$2.14M in average volume shows that Canadian Pacific Kansas City Limited (CP) is heading in the right direction

Canadian Pacific Kansas City Limited (NYSE: CP) on Tuesday, plunged -0.98% from the previous trading day, before settling in for the closing price of $87.89. Within the past 52 weeks, CP’s price has moved between $68.92 and $91.58.

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Industrials Sector giant saw their annual sales surged by 11.29% over the last five years. The company achieved an average annual earnings per share of 13.49%. With a float of $932.21 million, this company’s outstanding shares have now reached $932.43 million.

The firm has a total of 18233 workers. Let’s measure their productivity.

Canadian Pacific Kansas City Limited (CP) Insider Activity

Observing investor behavior towards Railroads industry stocks is more important than anything else. The insider ownership of Canadian Pacific Kansas City Limited is 0.02%, while institutional ownership is 75.45%.

Canadian Pacific Kansas City Limited (CP) Earnings and Forecasts

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.87 earnings per share (EPS) for the period topping the consensus outlook (set at $0.83) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 13.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.03% during the next five years compared to 8.14% growth over the previous five years of trading.

Canadian Pacific Kansas City Limited (NYSE: CP) Trading Performance Indicators

Canadian Pacific Kansas City Limited (CP) is currently performing well based on its current performance indicators. A quick ratio of 0.46 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.73. Likewise, its price to free cash flow for the trailing twelve months is 67.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.12, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.82 in one year’s time.

Technical Analysis of Canadian Pacific Kansas City Limited (CP)

Analysing the last 5-days average volume posted by the [Canadian Pacific Kansas City Limited, CP], we can find that recorded value of 1.51 million was lower than the volume posted last year of 2.12 million. As of the previous 9 days, the stock’s Stochastic %D was 20.90%. Additionally, its Average True Range was 1.43.

During the past 100 days, Canadian Pacific Kansas City Limited’s (CP) raw stochastic average was set at 79.78%, which indicates a significant increase from 7.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.09% in the past 14 days, which was lower than the 20.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $85.59, while its 200-day Moving Average is $78.89. Now, the first resistance to watch is $87.58. This is followed by the second major resistance level at $88.13. The third major resistance level sits at $88.60. If the price goes on to break the first support level at $86.56, it is likely to go to the next support level at $86.09. Should the price break the second support level, the third support level stands at $85.54.

Canadian Pacific Kansas City Limited (NYSE: CP) Key Stats

Market capitalization of the company is 81.15 billion based on 932,456K outstanding shares. Right now, sales total 9,301 M and income totals 2,909 M. The company made 2,776 M in profit during its latest quarter, and 751,640 K in sales during its previous quarter.