Is Canadian Pacific Kansas City Limited (CP) Stock a Good Buy for Short-term Investors?

At the time of writing, Canadian Pacific Kansas City Limited [CP] stock is trading at $73.38, up 0.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CP shares have lost -0.19% over the last week, with a monthly amount drifted -4.32%, and not 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 October 24, 2024, when Susquehanna upgraded its rating to a Positive but kept the price target unchanged to $92 for it. Previously, Citigroup started tracking the stock with Buy rating on October 09, 2024, and set its price target to $97. On July 10, 2024, upgrade upgraded it’s rating to Sector Outperform. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $90 on June 07, 2024. Jefferies initiated its recommendation with a Buy and recommended $105 as its price target on April 08, 2024. Scotiabank downgraded its rating to Sector Perform for this stock on March 25, 2024. In a note dated January 08, 2024, TD Securities downgraded an Hold rating on this stock.

For the past year, the stock price of Canadian Pacific Kansas City Limited fluctuated between $70.89 and $91.58. Currently, Wall Street analysts expect the stock to reach $94.56 within the next 12 months. Canadian Pacific Kansas City Limited [NYSE: CP] shares were valued at $73.38 at the most recent close of the market. An investor can expect a potential return of 28.86% based on the average CP price forecast.

Analyzing the CP fundamentals

According to Canadian Pacific Kansas City Limited [NYSE:CP], the company’s sales were 10.62B for trailing twelve months, which represents an 4.52% jump. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.25%. 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 0.5.

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 72.87 points at the first support level, and at 72.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.67, and for the 2nd resistance point, it is at 73.95.

Ratios To Look Out For

It is important to note that Canadian Pacific Kansas City Limited [NYSE:CP] has a current ratio of 0.53. As well, the Quick Ratio is 0.46, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 6.45, the price to book ratio is 2.10 and price to earnings (TTM) ratio is 26.37.

Related Posts