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How to Buy Canadian Pacific Kansas City Stock

Canadian Pacific Kansas City Ltd

Canadian Pacific Kansas City is a railroad company located in Alberta, Canada, which is part of the Industrials sector, and is traded under the ticker CP on the NYSE exchange.

Canadian Pacific Kansas City stock last closed at $79.83, up 0.69% from the previous day, and has increased 3.97% in one year. It has underperformed other stocks in the Railroads industry by 0.21 percentage points. Canadian Pacific Kansas City stock is currently +15.83% from its 52-week low of $68.92, and -12.83% from its 52-week high of $91.58.

At the moment, there are 932.7M shares of CP outstanding. The market cap of CP is $74.46B. In the past 24 hours, 4.31M CP shares were traded.

How to Buy Canadian Pacific Kansas City Stock

Wondering how to invest in Canadian Pacific Kansas City stock? Here's how.
  1. Choose where to buy Canadian Pacific Kansas City stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Canadian Pacific Kansas City stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Choose your method of payment and add your info.
  4. Analyze Canadian Pacific Kansas City stock: The Canadian Pacific Kansas City ticker symbol is CP. Is Canadian Pacific Kansas City stock a good investment? Should you buy shares of CP? How do CP's underlying business fundamentals look? Do top analysts think Canadian Pacific Kansas City is a good buy? Why has CP's stock price moved recently? (Hint: Our stock market research website can help you evaluate if CP is a good stock to buy).
  5. Place your CP purchase: Decide if you will purchase CP shares at the current market price or use a limit order to buy CP shares at a specific price.
  6. Keep an eye on your investment in CP: Create a watchlist to monitor your new investment in Canadian Pacific Kansas City shares.

Step 1: Choose where to buy Canadian Pacific Kansas City stock

You need an online brokerage account to access the NYSE market and buy CP stock.

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Step 2: Sign up for a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal info so you can buy CP stock today.

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Step 3: Deposit money your brokerage account

Now that you've filled out your info on the stocks app, you can securely and quickly fund your account:

Watch the video below for more details transferring money into your brokerage account.

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Step 4: Analyze Canadian Pacific Kansas City stock

Once you have decided on the best place to buy Canadian Pacific Kansas City stock, it's very important to research their stock before you buy, so you can comprehend the risk as well as the opportunity.

Canadian Pacific Kansas City Metrics

CP Price
$79.83
1w %
-2.72%
1y %
3.97%
5y %
78.59%
P/E
26.29x
P/B
2.4x
P/S
7.44x
PEG
1.07x
Revenue
$10.01B
Earnings
$2.83B
Fore. Rev. Growth
7.41%
Fore. Earn. Growth
24.58%
Market Cap
$74.46B
Next Earnings
Jul 25, 2024
Next Dividend
Jul 29, 2024

Canadian Pacific Kansas City Fundamentals

WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on CP's stock page.

Is CP stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge CP's true value.

Using relative valuations measures:

  • CP could be overvalued based on its P/E ratio of 26.29x, relative to Railroads industry P/E ratio of 24.37x
  • CP may be undervalued based on its P/B ratio of 2.4x, relative to Railroads industry P/B ratio of 4.53x
  • CP could be overvalued based on its PEG ratio of 1.07x

You can do additional valuation analysis on CP's stock here.

CP Financial Health

Signs that CP is financially healthy:

  • Total CP debt is lower than 5 years ago, relative to shareholder equity.

Signs that CP is not financially healthy:

  • CP profit margin has gone down from 40.3% to 28.3% in the past year.
  • There are more long-term liabilities than short-term assets on the CP balance sheet.
  • CP earnings of -$1.56B is not sufficient to cover its interest payments.
  • There are more short-term liabilities than short-term assets on the CP balance sheet.
  • CP's operating cash flow of $3.09B allows it to safely service it's debt of $16.47B.
  • CP has a relatively high debt to equity ratio of 0.89.

Is Canadian Pacific Kansas City stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 10 Wall Street analysts who give ratings on CP, the consensus analyst rating on Canadian Pacific Kansas City is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

Latest CP Analyst Upgrades/Downgrades

Stephanie Moore, a top 47% analyst from Jefferies initiates coverage on CP with a strong buy rating and announces their CP price target of $105.00, on Apr 8, 2024.

Brandon Oglenski, a top 22% analyst from Barclays maintains CP with a strong buy rating and raises their CP price target from $90.00 to $96.00, on Apr 4, 2024.

Cameron Doerksen, a bottom 23% analyst from National Bank Financial Inc maintains CP with a hold rating and raises their CP price target from $112.00 to $121.00, on Apr 4, 2024.

Brian Ossenbeck, a top 19% analyst from JP Morgan maintains CP with a strong buy rating and lowers their CP price target from $121.00 to $116.00, on Dec 21, 2023.

Amit Mehrotra, a top 15% analyst from Deutsche Bank downgrades CP to a hold rating and lowers their CP price target from $85.00 to $77.00, on Nov 27, 2023.

You can dive deeper into what analysts are saying on the Canadian Pacific Kansas City stock forecast page.

CP Momentum

SMA10
81.11
SMA20
80.86
SMA50
84.45
SMA100
83.76
SMA200
79.41
MACD
-0.98
MACD Signal
-0.99
MACD Histogram
0.01
RSI
40.54
Stochastic %K
14.85
Stochastic %D
32.69
StochRSI %K
19.14
StochRSI %D
38.61

CP Performance Numbers

Last year, CP earnings were $2.83B. Over the last five year, CP's earnings have grown by 7.38% per year. This was faster than the Railroads industry average of 5.17%.

Last year, CP revenue was $10.01B. In the last five year, CP's revenue has grown by 12.72% per year. This was faster than the Railroads industry average of 4.54%.

You can research CP's earnings and revenue performance here.

Latest Insiders Trades at CP

In the last year, executives and large shareholders at CP have not bought or sold any shares.

Learn more about who owns CP shares here.

Does CP stock generate passive income?

Canadian Pacific Kansas City pays a dividend of 0.77%, compared to the Railroads industry's average dividend yield of 1.9%. If you owned $1,000 of CP stock, you would have received $7.75 in the past year.

Canadian Pacific Kansas City dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more analysis about Canadian Pacific Kansas City dividend yield and history here.

What do other investors have to say about CP?

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Step 5: Place your CP purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Click the Open Trade button and your broker will execute the order.

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Step 6: Keep an eye on your investment in CP

Now that you own some shares in CP, you'll want to stay up-to-date on your new investment.

Put CP on a watchlist to keep track of your CP stock.

CP Feed

How to Buy Stock in Canadian Pacific Kansas City

To reiterate, here are the 6 steps to buy stock in Canadian Pacific Kansas City:

  1. Choose where to buy Canadian Pacific Kansas City stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Canadian Pacific Kansas City stock
  5. Place your CP purchase
  6. Keep an eye on your investment in CP

If you need a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Canadian Pacific Kansas City, create a watchlist on WallStreetZen today.

NYSE: CP
$79.83+0.55 (+0.69%)
Updated May 24, 2024
Open eToro Account
NYSE: CP
$79.83+0.55 (+0.69%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Canadian Pacific Kansas City share?

As of May 24, 2024, it costs $79.83 to buy one share of Canadian Pacific Kansas City stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.125 shares of CP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Canadian Pacific Kansas City stock?

According to 10 Wall Street analysts who monitor Canadian Pacific Kansas City, their consensus recommendation is to buy Canadian Pacific Kansas City stock.

What is the best way to buy Canadian Pacific Kansas City stock?

One way to place an order for Canadian Pacific Kansas City stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.