Canadian Pacific Kansas City (CP)

• Market cap: $67.3B
• 1 day: -0.62%
• 5 days: 0.19%
• 1 month: -5.50%
• 3 months: -15.70%
• 6 months: -6.95%
• Year to date: -8.79%
• 1 year: -8.79%
• 5 years: 41.73%
• 10 years: 86.62%
• Sector: Industrials
• Industry: Railroads, Line-Haul Operating

About: Canadian Pacific Kansas City is a Class-1 railroad operating on track that spans across most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CP operates new single-line-haul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross border and intra Mexico freight via operating concessions on roughly 3,300 miles of rail in Mexico. CP hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.

Employees: 20,164

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

119% more call options, than puts

Call options by funds: $135M | Put options by funds: $62M

7% more funds holding in top 10

Funds holding in top 10: 45 [Q2] → 48 (+3) [Q3]

6% more capital invested

Capital invested by funds: $53.9B [Q2] → $56.9B (+$2.97B) [Q3]

8% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 85

7% more repeat investments, than reductions

Existing positions increased: 343 | Existing positions reduced: 322

1% more funds holding

Funds holding: 952 [Q2] → 959 (+7) [Q3]

2.03% less ownership

Funds ownership: 73.31% [Q2] → 71.28% (-2.03%) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $81 12% upside
• Avg. target: $88 22% upside
• High target: $92 28% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Citigroup Ariel Rosa 31% 1-year accuracy 8 / 26 met price target	26% upside $91	Buy Maintained	12 Nov 2024
Stephens & Co. Justin Long 82% 1-year accuracy 9 / 11 met price target	12% upside $81	Equal-Weight Maintained	28 Oct 2024
Susquehanna Bascome Majors 55% 1-year accuracy 22 / 40 met price target	28% upside $92	Positive Upgraded	24 Oct 2024
B of A Securities Ken Hoexter 42% 1-year accuracy 20 / 48 met price target	26% upside $91	Buy Maintained	24 Oct 2024
Stifel Benjamin Nolan 36% 1-year accuracy 14 / 39 met price target	14% upside $82	Hold Maintained	11 Oct 2024