Norfolk Southern Corp (NSC) 20 Days SMA touches -0.03%: The odds favor the bear

Norfolk Southern Corp (NYSE: NSC) on Tuesday, plunged -0.96% from the previous trading day, before settling in for the closing price of $262.22. Within the past 52 weeks, NSC’s price has moved between $206.71 and $277.60.

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Industrials Sector giant saw their annual sales surged by 1.77% over the last five years. The company achieved an average annual earnings per share of 1.04%. With a float of $226.09 million, this company’s outstanding shares have now reached $226.24 million.

The firm has a total of 20700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 38.36%, operating margin of 26.92%, and the pretax margin is 25.07%.

Norfolk Southern Corp (NSC) Insider Activity

Observing investor behavior towards Railroads industry stocks is more important than anything else. The insider ownership of Norfolk Southern Corp is 0.07%, while institutional ownership is 76.79%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 1.04% 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

Norfolk Southern Corp (NSC) is currently performing well based on its current performance indicators. A quick ratio of 0.65 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.83.

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)

Analysing the last 5-days average volume posted by the [Norfolk Southern Corp, NSC], we can find that recorded value of 0.98 million was lower than the volume posted last year of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 23.53%. Additionally, its Average True Range was 6.06.

During the past 100 days, Norfolk Southern Corp’s (NSC) raw stochastic average was set at 73.18%, which indicates a significant increase from 43.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.80% in the past 14 days, which was higher than the 30.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $253.14, while its 200-day Moving Average is $242.93. Now, the first resistance to watch is $261.54. This is followed by the second major resistance level at $263.37. The third major resistance level sits at $265.42. If the price goes on to break the first support level at $257.66, it is likely to go to the next support level at $255.61. Should the price break the second support level, the third support level stands at $253.78.

Norfolk Southern Corp (NYSE: NSC) Key Stats

Market capitalization of the company is 58.76 billion based on 226,240K outstanding shares. Right now, sales total 12,156 M and income totals 1,827 M. The company made 3,051 M in profit during its latest quarter, and 1,099 M in sales during its previous quarter.