|Bid||206.90 x 4600|
|Ask||211.00 x 4500|
|Day's Range||204.05 - 208.00|
|52 Week Range||149.51 - 208.00|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||16.66|
|Forward Dividend & Yield||2.20 (1.14%)|
|1y Target Est||N/A|
Downtrend in US Rail Traffic Persisted for 19th Consecutive Week(Continued from Prior Part)Canadian Pacific Railway Canadian Pacific Railway (CP) recorded a strong YoY (year-over-year) improvement in its overall rail traffic in Week 22, which ended
Canadian Pacific (NYSE: CP) moved record amounts of grain and grain products in May out of the port of Vancouver. The railway moved 15 million metric tonnes of grain for export through Vancouver in May, breaking the record set in May 2017 by 5 percent, the company said on June 4. Since the start of the 2018-2019 crop year, CP has moved 22.5 million metric tonnes of Canadian grain and grain products.
US Rail Traffic Downtrend Persisted for the 18th Straight Week(Continued from Prior Part)CP’s rail trafficCanadian Pacific Railway (CP) was the only Class I railroad company that recorded a YoY (year-over-year) improvement in its overall rail
US Rail Traffic Fell in Week 20 Due to Intermodal Weakness(Continued from Prior Part)Canadian Pacific’s rail trafficCanadian Pacific Railway (CP) recorded a 2.8% YoY (year-over-year) improvement in its overall rail traffic in Week 20. The company
Canadian Pacific Hit 52-Week High: What’s Driving the Rally?(Continued from Prior Part)Strong upside potentialAnalysts polled by Reuters see massive upside potential in Canadian Pacific (CP) stock over the next year. Analysts covering the stock
Canadian Pacific Hit 52-Week High: What’s Driving the Rally?CP stock hit new highsCanadian Pacific (CP) stock attained a new 52-week high of $229.86 on May 17 before closing trade a tad lower at $228.72. The stock of this second-largest Canadian
Downtrend in US Rail Traffic Persisted for 16th Straight Week(Continued from Prior Part)CP’s rail traffic increasedCanadian Pacific Railway (CP) registered a 0.1% YoY (year-over-year) improvement in its overall rail traffic in Week 19. The company
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
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.
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,
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 .
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 ...
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 ...
Market Voices – for a number of market experts. 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. Six of the major North American freight railroads begin reporting their first quarter 2019 results in the near-term.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** In an interview, CEO Neil Bruce ...
A Canadian Pacific Railway train was parked for a change of crew when it unexpectedly rolled down a steep embankment in British Columbia's Rocky Mountains on Monday, killing three crew members, a transport regulator said. The train, hauling 112 cars of grain, was parked for two hours at the last station before a tunnel near Field, B.C., to allow a new crew to replace one that was near its maximum hours of service, Transportation Safety Board (TSB) senior investigator James Carmichael said on Tuesday. Canadian Pacific could not be immediately reached.
Three crew members died on Monday when a Canadian Pacific Railway Ltd grain train derailed in British Columbia, a Transportation Safety Board spokesman said. The accident occurred at 2:10 a.m. local time ...
Warning! GuruFocus has detected 2 Warning Sign with CL. The stock was trading around $65.2 per share on Friday for a market capitalization of $32 billion. The stock has a price-book ratio of 3.54, a price-sales ratio of 1.23 and a price-earnings ratio of 14.75 compared to industry medians of 1.43, 1.22 and 17.27.
The rail company was able to post its best-ever adjusted earnings results thanks to some incredible operating efficiency.
In the fight to have the lowest operating ratio (OR) among Class 1 railroads, Canadian Pacific Railway Limited (NYSE: CP) just took first prize. The company, in announcing its fourth quarter 2018 earnings Wednesday, said it had an OR of 56.5 percent during that period. Its revenues were up 17 percent from the fourth quarter of 2017, to C$2 billion (U.S. $1.5 billion) from C$1.7 billion.