Will Canadian Pacific Kansas City Limited (CP) benefit from Wall Street bulls Calls?

Canadian Pacific Kansas City Limited (NYSE: CP) is 7.91% higher on its value in year-to-date trading and has touched a low of $68.92 and a high of $85.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CP stock was last observed hovering at around $85.47 in the last trading session, with the day’s loss setting it -0.16%.

Currently trading at $85.31, the stock is 6.72% and 9.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.36 million and changing -0.19% at the moment leaves the stock 10.21% off its SMA200. CP registered 9.88% gain for a year compared to 6-month loss of 5.32%. The firm has a 50-day simple moving average (SMA 50) of $7.64 and a 200-day simple moving average (SMA200) of -$129.72.

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The stock witnessed a 8.11% gain in the last 1 month and extending the period to 3 months gives it a 15.61%, and is 2.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.41% over the week and 1.78% over the month.

Canadian Pacific Kansas City Limited (CP) has around Mar 27 2024 employees, a market worth around $79.49B and $9.30B in sales. Current P/E ratio is 27.37 and Fwd P/E is 22.26. Profit margin for the company is 31.29%. Distance from 52-week low is 23.78% and -0.72% from its 52-week high. The company has generated returns on investments over the last 12 months (6.31%).

Canadian Pacific Kansas City Limited quarterly earnings per share for the current quarter are estimated at $0.71 with sales reaching $2.62B over the same period.The EPS is expected to grow by 13.39% this year, but quarterly earnings will post 17.10% year-over-year. Quarterly sales are estimated to grow 53.30% in year-over-year returns.

Canadian Pacific Kansas City Limited (CP) Top Institutional Holders

1,306 institutions hold shares in Canadian Pacific Kansas City Limited (CP), with institutional investors hold 76.97% of the company’s shares. The shares outstanding are 932.10M, and float is at 931.12M with Short Float at 1.03%. Institutions hold 76.95% of the Float.

The top institutional shareholder in the company is TCI Fund Management Ltd with over 55.86 million shares valued at $4.51 billion. The investor’s holdings represent 6.00% of the CP Shares outstanding. As of Jun 29, 2023, the second largest holder is Royal Bank of Canada with 53.01 million shares valued at $4.28 billion to account for 5.69% of the shares outstanding. The other top investors are WCM Investment Management, LLC which holds 38.1 million shares representing 4.09% and valued at over $2.84 billion, while Vanguard Group Inc holds 3.57% of the shares totaling 33.27 million with a market value of $2.69 billion.

Canadian Pacific Kansas City Limited (CP): Who are the competitors?

The company’s main competitors (and peers) include Norfolk Southern Corp. (NSC) that is trading 6.31% up over the past 12 months. Canadian National Railway Co. (CNI) that is 6.45% higher over the same period.