fallen to a 52-week low of $68.92. The 50-Day Moving Average of the stock is -2.77%, while the 200-Day Moving Average is calculated to be -0.69%.

Shares Statistics:

According to the various share statistics, CP traded on average about 2.20M shares per day over the past 3-months and 2480320 shares per day over the past 10 days. A total of 932.71M shares are outstanding, with a floating share count of 932.48M. Insiders hold about 0.02% of the company’s shares, while institutions hold 75.38% stake in the company. Shares short for CP as of 1715731200 were 11607097 with a Short Ratio of 5.28, compared to 1713139200 on 10286190. Therefore, it implies a Short% of Shares Outstanding of 11607097 and a Short% of Float of 1.24.

Dividends & Splits

The forward annual dividend rate for CP is 0.57, which was 0.76 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.00979003The stock’s 5-year Average Dividend Yield is 0.82. The current Payout Ratio is 18.07% for CP, which recently paid a dividend on 2024-03-27 with an ex-dividend date of 1719532800. Stock splits for the company last occurred on 2021-05-14 when the company split stock in a 5:1 ratio.

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