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Norfolk Southern Corp. (NYSE: NSC) closed the day trading at $236.22 down -3.60% from the previous closing price of $245.03. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 2.44 million shares were traded. NSC stock price reached its highest trading level at $241.775 during the session, while it also had its lowest trading level at $232.15.
Ratios:
For a better understanding of NSC, 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 34.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.29. 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, Jefferies on April 08, 2024, initiated with a Buy rating and assigned the stock a target price of $300.
On March 21, 2024, TD Cowen reiterated its Market Perform rating and also lowered its target price recommendation from $236 to $253.
UBS Upgraded its Neutral to Buy on March 04, 2024, whereas the target price for the stock was revised from $238 to $302.
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 55350837248 and an Enterprise Value of 69894733824. As of this moment, Norfolk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.97, and their Forward P/E ratio for the next fiscal year is 17.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.44 while its Price-to-Book (P/B) ratio in mrq is 4.17. Its current Enterprise Value per Revenue stands at 5.75 whereas that against EBITDA is 12.987.
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 -6.49%, while the 200-Day Moving Average is calculated to be 4.51%.
Shares Statistics:
Over the past 3-months, NSC traded about 1.28M shares per day on average, while over the past 10 days, NSC traded about 1112240 shares per day. A total of 225.89M shares are outstanding, with a floating share count of 225.77M. Insiders hold about 0.06% of the company’s shares, while institutions hold 76.19% stake in the company. Shares short for NSC as of 1711584000 were 1678492 with a Short Ratio of 1.31, compared to 1709164800 on 1938263. Therefore, it implies a Short% of Shares Outstanding of 1678492 and a Short% of Float of 0.74.
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 0.022038119The stock’s 5-year Average Dividend Yield is 1.92.
