After finishing at $248.03 in the prior trading day, Norfolk Southern Corp. (NYSE: NSC) closed at $247.22, down -0.33%. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1515228 shares were traded.
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Ratios:
Our goal is to gain a better understanding of NSC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 67.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.41.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on March 21, 2024, Reiterated its Market Perform rating but revised its target price to $253 from $236 previously.
On March 04, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $238 to $302.
Barclays Upgraded its Equal Weight to Overweight on February 21, 2024, whereas the target price for the stock was revised from $255 to $305.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 01 ’23 when Shaw Alan H. sold 2,000 shares for $209.55 per share. The transaction valued at 419,100 led to the insider holds 30,654 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NSC now has a Market Capitalization of 55.85B and an Enterprise Value of 71.85B. As of this moment, Norfolk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.78, and their Forward P/E ratio for the next fiscal year is 17.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59 while its Price-to-Book (P/B) ratio in mrq is 4.37. Its current Enterprise Value per Revenue stands at 5.91 whereas that against EBITDA is 16.55.
Stock Price History:
Over the past 52 weeks, NSC has reached a high of $263.66, while it has fallen to a 52-week low of $183.09. The 50-Day Moving Average of the stock is 250.29, while the 200-Day Moving Average is calculated to be 223.62.
Shares Statistics:
The stock has traded on average 1.34M shares per day over the past 3-months and 1.32M shares per day over the last 10 days, according to various share statistics. A total of 225.68M shares are outstanding, with a floating share count of 225.63M. Insiders hold about 0.11% of the company’s shares, while institutions hold 76.32% stake in the company. Shares short for NSC as of Feb 29, 2024 were 1.94M with a Short Ratio of 1.45, compared to 2.07M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.86% and a Short% of Float of 0.86%.
Dividends & Splits
In the trailing 12 months, NSC’s forward annual dividend rate was 5.40, compared to 5.40 this year. Against a Trailing Annual Dividend Yield of 2.18%, it implies a Forward Annual Dividend Yield of 2.18%. The stock’s 5-year Average Dividend Yield is 1.92. The current Payout Ratio is 67.32% for NSC, which recently paid a dividend on Feb 20, 2024 with an ex-dividend date of Feb 01, 2024. Stock splits for the company last occurred on Oct 10, 1997 when the company split stock in a 3:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 19 different market analysts. On average, analysts expect EPS of $2.63 for the current quarter, with a high estimate of $2.79 and a low estimate of $2.4, while EPS last year was $3.32. The consensus estimate for the next quarter is $3, with high estimates of $3.3 and low estimates of $2.84.
Analysts are recommending an EPS of between $12.5 and $11.6 for the fiscal current year, implying an average EPS of $12. EPS for the following year is $13.74, with 22 analysts recommending between $14.44 and $13.05.
Revenue Estimates
15 analysts predict $3.05B in revenue for the current quarter. It ranges from a high estimate of $3.12B to a low estimate of $2.95B. As of the current estimate, Norfolk Southern Corp.’s year-ago sales were $3.11B, an estimated decrease of -1.80% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $3.11B, an increase of 4.50% over than the figure of -$1.80% in the same quarter last year. There is a high estimate of $3.2B for the next quarter, whereas the lowest estimate is $3.05B.
A total of 20 analysts have provided revenue estimates for NSC’s current fiscal year. The highest revenue estimate was $12.75B, while the lowest revenue estimate was $12.38B, resulting in an average revenue estimate of $12.54B. In the same quarter a year ago, actual revenue was $12.16B, up 3.10% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $13.17B in the next fiscal year. The high estimate is $13.68B and the low estimate is $12.73B. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.
