Canadian Pacific Kansas City Limited (NYSE: CP)’s stock price has gone decline by -0.28 in comparison to its previous close of 81.52, however, the company has experienced a 3.65% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-25 that Freight revenues increase 54.6% year over year at Canadian Pacific KC (CP) in Q1.
Is It Worth Investing in Canadian Pacific Kansas City Limited (NYSE: CP) Right Now?
The price-to-earnings ratio for Canadian Pacific Kansas City Limited (NYSE: CP) is above average at 26.24x. The 36-month beta value for CP is also noteworthy at 0.98. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 6 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
The public float for CP is 932.49M, and at present, short sellers hold a 1.10% of that float. The average trading volume of CP on May 08, 2024 was 2.00M shares.
CP’s Market Performance
CP’s stock has seen a 3.65% increase for the week, with a -8.04% drop in the past month and a -3.55% fall in the past quarter. The volatility ratio for the week is 3.38%, and the volatility levels for the past 30 days are at 2.59% for Canadian Pacific Kansas City Limited. The simple moving average for the past 20 days is -2.64% for CP’s stock, with a 2.33% simple moving average for the past 200 days.
Analysts’ Opinion of CP
Many brokerage firms have already submitted their reports for CP stocks, with Jefferies repeating the rating for CP by listing it as a “Buy.” The predicted price for CP in the upcoming period, according to Jefferies is $105 based on the research report published on April 08, 2024 of the current year 2024.
CP Trading at -5.76% from the 50-Day Moving Average
After a stumble in the market that brought CP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.24% of loss for the given period.
Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares sank -8.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.12% lower at present.
During the last 5 trading sessions, CP rose by +3.65%, which changed the moving average for the period of 200-days by -0.17% in comparison to the 20-day moving average, which settled at $83.10. In addition, Canadian Pacific Kansas City Limited saw 2.82% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CP
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.5 for the gross margin
The net margin for Canadian Pacific Kansas City Limited stands at 0.28. The total capital return value is set at 0.06. Equity return is now at value 9.51, with 5.05 for asset returns.
Based on Canadian Pacific Kansas City Limited (CP), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is 5.72.
Currently, EBITDA for the company is 6.47 billion with net debt to EBITDA at 3.25. When we switch over and look at the enterprise to sales, we see a ratio of 9.15. The receivables turnover for the company is 7.11for trailing twelve months and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.49.
Conclusion
In summary, Canadian Pacific Kansas City Limited (CP) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
