Canadian Pacific Kansas City Limited (NYSE: CP) has a price-to-earnings ratio of 29.05x that is above its average ratio. Additionally, the 36-month beta value for CP is 0.97. 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 932.23M and currently, short sellers hold a 0.78% ratio of that float. The average trading volume of CP on August 21, 2024 was 2.14M shares.
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
CP) stock’s latest price update
The stock price of Canadian Pacific Kansas City Limited (NYSE: CP) has jumped by 0.71 compared to previous close of 79.31. Despite this, the company has seen a gain of 2.36% in its stock price over the last five trading days. reuters.com reported 2024-08-18 that The Teamsters Union in Canada on Sunday said it has been served a 72-hours notice to withdraw its services for Canadian Pacific Kansas City.
CP’s Market Performance
CP’s stock has risen by 2.36% in the past week, with a monthly drop of -2.59% and a quarterly drop of -1.65%. The volatility ratio for the week is 1.40% while the volatility levels for the last 30 days are 2.02% for Canadian Pacific Kansas City Limited The simple moving average for the past 20 days is 0.47% for CP’s stock, with a -0.82% simple moving average for the past 200 days.
Analysts’ Opinion of CP
Wells Fargo, on the other hand, stated in their research note that they expect to see CP reach a price target of $90. The rating they have provided for CP stocks is “Overweight” according to the report published on June 07th, 2024.
Jefferies gave a rating of “Buy” to CP, setting the target price at $105 in the report published on April 08th of the current year.
CP Trading at 0.08% 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 -12.79% of loss for the given period.
Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 1.40%, as shares sank -1.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.34% upper at present.
During the last 5 trading sessions, CP rose by +2.60%, which changed the moving average for the period of 200-days by +9.09% in comparison to the 20-day moving average, which settled at $79.45. In addition, Canadian Pacific Kansas City Limited saw 1.02% 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:
- 0.36 for the present operating margin
- 0.51 for the gross margin
The net margin for Canadian Pacific Kansas City Limited stands at 0.24. The total capital return value is set at 0.07. Equity return is now at value 8.24, with 4.27 for asset returns.
Based on Canadian Pacific Kansas City Limited (CP), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 6.28.
Currently, EBITDA for the company is 6.47 billion with net debt to EBITDA at 3.05. When we switch over and look at the enterprise to sales, we see a ratio of 6.78. The receivables turnover for the company is 7.52for 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 0.51.
Conclusion
In conclusion, Canadian Pacific Kansas City Limited (CP) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
