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Norfolk Southern Corp. (NYSE: NSC) closed the day trading at $241.15 down -0.34% from the previous closing price of $241.97. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 0.99 million shares were traded. NSC stock price reached its highest trading level at $245.415 during the session, while it also had its lowest trading level at $240.55.
Ratios:
For a better understanding of NSC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.63. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.30.
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 July 26, 2024, Reiterated its Hold rating but revised its target price to $253 from $251 previously.
On June 07, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $270.Wells Fargo initiated its Overweight rating on June 07, 2024, with a $270 target price.
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 Aug 01 ’24 when Fahmy Sameh bought 700 shares for $245.15 per share. The transaction valued at 171,603 led to the insider holds 7,700 shares of the business.
Fahmy Sameh bought 300 shares of NSC for $72,494 on Aug 02 ’24. The Director now owns 8,000 shares after completing the transaction at $241.65 per share. On Jul 29 ’24, another insider, Nag Nabanita C, who serves as the EVP Corp Affairs, CLO&Corp Sec of the company, sold 355 shares for $249.38 each. As a result, the insider received 88,530 and left with 1,488 shares of the company.
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 54523047936 and an Enterprise Value of 72175550464. As of this moment, Norfolk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.48, and their Forward P/E ratio for the next fiscal year is 17.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.51 while its Price-to-Book (P/B) ratio in mrq is 4.20. Its current Enterprise Value per Revenue stands at 5.969 whereas that against EBITDA is 12.939.
Stock Price History:
The Beta on a monthly basis for NSC is 1.31, which has changed by 0.14077604 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. 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 5.98%, while the 200-Day Moving Average is calculated to be 3.55%.
Shares Statistics:
Over the past 3-months, NSC traded about 1.16M shares per day on average, while over the past 10 days, NSC traded about 938620 shares per day. A total of 226.10M shares are outstanding, with a floating share count of 225.95M. Insiders hold about 0.07% of the company’s shares, while institutions hold 78.25% stake in the company. Shares short for NSC as of 1722384000 were 1933980 with a Short Ratio of 1.67, compared to 1719532800 on 2300338. Therefore, it implies a Short% of Shares Outstanding of 1933980 and a Short% of Float of 0.86.
Dividends & Splits
NSC’s forward annual dividend rate is 5.40, up from 5.4 a year ago. Against a Trailing Annual Dividend Yield of 0.022316817The stock’s 5-year Average Dividend Yield is 1.97. The current Payout Ratio is 67.32% for NSC, which recently paid a dividend on 2024-08-02 with an ex-dividend date of 1722556800. Stock splits for the company last occurred on 1997-10-10 when the company split stock in a 3:1 ratio.
