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Why Canadian Pacific Kansas City Limited (CP) Stock Could See Much Higher Prices Ahead

Canadian Pacific Kansas City Limited (NYSE: CP) is -0.73% lower on its value in year-to-date trading and has touched a low of $66.49 and a high of $87.72 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 $72.48 in the last trading session, with the day’s loss setting it -0.64%.

Currently trading at $71.84, the stock is -0.18% and -2.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.58 million and changing -0.88% at the moment leaves the stock -7.72% off its SMA200. CP registered -12.32% loss for a year compared to 6-month loss of -8.87%. The firm has a 50-day simple moving average (SMA 50) of $73.9568 and a 200-day simple moving average (SMA200) of $77.84855.

The stock witnessed a 0.41% gain in the last 1 month and extending the period to 3 months gives it a -10.98%, and is -1.74% 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 1.72% over the week and 3.62% over the month.

Canadian Pacific Kansas City Limited (CP) has around 20144 employees, a market worth around $67.08B and $10.62B in sales. Current P/E ratio is 24.79 and Fwd P/E is 17.99. Profit margin for the company is 25.51%. Distance from 52-week low is 8.05% and -18.10% from its 52-week high. The company has generated returns on investments over the last 12 months (5.73%).

with sales reaching $3.75B over the same period.The EPS is expected to grow by 13.67% this year, but quarterly earnings will post 7.35% year-over-year. Quarterly sales are estimated to grow 6.49% in year-over-year returns.

Canadian Pacific Kansas City Limited (CP) Top Institutional Holders

1430.0 institutions hold shares in Canadian Pacific Kansas City Limited (CP), with institutional investors hold 75.24% of the company’s shares. The shares outstanding are 933.50M, and float is at 933.29M with Short Float at 1.05%. Institutions hold 75.22% 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 5.8869% 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 3.8219% 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

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