Canadian Pacific Kansas City Limited (NYSE: CP) is -1.47% lower on its value in year-to-date trading and has touched a low of $69.07 and a high of $91.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CP stock was last observed hovering at around $77.11 in the last trading session, with the day’s gains setting it 0.79%.
Currently trading at $77.90, the stock is -3.51% and -5.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.06 million and changing 1.02% at the moment leaves the stock -5.55% off its SMA200. CP registered 11.60% gain for a year compared to 6-month gain of -3.65%. The firm has a 50-day simple moving average (SMA 50) of $82.7594 and a 200-day simple moving average (SMA200) of $82.47345.
The stock witnessed a -8.82% loss in the last 1 month and extending the period to 3 months gives it a -5.14%, and is -1.08% down 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 2.10% over the week and 1.66% over the month.
Canadian Pacific Kansas City Limited (CP) has around 18233 employees, a market worth around $72.71B and $10.62B in sales. Current P/E ratio is 27.99 and Fwd P/E is 21.52. Profit margin for the company is 24.50%. Distance from 52-week low is 12.78% and -14.94% from its 52-week high. The company has generated returns on investments over the last 12 months (5.59%).
The EPS is expected to grow by 10.83% this year.
Canadian Pacific Kansas City Limited (CP) Top Institutional Holders
1387.0 institutions hold shares in Canadian Pacific Kansas City Limited (CP), with institutional investors hold 76.64% of the company’s shares. The shares outstanding are 933.35M, and float is at 933.12M with Short Float at 0.73%. Institutions hold 76.62% of the Float.
The top institutional shareholder in the company is TCI FUND MANAGEMENT LTD with over 54.91 million shares valued at $4.32 billion. The investor’s holdings represent 5.8857% of the CP Shares outstanding. As of 2024-06-30, the second largest holder is WCM INVESTMENT MANAGEMENT, LLC with 30.29 million shares valued at $2.39 billion to account for 3.2465 of the shares outstanding. The other top investors are TD ASSET MANAGEMENT INC which holds 21.72 million shares representing 2.3282% and valued at over $1.71 billion, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 1.9028 of the shares totaling 17.75 million with a market value of $1.4 billion.
Canadian Pacific Kansas City Limited (CP) Insider Activity
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