Canadian National Railway Co (CNI) kicked off at the price of $109.64: Venture capitalists have an exciting new opportunity

Canadian National Railway Co (NYSE: CNI) kicked off on Tuesday, down -1.91% from the previous trading day, before settling in for the closing price of $111.78. Over the past 52 weeks, CNI has traded in a range of $105.28-$134.02.

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Industrials Sector giant saw their annual sales surged by 2.83% over the last five years. While this was happening, its average annual earnings per share was recorded 1.78%. With a float of $608.71 million, this company’s outstanding shares have now reached $642.70 million.

The firm has a total of 24987 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock

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 69.67%.

Canadian National Railway Co (CNI) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 2.02 earnings per share (EPS), higher than consensus estimate (set at 1.98) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.86 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.78% 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

Take a look at Canadian National Railway Co’s (CNI) current performance indicators. Last quarter, stock had a quick ratio of 0.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.47. Likewise, its price to free cash flow for the trailing twelve months is 26.53.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.23, a number that is poised to hit 1.49 in the next quarter and is forecasted to reach 5.92 in one year’s time.

Technical Analysis of Canadian National Railway Co (CNI)

Analysing the last 5-days average volume posted by the [Canadian National Railway Co, CNI], we can find that recorded value of 1.33 million was better than the volume posted last year of 1.13 million. As of the previous 9 days, the stock’s Stochastic %D was 73.08%. Additionally, its Average True Range was 2.10.

During the past 100 days, Canadian National Railway Co’s (CNI) raw stochastic average was set at 23.34%, which indicates a significant decrease from 49.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.70% in the past 14 days, which was higher than the 19.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $112.76, while its 200-day Moving Average is $120.43. Now, the first resistance to watch is $111.01. This is followed by the second major resistance level at $112.39. The third major resistance level sits at $113.84. If the price goes on to break the first support level at $108.18, it is likely to go to the next support level at $106.73. Now, if the price goes above the second support level, the third support stands at $105.35.

Canadian National Railway Co (NYSE: CNI) Key Stats

The company with the Market Capitalisation of 68.94 billion has total of 629,780K 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 3,013 M and last quarter income was 795,310 K.