A new trading day began on Tuesday, with Canadian National Railway Co. (NYSE: CNI) stock price down -0.83% from the previous day of trading, before settling in for the closing price of $111.21. CNI’s price has ranged from $105.17 to $134.02 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 2.83%. Meanwhile, its annual earnings per share averaged 2.25%. With a float of $608.72 million, this company’s outstanding shares have now reached $642.70 million.
Let’s determine the extent of company efficiency that accounts for 24987 employees. In terms of profitability, gross margin is 42.69%, operating margin of 37.84%, and the pretax margin is 36.06%.
Canadian National Railway Co. (CNI) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Railroads Industry. The insider ownership of Canadian National Railway Co. is 3.19%, while institutional ownership is 71.90%.
Canadian National Railway Co. (CNI) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.47 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.60% 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
Here are Canadian National Railway Co.’s current performance indicators. According to the last quarter’s results, the 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 5.52. Likewise, its price to free cash flow for the trailing twelve months is 26.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.23, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 6.02 in one year’s time.
Technical Analysis of Canadian National Railway Co. (CNI)
Looking closely at Canadian National Railway Co. (NYSE: CNI), its last 5-days average volume was 1.47 million, which is a jump from its year-to-date volume of 1.11 million. As of the previous 9 days, the stock’s Stochastic %D was 9.31%. Additionally, its Average True Range was 1.74.
During the past 100 days, Canadian National Railway Co.’s (CNI) raw stochastic average was set at 6.60%, which indicates a significant increase from 1.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.48% in the past 14 days, which was lower than the 17.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $115.73, while its 200-day Moving Average is $122.02. However, in the short run, Canadian National Railway Co.’s stock first resistance to watch stands at $111.14. Second resistance stands at $111.98. The third major resistance level sits at $112.45. If the price goes on to break the first support level at $109.83, it is likely to go to the next support level at $109.36. Should the price break the second support level, the third support level stands at $108.52.
Canadian National Railway Co. (NYSE: CNI) Key Stats
With a market capitalization of 69.35 billion, the company has a total of 628,800K Shares Outstanding. Currently, annual sales are 12,466 M while annual income is 4,167 M. The company’s previous quarter sales were 3,013 M while its latest quarter income was 795,310 K.
