Canadian National Railway Co. (NYSE: CNI) kicked off on Friday, down -0.72% from the previous trading day, before settling in for the closing price of $114.44. Over the past 52 weeks, CNI has traded in a range of $103.96-$134.02.
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Annual sales at Industrials sector company grew by 2.83% over the past five years. While this was happening, its average annual earnings per share was recorded 1.64%. With a float of $609.40 million, this company’s outstanding shares have now reached $642.70 million.
Let’s look at the performance matrix of the company that is accounted for 24987 employees. In terms of profitability, gross margin is 42.9%, operating margin of 38.1%, and the pretax margin is 36.53%.
Canadian National Railway Co. (CNI) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Railroads Industry. The insider ownership of Canadian National Railway Co. is 3.19%, while institutional ownership is 71.82%.
Canadian National Railway Co. (CNI) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.26 earnings per share (EPS), lower than consensus estimate (set at 1.28) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.52 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.65% during the next five years compared to 6.82% growth over the previous five years of trading.
Canadian National Railway Co. (NYSE: CNI) Trading Performance Indicators
Take a look at Canadian National Railway Co.’s (CNI) current performance indicators. Last quarter, stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.69. Likewise, its price to free cash flow for the trailing twelve months is 27.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.23, a number that is poised to hit 1.23 in the next quarter and is forecasted to reach 6.07 in one year’s time.
Technical Analysis of Canadian National Railway Co. (CNI)
Canadian National Railway Co. (NYSE: CNI) saw its 5-day average volume 1.2 million, a positive change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 50.04%. Additionally, its Average True Range was 1.75.
During the past 100 days, Canadian National Railway Co.’s (CNI) raw stochastic average was set at 23.85%, which indicates a significant increase from 22.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.18% in the past 14 days, which was lower than the 18.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $115.80, while its 200-day Moving Average is $122.50. Nevertheless, the first resistance level for the watch stands at $114.72 in the near term. At $115.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $116.66. If the price goes on to break the first support level at $112.78, it is likely to go to the next support level at $111.95. The third support level lies at $110.84 if the price breaches the second support level.
Canadian National Railway Co. (NYSE: CNI) Key Stats
The company with the Market Capitalisation of 71.52 billion has total of 632,411K Shares Outstanding. Its annual sales at the moment are 12,466 M in contrast with the sum of 4,167 M annual income. Company’s last quarter sales were recorded 3,163 M and last quarter income was 814,000 K.
