Stock of Canadian Pacific Kansas City Limited (CP) performance and profitability takes another direction

A share price of Canadian Pacific Kansas City Limited [CP] is currently trading at $80.36, up 0.66%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CP shares have gain 1.22% over the last week, with a monthly amount drifted -0.86%, 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 July 10, 2024, when Scotiabank upgraded its rating to a Sector Outperform. Previously, Wells Fargo started tracking the stock with Overweight rating on June 07, 2024, and set its price target to $90. On April 08, 2024, Jefferies initiated with a Buy rating and assigned a price target of $105 on the stock. Scotiabank downgraded its rating to a Sector Perform. TD Securities downgraded its rating to a Hold. Susquehanna downgraded its rating to Neutral for this stock on January 08, 2024. In a note dated November 27, 2023, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $85 to $77.

Canadian Pacific Kansas City Limited experienced fluctuations in its stock price throughout the past year between $68.92 and $91.58. Currently, Wall Street analysts expect the stock to reach $87.53 within the next 12 months. Canadian Pacific Kansas City Limited [NYSE: CP] shares were valued at $80.36 at the most recent close of the market. An investor can expect a potential return of 8.92% based on the average CP price forecast.

Analyzing the CP fundamentals

Trailing Twelve Months sales for Canadian Pacific Kansas City Limited [NYSE:CP] were 10.51B which represents 11.42% growth. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.

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 79.54 points at the first support level, and at 78.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.81, and for the 2nd resistance point, it is at 81.26.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Canadian Pacific Kansas City Limited [NYSE:CP] is 0.51. Further, the Quick Ratio stands at 0.44, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 7.14, the price to book ratio is 2.34 and price to earnings (TTM) ratio is 29.22.

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