EPS for Wayside Technology Group, Inc. (WSTG) Expected At $0.00, Shellback Capital LP Has Trimmed Its Canadian Pac Ry LTD (CP) Position

June 22, 2017 - By Marie Mckinney

Analysts expect Wayside Technology Group, Inc. (NASDAQ:WSTG) to report $0.00 EPS on July, 27. About 606 shares traded. Wayside Technology Group, Inc. (NASDAQ:WSTG) has risen 22.67% since June 22, 2016 and is uptrending. It has outperformed by 5.97% the S&P500.

Shellback Capital Lp decreased Canadian Pac Ry Ltd (CP) stake by 70.12% reported in 2016Q4 SEC filing. Shellback Capital Lp sold 87,500 shares as Canadian Pac Ry Ltd (CP)’s stock rose 4.01%. The Shellback Capital Lp holds 37,282 shares with $5.32 million value, down from 124,782 last quarter. Canadian Pac Ry Ltd now has $23.13B valuation. The stock rose 1.23% or $1.9 reaching $156.98. About 115,810 shares traded. Canadian Pacific Railway Limited (USA) (NYSE:CP) has risen 21.39% since June 22, 2016 and is uptrending. It has outperformed by 4.69% the S&P500.

Shellback Capital Lp increased Priceline Grp Inc (NASDAQ:PCLN) stake by 15,300 shares to 21,300 valued at $31.23M in 2016Q4. It also upped Ulta Salon Cosmetcs & Frag I (NASDAQ:ULTA) stake by 10,000 shares and now owns 65,000 shares. Red Rock Resorts Inc was raised too.

Analysts await Canadian Pacific Railway Limited (USA) (NYSE:CP) to report earnings on July, 19. They expect $1.95 earnings per share, up 22.64% or $0.36 from last year’s $1.59 per share. CP’s profit will be $287.32 million for 20.13 P/E if the $1.95 EPS becomes a reality. After $1.90 actual earnings per share reported by Canadian Pacific Railway Limited (USA) for the previous quarter, Wall Street now forecasts 2.63% EPS growth.

Among 20 analysts covering Canadian Pacific (NYSE:CP), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Canadian Pacific had 46 analyst reports since September 30, 2015 according to SRatingsIntel. Goldman Sachs upgraded the stock to “Buy” rating in Wednesday, September 30 report. As per Wednesday, November 18, the company rating was maintained by Credit Suisse. The firm earned “Hold” rating on Thursday, August 4 by Loop Capital. The firm has “Outperform” rating by Raymond James given on Monday, October 17. As per Friday, January 22, the company rating was upgraded by RBC Capital Markets. Loop Capital upgraded the stock to “Buy” rating in Wednesday, January 4 report. On Wednesday, October 21 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The rating was initiated by CLSA on Thursday, May 19 with “Underperform”. The stock of Canadian Pacific Railway Limited (USA) (NYSE:CP) earned “Outperform” rating by Cowen & Co on Wednesday, June 22. The stock has “Hold” rating by Desjardins Securities on Thursday, April 21.

Since May 3, 2017, it had 0 buys, and 1 insider sale for $60,120 activity. The insider Scull Kevin T sold 3,000 shares worth $60,120.

Wayside Technology Group, Inc. is an information technology channel company. The company has market cap of $87.55 million. The Firm distributes software and hardware developed by others through resellers indirectly to clients across the world. It has a 14 P/E ratio. The Firm operates through two divisions: Lifeboat Distribution and TechXtend.