For Canadian Pacific Kansas City Limited [CP], Analyst sees a rise to $105. What next?

Canadian Pacific Kansas City Limited [NYSE: CP] plunged by -$0.92 during the normal trading session on while it closed the day at $80.29.

Canadian Pacific Kansas City Limited stock has also loss -0.59% of its value over the past 7 days. However, CP stock has declined by -6.96% in the 3 months of the year. Over the past six months meanwhile, it has gained 12.29% and gained 1.56% year-on date.

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The market cap for CP stock reached $74.89 billion, with 932.71 million shares outstanding and 932.49 million shares in the current float. Compared to the average trading volume of 1.94M shares, CP reached a trading volume of 4135697 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Canadian Pacific Kansas City Limited [CP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CP shares is $93.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CP stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Canadian Pacific Kansas City Limited shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 08, 2024. The new note on the price target was released on March 25, 2024, representing the official price target for Canadian Pacific Kansas City Limited stock.

The Average True Range (ATR) for Canadian Pacific Kansas City Limited is set at 1.73, with the Price to Sales ratio for CP stock in the period of the last 12 months amounting to 7.32. The Price to Book ratio for the last quarter was 2.37, with the Price to Cash per share for the same quarter was set at 0.41. Price to Free Cash Flow for CP in the course of the last twelve months was 61.91 with Quick ratio for the last quarter at 0.43.

CP stock trade performance evaluation

Canadian Pacific Kansas City Limited [CP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.59. With this latest performance, CP shares dropped by -8.47% in over the last four-week period, additionally plugging by 12.29% over the last 6 months – not to mention a drop of -1.29% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CP stock in for the last two-week period is set at 41.03, with the RSI for the last a single of trading hit 39.45, and the three-weeks RSI is set at 42.22 for Canadian Pacific Kansas City Limited [CP]. The present Moving Average for the last 50 days of trading for this stock 84.89, while it was recorded at 81.59 for the last single week of trading, and 79.42 for the last 200 days.

Canadian Pacific Kansas City Limited [CP]: An insightful look at the core fundamentals

Canadian Pacific Kansas City Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.43 and a Current Ratio set at 0.49.

Earnings per share (EPS) analysis for Canadian Pacific Kansas City Limited [CP] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Canadian Pacific Kansas City Limited go to 12.90%.

Canadian Pacific Kansas City Limited [CP]: Institutional Ownership

The top three institutional holders of CP stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in CP stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in CP stock with ownership which is approximately 5.8386%.