A major move is in the offing as Norfolk Southern Corp (NSC) market cap hits 61.11 billion

On Tuesday, Norfolk Southern Corp (NYSE: NSC) opened lower -0.96% from the last session, before settling in for the closing price of $272.75. Price fluctuations for NSC have ranged from $206.71 to $277.60 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 1.77% over the last five years. Company’s average yearly earnings per share was noted 1.04% at the time writing. 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

A key investor’s attitude towards the stock of the Railroads industry is another important factor to consider. The insider ownership of Norfolk Southern Corp is 0.07%, while institutional ownership is 76.78%. 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

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.32 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 2.87) by -0.55. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.03 per share during the current fiscal year.

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

Check out the current performance indicators for Norfolk Southern Corp (NSC). In the past quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.02.

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 0.85 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 76.43%. Additionally, its Average True Range was 5.51.

During the past 100 days, Norfolk Southern Corp’s (NSC) raw stochastic average was set at 86.99%, which indicates a significant increase from 63.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.02% in the past 14 days, which was lower than the 31.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $257.05, while its 200-day Moving Average is $243.75. Now, the first resistance to watch is $272.76. This is followed by the second major resistance level at $275.40. The third major resistance level sits at $277.76. If the price goes on to break the first support level at $267.77, it is likely to go to the next support level at $265.41. Should the price break the second support level, the third support level stands at $262.77.

Norfolk Southern Corp (NYSE: NSC) Key Stats

There are currently 226,240K shares outstanding in the company with a market cap of 61.11 billion. Presently, the company’s annual sales total 12,156 M according to its annual income of 1,827 M. Last quarter, the company’s sales amounted to 3,051 M and its income totaled 1,099 M.