Canadian Pacific Kansas City Limited (NYSE: CP) is 4.77% higher on its value in year-to-date trading and has touched a low of $70.89 and a high of $91.58 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 $77.92 in the last trading session, with the day’s loss setting it -2.1%.
Currently trading at $75.82, the stock is -2.21% and -0.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.35 million and changing -2.70% at the moment leaves the stock -4.04% off its SMA200. CP registered -10.72% loss for a year compared to 6-month loss of -8.17%.
The stock witnessed a -5.01% gain in the last 1 month and extending the period to 3 months gives it a 1.92%, and is -0.63% 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 2.69% over the week and 2.35% over the month.
Canadian Pacific Kansas City Limited (CP) has around 20144 employees, a market worth around $70.79B and $10.62B in sales. Current P/E ratio is 26.17 and Fwd P/E is 19.47. Profit margin for the company is 25.51%. Distance from 52-week low is 6.95% and -17.21% from its 52-week high. The company has generated returns on investments over the last 12 months (5.73%).
with sales reaching $3.78B over the same period.The EPS is expected to grow by 16.40% this year, but quarterly earnings will post 8.42% year-over-year. Quarterly sales are estimated to grow 7.37% in year-over-year returns.
Canadian Pacific Kansas City Limited (CP) Top Institutional Holders
The shares outstanding are 933.50M, and float is at 933.29M with Short Float at 1.23%.
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 5.8869% of the CP Shares outstanding. As of 2024-06-30, the second largest holder is ROYAL BANK OF CANADA with 51.3 million shares valued at $4.04 billion to account for 5.5001 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 35.65 million shares representing 3.8211% and valued at over $2.81 billion, while WCM INVESTMENT MANAGEMENT, LLC holds 3.2472 of the shares totaling 30.29 million with a market value of $2.39 billion.
Canadian Pacific Kansas City Limited (CP) Insider Activity
A total of 0 insider transactions have happened at Canadian Pacific Kansas City Limited (CP) in the last six months, with sales accounting for 0 and purchases happening 0 times.
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 -5.41% down over the past 12 months. Canadian National Railway Co. (CNI) that is -24.22% lower over the same period.
