Canadian Pacific Kansas City Limited (CP) Stock Observes 6.19% 200-Day Moving Average

LTHM Stock

The stock of Canadian Pacific Kansas City Limited (CP) has gone up by 3.08% for the week, with a 9.62% rise in the past month and a 10.82% rise in the past quarter. The volatility ratio for the week is 2.15%, and the volatility levels for the past 30 days are 1.94% for CP. The simple moving average for the past 20 days is 4.13% for CP’s stock, with a 6.19% simple moving average for the past 200 days.

Is It Worth Investing in Canadian Pacific Kansas City Limited (NYSE: CP) Right Now?

Canadian Pacific Kansas City Limited (NYSE: CP) has a higher price-to-earnings ratio of 31.51x compared to its average ratio. CP has 36-month beta value of 0.96. Analysts have mixed views on the stock, with 12 analysts rating it as a “buy,” 6 as “overweight,” 8 as “hold,” and 0 as “sell.”

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The public float for CP is 932.90M, and currently, short sellers hold a 0.82% ratio of that float. The average trading volume of CP on September 18, 2024 was 1.92M shares.

CP) stock’s latest price update

The stock of Canadian Pacific Kansas City Limited (NYSE: CP) has decreased by -0.73 when compared to last closing price of 87.28.Despite this, the company has seen a gain of 3.08% in its stock price over the last five trading days. prnewswire.com reported 2024-09-17 that CALGARY, AB, Sept. 17, 2024 /PRNewswire/ – Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) (CPKC) announced today the appointment of Arturo Gutiérrez Hernández to the CPKC Board of Directors, effective on Nov. 1, 2024.

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 6.03% 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 -5.39% of loss for the given period.

Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 2.15%, as shares surge +8.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.39% upper at present.

During the last 5 trading sessions, CP rose by +3.08%, which changed the moving average for the period of 200-days by +21.48% in comparison to the 20-day moving average, which settled at $83.55. In addition, Canadian Pacific Kansas City Limited saw 9.59% 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:

  • 0.35 for the present operating margin
  • 0.54 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 6.14.

Currently, EBITDA for the company is 6.47 billion with net debt to EBITDA at 3.04. When we switch over and look at the enterprise to sales, we see a ratio of 7.23. 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

To put it simply, Canadian Pacific Kansas City Limited (CP) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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