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Canadian National Railway Co. (NYSE: CNI) closed the day trading at $124.05 down -0.94% from the previous closing price of $125.23. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 0.83 million shares were traded. CNI stock price reached its highest trading level at $125.81 during the session, while it also had its lowest trading level at $123.55.
Ratios:
For a better understanding of CNI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 91.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.86.
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 the company, BofA Securities on April 10, 2024, Upgraded its rating to Buy and sets its target price to $145 from $140 previously.
On April 08, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $130.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNI now has a Market Capitalization of 79763161088 and an Enterprise Value of 98533613568. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.50, and their Forward P/E ratio for the next fiscal year is 18.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.84 while its Price-to-Book (P/B) ratio in mrq is 3.98. Its current Enterprise Value per Revenue stands at 5.878 whereas that against EBITDA is 11.216.
Stock Price History:
The Beta on a monthly basis for CNI is 0.89, which has changed by 0.047985077 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, CNI has reached a high of $134.02, while it has fallen to a 52-week low of $103.96. The 50-Day Moving Average of the stock is -4.17%, while the 200-Day Moving Average is calculated to be 3.76%.
Shares Statistics:
Over the past 3-months, CNI traded about 990.93K shares per day on average, while over the past 10 days, CNI traded about 1185870 shares per day. A total of 642.70M shares are outstanding, with a floating share count of 616.27M. Insiders hold about 3.13% of the company’s shares, while institutions hold 75.59% stake in the company. Shares short for CNI as of 1713139200 were 7002516 with a Short Ratio of 7.07, compared to 1710460800 on 7823158.
Dividends & Splits
CNI’s forward annual dividend rate is 2.38, up from 3.215 a year ago. Against a Trailing Annual Dividend Yield of 0.02567276The stock’s 5-year Average Dividend Yield is 1.76. The current Payout Ratio is 37.03% for CNI, which recently paid a dividend on 2024-03-06 with an ex-dividend date of 1717718400. Stock splits for the company last occurred on 2013-12-02 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 24.0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.44 for the current quarter, with a high estimate of $1.48 and a low estimate of $1.36, while EPS last year was $1.31. The consensus estimate for the next quarter is $1.52, with high estimates of $1.61 and low estimates of $1.46.
Analysts are recommending an EPS of between $5.94 and $5.77 for the fiscal current year, implying an average EPS of $5.86. EPS for the following year is $6.59, with 28.0 analysts recommending between $6.8 and $6.27.
Revenue Estimates
22 analysts predict $3.19B in revenue for the current quarter. It ranges from a high estimate of $3.43B to a low estimate of $3.05B. As of the current estimate, Canadian National Railway Co.’s year-ago sales were $3.09BFor the next quarter, 22 analysts are estimating revenue of $3.25B. There is a high estimate of $3.44B for the next quarter, whereas the lowest estimate is $3.13B.
A total of 27 analysts have provided revenue estimates for CNI’s current fiscal year. The highest revenue estimate was $13.67B, while the lowest revenue estimate was $12.72B, resulting in an average revenue estimate of $13.03B. In the same quarter a year ago, actual revenue was $12.21BBased on 27 analysts’ estimates, the company’s revenue will be $13.81B in the next fiscal year. The high estimate is $14.54B and the low estimate is $13.17B.
