A new trading day began on Tuesday, with Norfolk Southern Corp. (NYSE: NSC) stock price down -0.47% from the previous day of trading, before settling in for the closing price of $253.59. NSC’s price has ranged from $184.62 to $263.66 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 1.77%. Meanwhile, its annual earnings per share averaged 0.78%. With a float of $226.09 million, this company’s outstanding shares have now reached $226.24 million.
Considering the fact that the conglomerate employs 20700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 41.93%, operating margin of 26.92%, and the pretax margin is 25.07%.
Norfolk Southern Corp. (NSC) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Railroads Industry. The insider ownership of Norfolk Southern Corp. is 0.07%, while institutional ownership is 76.80%. The most recent insider transaction that took place on Oct 24 ’24, was worth 255,000. In this transaction Director of this company bought 1,000 shares at a rate of $255.00, taking the stock ownership to the 10,000 shares. Before that another transaction happened on Oct 24 ’24, when Company’s Director bought 1,000 for $257.85, making the entire transaction worth $257,850. This insider now owns 4,000 shares in total.
Norfolk Southern Corp. (NSC) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.83 per share, which was $0.1 lower 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 3.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.92% during the next five years compared to -3.35% drop over the previous five years of trading.
Norfolk Southern Corp. (NYSE: NSC) Trading Performance Indicators
Here are Norfolk Southern Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.66, a number that is poised to hit 3.04 in the next quarter and is forecasted to reach 13.57 in one year’s time.
Technical Analysis of Norfolk Southern Corp. (NSC)
Compared to the last year’s volume of 1.26 million, its volume of 1.17 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 38.10%. Additionally, its Average True Range was 5.59.
During the past 100 days, Norfolk Southern Corp.’s (NSC) raw stochastic average was set at 81.62%, which indicates a significant increase from 46.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.41% in the past 14 days, which was higher than the 27.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $249.39, while its 200-day Moving Average is $241.19. Nevertheless, the first resistance level for the watch stands at $255.00 in the near term. At $257.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $259.54. If the price goes on to break the first support level at $250.46, it is likely to go to the next support level at $248.52. Now, if the price goes above the second support level, the third support stands at $245.92.
Norfolk Southern Corp. (NYSE: NSC) Key Stats
With a market capitalization of 57.11 billion, the company has a total of 226,240K Shares Outstanding. Currently, annual sales are 12,156 M while annual income is 1,827 M. The company’s previous quarter sales were 3,051 M while its latest quarter income was 1,099 M.
