For its third fiscal quarter (ending September 30), Canadian Pacific Railway Ltd (NYSE: CP) has reported E.P.S. of $0.90 compared to $0.84 a year ago. E.P.S. were $3.80 for the latest four quarters through September 30 versus $4.49 for the same period a year ago.
Recent Price Action
On 10/23/24, Canadian Pacific Railway Ltd (NYSE: CP) stock declined modestly by -1.0%, closing at $78.83. Moreover, this decline was accompanied by above average trading volume at 134% of normal. The stock has performed in line with the market over the last nine months and has declined -3.1% during the last week.
Current PriceTarget Research Rating
CP is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Canadian Pacific Railway has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Canadian Pacific Railway has a very high Appreciation Score of 86 but a neutral Power Rating of 45, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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