Canadian Pacific Railway Stock Today
| CP Stock | USD 84.68 0.74 0.88% |
Performance9 of 100
| Odds Of DistressLess than 24
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Canadian Pacific is selling at 84.68 as of the 20th of April 2024; that is 0.88 percent increase since the beginning of the trading day. The stock's last reported lowest price was 83.91. Canadian Pacific has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Canadian Pacific Railway are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 30th of December 1983 | Category Industrials |
Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. Canadian Pacific Railway Limited was incorporated in 1881 and is headquartered in Calgary, Canada. Canadian Pacific is traded on New York Stock Exchange in the United States.. The company has 932.55 M outstanding shares of which 17.86 M shares are currently sold short in the market by investors with about 9.74 days to cover all shorted shares. More on Canadian Pacific Railway
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Canadian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Pacific's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Pacific or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Canadian Pacific's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Pacific's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO, Director | Hunter Harrison | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Transportation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Ground Transportation, Transportation, Industrials, NYSE Composite, SP TSX Composite, Industrials, Ground Transportation, Railroads, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Canadian Pacific report their recommendations after researching Canadian Pacific's financial statements, talking to executives and customers, or listening in on Canadian Pacific's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Canadian Pacific Railway. The Canadian consensus assessment is calculated by taking the average forecast from all of the analysts covering Canadian Pacific. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Canadian Pacific's historical financial statements, Canadian Pacific Railway is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in May. Financial strength of Canadian Pacific Railway is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Canadian Pacific's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Pacific's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Pacific's financial leverage. It provides some insight into what part of Canadian Pacific's total assets is financed by creditors.
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Canadian Pacific Railway (CP) is traded on New York Stock Exchange in USA. It is located in 7550 Ogden Dale Road S.E., Calgary, AB, Canada, T2C 4X9 and employs 19,927 people. Canadian Pacific is listed under Ground Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 78.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Pacific's market, we take the total number of its shares issued and multiply it by Canadian Pacific's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Pacific Railway is active under Ground Transportation sector as part of Industrials industry. The entity has 932.55 M outstanding shares of which 17.86 M shares are currently sold short in the market by investors with about 9.74 days to cover all shorted shares.
Canadian Pacific Railway reports about 138 M in cash with 4.14 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check Canadian Pacific Probability Of Bankruptcy
Ownership AllocationCanadian Pacific holds a total of 932.55 Million outstanding shares. The majority of Canadian Pacific Railway outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Canadian Pacific Railway to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Canadian Pacific. Please pay attention to any change in the institutional holdings of Canadian Pacific Railway as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canadian Ownership Details
Canadian Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Canadian Pacific jumping above the current price in 90 days from now is about 56.15%. The Canadian Pacific Railway probability density function shows the probability of Canadian Pacific stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.2508 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Canadian Pacific will likely underperform. Additionally, canadian Pacific Railway has an alpha of 0.069, implying that it can generate a 0.069 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Canadian Pacific to move above the current price in 90 days from now is about 56.15 (This Canadian Pacific Railway probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .
Canadian Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Canadian Pacific that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canadian Pacific's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canadian Pacific's value.| Instituion | Recorded On | Shares | |
| Mackenzie Investments | 2023-12-31 | 14.2 M | |
| Veritas Asset Management Llp | 2023-12-31 | 13.4 M | |
| 1832 Asset Management L.p | 2023-12-31 | 13.4 M | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 13 M | |
| Norges Bank | 2023-12-31 | 12.4 M | |
| Manufacturers Life Insurance Co | 2023-12-31 | 12 M | |
| Egerton Capital Llp | 2023-12-31 | 11.4 M | |
| Sustainable Growth Advisers, Lp | 2023-12-31 | 10.1 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 9.7 M | |
| Tci Fund Management Limited | 2023-12-31 | 55.5 M | |
| Royal Bank Of Canada | 2023-12-31 | 52 M |
Canadian Pacific Historical Income Statement
Canadian Pacific Railway Income Statement is one of the three primary financial statements used for reporting Canadian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canadian Pacific Railway revenue and expense. Canadian Pacific Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Canadian Pacific's Net Income is relatively stable compared to the past year. As of 04/20/2024, Net Income From Continuing Ops is likely to grow to about 4.4 B, while Total Operating Expenses is likely to drop slightly above 1.6 B. View More FundamentalsCanadian Stock Against Markets
Picking the right benchmark for Canadian Pacific stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canadian Pacific stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canadian Pacific is critical whether you are bullish or bearish towards Canadian Pacific Railway at a given time. Please also check how Canadian Pacific's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Canadian Pacific without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Canadian Pacific Corporate Directors
Canadian Pacific corporate directors refer to members of a Canadian Pacific board of directors. The board of directors generally takes responsibility for the Canadian Pacific's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canadian Pacific's board members must vote for the resolution. The Canadian Pacific board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andrew Reardon | Independent Director | Profile | |
| Gillian Denham | Independent Director | Profile | |
| Jill Denham | Director | Profile | |
| Jane Peverett | Independent Director | Profile |
How to buy Canadian Stock?
Before investing in Canadian Pacific, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canadian Pacific. To buy Canadian Pacific stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Pacific. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Canadian Pacific stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canadian Pacific Railway stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Canadian Pacific Railway stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canadian Pacific Railway, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Canadian Stock please use our How to Invest in Canadian Pacific guide.
Already Invested in Canadian Pacific Railway?
The danger of trading Canadian Pacific Railway is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian Pacific is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian Pacific. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Pacific Railway is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Canadian Pacific Railway is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Pacific Railway Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Pacific Railway Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Canadian Pacific's price analysis, check to measure Canadian Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Pacific is operating at the current time. Most of Canadian Pacific's value examination focuses on studying past and present price action to predict the probability of Canadian Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Pacific's price. Additionally, you may evaluate how the addition of Canadian Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Pacific. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Dividend Share 0.76 | Earnings Share 3.06 | Revenue Per Share 13.481 | Quarterly Revenue Growth 0.534 |
The market value of Canadian Pacific Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Pacific's value that differs from its market value or its book value, called intrinsic value, which is Canadian Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Pacific's market value can be influenced by many factors that don't directly affect Canadian Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.