With 5.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.49 million shares. The 52-week range on CP shows that it touched its highest point at $87.72 and its lowest point at $66.49 during that stretch. It currently has a 1-year price target of $88.39. With its current market cap of 73.07 billion, CP has annualized dividend of $0.54 while the current yield stands at 0.69%. Beta for the stock currently stands at 1.08.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CP was up-trending over the past week, with a rise of 6.93%, but this was up by 6.77% over a month. Three-month performance surged to 0.11% while six-month performance fell -0.36%. The stock lost -4.86% in the past year, while it has gained 8.51% so far this year. A look at the trailing 12-month EPS for CP yields 3.26 with Next year EPS estimates of 3.92. For the next quarter, that number is 0.82. This implies an EPS growth rate of 11.96% for this year and 14.80% for next year. EPS is expected to grow by 13.32% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.85%.
Float and Shares Shorts:
At present, 930.40 million CP shares are outstanding with a float of 930.02 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CP since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.40799 being high and $4.05592 being low. For CP, this leads to a yearly average estimate of $4.21083.
