Canadian Pacific Kansas City (CP) Projected to Post Earnings on Wednesday

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) is expected to be announcing its earnings results after the market closes on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.66 per share and revenue of $2,815,279.93 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Canadian Pacific Kansas City Trading Down 0.2 %

CP opened at $79.86 on Monday. The firm has a market capitalization of $74.56 billion, a P/E ratio of 28.52, a P/E/G ratio of 2.01 and a beta of 0.96. The firm’s 50 day moving average is $74.91 and its 200-day moving average is $79.11. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. Canadian Pacific Kansas City has a 52-week low of $70.89 and a 52-week high of $91.58.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CP. Wolfe Research raised shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price objective for the company in a research report on Wednesday, January 8th. Benchmark reissued a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, October 24th. Stephens upgraded Canadian Pacific Kansas City from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $81.00 to $88.00 in a research note on Monday, January 6th. Susquehanna reduced their target price on Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a research note on Wednesday, January 8th. Finally, Barclays dropped their price target on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $92.63.

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.