|Bid||307.97 x 0|
|Ask||307.99 x 0|
|Day's Range||304.51 - 309.50|
|52 Week Range||228.35 - 309.50|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||21.52|
|Forward Dividend & Yield||2.60 (0.87%)|
|1y Target Est||N/A|
Jim Blaze is a railroad career economist with an engineering background and a strategic analysis outlook. Jim's career spans 21 years with Consolidated Rail Corporation (CONRAIL), 17 years with the rail engineering firm Zeta Tech Associates, 7 years with the State of Illinois Department of Transportation in Chicago urban goods movement research, and two years studying what to do with the seven bankrupt and unrecognizable Northeast railroads at the federal agency USRA. Now primarily a teacher and writer, Jim likes to focus on contrarian aspects of the railroad industry.
US Rail Traffic Downtrend Continued for the 15th Straight Week(Continued from Prior Part)CP’s rail trafficCanadian Pacific Railway (CP) registered a 4.5% YoY (year-over-year) improvement in its overall rail traffic in Week 18. The company hauled
US Rail Traffic Downtrend Continued for the 15th Straight WeekRail traffic fellOn May 8, the Association of American Railroads reported that the overall traffic for US railroad companies had fallen 2% in Week 18, which ended on May 4. Rail companies
Canadian National said on May 8 that it moved an all-time record 2.72 million metric tonnes in April, compared to a three-year average of 2.23 million metric tonnes. Canadian Pacific moved 2.643 million metric tonnes of Canadian grain and grain products in April, an all-time record that beat a previous record from October 2018, the company said on May 3. CP is planning to use 8,500-foot trains to carry a minimum of 134 grain hopper cars, which CP says will carry 20 percent more grain that the 112-car grain trains.
Canadian Pacific Railway Ltd NYSE:CPView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for CP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CP. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CP totaled $191 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. CP credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
US Rail Traffic Weakness Continued for the 14th Week(Continued from Prior Part)Rail trafficCanadian Pacific Railway (CP) registered an 8.7% YoY (year-over-year) improvement in its overall rail traffic in Week 17. The company hauled 56,473 railcars,
US Rail Traffic Weakness Continued for the 14th WeekRail traffic fellOn May 1, the Association of American Railroads revealed that the overall traffic for US railroad companies (XLI) fell 3.3% in Week 17, which ended on April 27. The companies
Even in old age, Berkshire Hathaway chairman and CEO Warren Buffett is willing to learn from others. During his annual shareholder meeting on Saturday, Buffett discussed the lessons one can glean from "precision railroading" legend Hunter Harrison, noting his success at Canadian National Railway , Canadian Pacific Railway , and CSX Corporation .
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we're going to take a look at the well-established Canadian Pacific Railway Limited (T...
Canadian Pacific Railway Ltd (NYSE: CP ) reported first-quarter results Tuesday that were short of already low expectations due to a worse-than-feared impact from adverse weather conditions and significant ...
The major indexes sought direction in afternoon trading, going from a loss to a record high on the Nasdaq today to mild losses again.
Harsh Winter and Derailment Hurt Canadian Pacific’s Q1 Earnings(Continued from Prior Part)Outperformed broader market Canadian Pacific Railway (CP) stock has risen ~23.4% YTD, outperforming the broader market as of April 23. The Dow Jones, the
Harsh Winter and Derailment Hurt Canadian Pacific’s Q1 EarningsMisses expectationsCanadian Pacific Railway (CP) reported lower-than-expected first-quarter 2019 results, as harsh winter conditions disrupted business operations and increased
Weak Intermodal Volumes Dragged Down US Rail Traffic in Week 15(Continued from Prior Part)Rail traffic declinedNorfolk Southern’s (NSC) rail traffic fell 0.6% YoY (year-over-year) in Week 15. The company hauled 155,674 railcars during the week
Futures for Canada's main stock index inched lower on Wednesday, ahead of Bank of Canada's interest rate decision and amid a drop in oil prices and global equities. June futures on the S&P/TSX index were ...
Canadian Pacific Railway Ltd (NYSE: CP ) reports generally positive results in its first quarter Profit up Revenue up Diluted EPS up Total revenue up Operating expenses up First quarter 2019 profit ...
Canadian Pacific Railway Ltd missed analysts' estimates for quarterly profit on Tuesday as the railroad operator spent heavily to combat a harsh winter that impacted its operations. The operations of the second-largest railroad operator in Canada was also hampered in February by a derailment in British Columbia's Rocky Mountains, a busy part of the company's network, killing three crew members. This resulted in its operating ratio, a closely watched productivity metric that measures expenses as a percentage of revenue, to rise 180 basis points to 69.3 percent.
On a per-share basis, the Calgary, Alberta-based company said it had net income of $2.32. Earnings, adjusted for non-recurring gains, came to $2.09 per share. The results did not meet Wall Street expectations. ...
Canadian Pacific Railway Ltd reported a nearly 25 percent jump in quarterly profit on Tuesday, as the country's second-largest railroad operator shipped higher volumes of energy products, chemicals and ...
Weak Intermodal Volumes Dragged Down US Rail Traffic in Week 15(Continued from Prior Part)Rail traffic fallsUnion Pacific’s (UNP) rail traffic fell 0.8% YoY (year-over-year) in Week 15, which ended on April 13. The company hauled 164,273 railcars
Weak Intermodal Volumes Dragged Down US Rail Traffic in Week 15(Continued from Prior Part)Rail traffic Kansas City Southern’s (KSU) overall rail traffic fell 2% in Week 15. The company hauled 42,797 units during the week compared to 43,677 units in
Weak Intermodal Volumes Dragged Down US Rail Traffic in Week 15(Continued from Prior Part)Weak intermodal volumesCSX’s (CSX) overall rail traffic inched up 0.3% YoY (year-over-year) to 125,989 railcars in Week 15 from 125,632 railcars in the same
Weak Intermodal Volumes Dragged Down US Rail Traffic in Week 15(Continued from Prior Part)Rail trafficCanadian Pacific Railway (CP) recorded a 0.7% YoY (year-over-year) improvement in its overall rail traffic in Week 15. The company hauled 55,338
US Rail Traffic in Week 14: Weakness Persisted for the 11th Week(Continued from Prior Part)Intermodal units CSX’s (CSX) total rail traffic inched up 0.4% YoY (year-over-year) to 123,743 railcars in Week 14 from 123,250 railcars in the same week of