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 $87.72, up 1.5% from the previous day, and has increased 7.9% in one year. It has underperformed other stocks in the Railroads industry by 0.12 percentage points. Canadian Pacific Kansas City stock is currently +27.28% from its 52-week low of $68.92, and -4.21% from its 52-week high of $91.58.
At the moment, there are 932.43M shares of CP outstanding. The market cap of CP is $81.79B. In the past 24 hours, 3.11M 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.
- 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.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- 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).
- 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.
- 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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Open eToro AccountStep 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.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
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.
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
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 28.06x, relative to Railroads industry P/E ratio of 24.34x
- CP may be undervalued based on its P/B ratio of 2.66x, relative to Railroads industry P/B ratio of 4.7x
- CP could be overvalued based on its PEG ratio of 1.2x
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 39.9% to 31.3% in the past year.
- There are more long-term liabilities than short-term assets on the CP balance sheet.
- CP earnings of -$1.69B 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 $3.06B allows it to safely service it's debt of $16.66B.
- CP has a relatively high debt to equity ratio of 0.9.
Is Canadian Pacific Kansas City stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 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
Bascome Majors, a top 24% analyst from Susquehanna maintains CP with a hold rating and lowers their CP price target from $85.00 to $84.00, on Mar 28, 2024.
Brian Ossenbeck, a top 11% 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 14% 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
CP Performance Numbers
Last year, CP earnings were $2.91B. Over the last five year, CP's earnings have grown by 9.43% per year. This was faster than the Railroads industry average of 5.55%.
Last year, CP revenue was $9.30B. In the last five year, CP's revenue has grown by 11.74% per year. This was faster than the Railroads industry average of 4.49%.
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 0.7%, compared to the Railroads industry's average dividend yield of 1.9%. If you owned $1,000 of CP stock, you would have received $7.05 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?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
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.
If you require additional help investing in stocks on eToro, watch the how to video below:
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:
- Choose where to buy Canadian Pacific Kansas City stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze Canadian Pacific Kansas City stock
- Place your CP purchase
- Keep an eye on your investment in CP
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Canadian Pacific Kansas City, create a watchlist on WallStreetZen today.
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