Earnings Around the Corner for Canadian Pacific Railway Limited (NYSE:CP)

Earnings is just around the corner for Canadian Pacific Railway Limited (NYSE:CP) as the firm is slated to issue their report on 10/19/2016 8:30:00 AM.  The firm has most recently posted quarter over quarter growth of -9.10% and sales growth of -12.20% quarter over quarter.  

In terms of the trend lines, Canadian Pacific Railway Limited (NYSE:CP) shares are currently -3.04% off of their 52-week high and 57.94% off from the 52-week low point.  The stock is 12.84% from the 200-day moving average and 1.52% from the 50-day average.  The Relative Strength Index for the stock stands at 54.69.

Increased volatility should be expected heading into and immediately after the Canadian Pacific Railway Limited (NYSE:CP) earnings report.  According to the most recent data, the average true range stands at 2.91 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 1.74% and 1.71% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.88.  

Potential Upside

So is there any potential upside for the stock if Canadian Pacific Railway Limited is able to meet or beat earnings?  Analysts, on a consensus basis have a $160.06 on the stock, compared to a recent bid of $152.17.  The average broker recommendation yields a score of 2.30, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  


Heading into the earnings report, 8.06% shares are held by company insiders.  On the institutional front, 67.90% of Canadian Pacific Railway Limited (NYSE:CP) are owned by firms or funds.  Over the past few months, insider transactions have trended -53.91% while institutions saw a change of 2.51% in company stock. 


Year to date, Canadian Pacific Railway Limited (NYSE:CP) holders have seen returns of 20.24%.  Over the past month the stock moved 3.82% and most recently shares over the past five trading days have moved -0.53%.

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