A new trading day began on Thursday, with Canadian National Railway Co (NYSE: CNI) stock price up 0.64% from the previous day of trading, before settling in for the closing price of $98.54. CNI’s price has ranged from $91.65 to $130.63 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 2.44% over the past five years. Meanwhile, its annual earnings per share averaged 10.00%. With a float of $606.94 million, this company’s outstanding shares have now reached $627.90 million.
Let’s look at the performance matrix of the company that is accounted for 24671 employees. In terms of profitability, gross margin is 42.09%, operating margin of 37.05%, and the pretax margin is 34.32%.
Canadian National Railway Co (CNI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Railroads Industry. The insider ownership of Canadian National Railway Co is 3.25%, while institutional ownership is 68.82%.
Canadian National Railway Co (CNI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.02% during the next five years compared to 3.01% growth over the previous five years of trading.
Canadian National Railway Co (NYSE: CNI) Trading Performance Indicators
Here are Canadian National Railway Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.00. Likewise, its price to free cash flow for the trailing twelve months is 27.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.12, a number that is poised to hit 1.28 in the next quarter and is forecasted to reach 6.29 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 1.38 million, a negative change from its year-to-date volume of 1.48 million. As of the previous 9 days, the stock’s Stochastic %D was 72.85%. Additionally, its Average True Range was 2.90.
During the past 100 days, Canadian National Railway Co’s (CNI) raw stochastic average was set at 35.26%, which indicates a significant decrease from 77.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.23% in the past 14 days, which was higher than the 25.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.34, while its 200-day Moving Average is $108.39. Nevertheless, the first resistance level for the watch stands at $99.62 in the near term. At $100.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $100.62. If the price goes on to break the first support level at $98.62, it is likely to go to the next support level at $98.08. The third support level lies at $97.62 if the price breaches the second support level.
Canadian National Railway Co (NYSE: CNI) Key Stats
With a market capitalization of 62.21 billion, the company has a total of 628,489K Shares Outstanding. Currently, annual sales are 12,440 M while annual income is 3,246 M. The company’s previous quarter sales were 3,115 M while its latest quarter income was 819,190 K.
