On Tuesday, Canadian National Railway Co (NYSE: CNI) was -1.76% drop from the session before settling in for the closing price of $111.12. A 52-week range for CNI has been $105.28 – $134.02.
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Annual sales at Industrials sector company grew by 2.83% over the past five years. When this article was written, the company’s average yearly earnings per share was at 1.61%. With a float of $608.71 million, this company’s outstanding shares have now reached $628.80 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Canadian National Railway Co stocks. The insider ownership of Canadian National Railway Co is 3.19%, while institutional ownership is 69.63%.
Canadian National Railway Co (CNI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 1.61% 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
You can see what Canadian National Railway Co (CNI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.44. Likewise, its price to free cash flow for the trailing twelve months is 26.41.
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 5.90 in one year’s time.
Technical Analysis of Canadian National Railway Co (CNI)
Canadian National Railway Co (NYSE: CNI) saw its 5-day average volume 1.17 million, a positive change from its year-to-date volume of 1.13 million. As of the previous 9 days, the stock’s Stochastic %D was 69.87%. Additionally, its Average True Range was 2.09.
During the past 100 days, Canadian National Railway Co’s (CNI) raw stochastic average was set at 20.77%, which indicates a significant decrease from 50.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.39% in the past 14 days, which was higher than the 18.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $112.23, while its 200-day Moving Average is $120.07. Nevertheless, the first resistance level for the watch stands at $110.90 in the near term. At $112.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $113.61. If the price goes on to break the first support level at $108.19, it is likely to go to the next support level at $107.22. The third support level lies at $105.48 if the price breaches the second support level.
Canadian National Railway Co (NYSE: CNI) Key Stats
There are 629,780K outstanding shares of the company, which has a market capitalization of 68.64 billion. As of now, sales total 12,466 M while income totals 4,167 M. Its latest quarter income was 3,013 M while its last quarter net income were 795,310 K.
