Canadian Pacific Kansas City Limited [CP] stock prices are up 0.73% to $83.18 at the moment. 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 4.88% over the last week, with a monthly amount glided 1.09%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
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 $87.53 within the next 12 months. Canadian Pacific Kansas City Limited [NYSE: CP] shares were valued at $83.18 at the most recent close of the market. An investor can expect a potential return of 5.23% based on the average CP price forecast.
Analyzing the CP fundamentals
The Canadian Pacific Kansas City Limited [NYSE:CP] reported sales of 10.51B for trailing twelve months, representing a surge of 11.42%. 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 82.28 points at the first support level, and at 81.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.93, and for the 2nd resistance point, it is at 84.68.
Ratios To Look Out For
It’s worth pointing out that Canadian Pacific Kansas City Limited [NYSE:CP]’s Current Ratio 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 7.39, the price to book ratio is 2.42 and price to earnings (TTM) ratio is 30.25.
