Canadian Pacific Kansas City Limited [CP] stock prices are up 1.62% to $78.18 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CP shares have gain 1.89% over the last week, with a monthly amount drifted -4.36%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Canadian Pacific Kansas City Limited [NYSE: CP] stock has seen the most recent analyst activity on June 07, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $90. Previously, Jefferies started tracking the stock with Buy rating on April 08, 2024, and set its price target to $105. On March 25, 2024, downgrade downgraded it’s rating to Sector Perform. TD Securities downgraded its rating to a Hold. Susquehanna downgraded its rating to a Neutral. Deutsche Bank downgraded its rating to Hold for this stock on November 27, 2023, and downed its price target to $77. In a note dated October 26, 2023, Raymond James upgraded an Outperform rating on this stock.
The stock price of Canadian Pacific Kansas City Limited [CP] has been fluctuating between $68.92 and $91.58 over the past year. Currently, Wall Street analysts expect the stock to reach $87.49 within the next 12 months. Canadian Pacific Kansas City Limited [NYSE: CP] shares were valued at $78.18 at the most recent close of the market. An investor can expect a potential return of 11.91% based on the average CP price forecast.
Analyzing the CP fundamentals
The Canadian Pacific Kansas City Limited [NYSE:CP] reported sales of 10.24B for trailing twelve months, representing a surge of 55.80%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 76.73 points at the first support level, and at 75.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 79.15, and for the 2nd resistance point, it is at 80.13.
Ratios To Look Out For
It’s worth pointing out that Canadian Pacific Kansas City Limited [NYSE:CP]’s Current Ratio is 0.49. On the other hand, the Quick Ratio is 0.43, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 7.12, the price to book ratio is 2.30 and price to earnings (TTM) ratio is 25.24.
