Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Norfolk Southern Corp (NYSE: NSC) closed the day trading at $264.00 down -1.36% from the previous closing price of $267.63. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 0.72 million shares were traded. NSC stock price reached its highest trading level at $268.5 during the session, while it also had its lowest trading level at $263.68.
Ratios:
For a better understanding of NSC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.21.
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, Citigroup on October 09, 2024, initiated with a Buy rating and assigned the stock a target price of $294.
On July 26, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $251 to $253.
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 Oct 24 ’24 when Fahmy Sameh bought 1,000 shares for $255.00 per share. The transaction valued at 255,000 led to the insider holds 10,000 shares of the business.
ANDERSON RICHARD H bought 1,000 shares of NSC for $257,850 on Oct 24 ’24. The Director now owns 4,000 shares after completing the transaction at $257.85 per share. On Sep 13 ’24, another insider, Shaw Alan H., who serves as the Former CEO / Director of the company, sold 51,325 shares for $255.98 each. As a result, the insider received 13,138,302 and left with 35,045 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 60548399104 and an Enterprise Value of 76485271552. As of this moment, Norfolk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.76, and their Forward P/E ratio for the next fiscal year is 19.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 4.33. Its current Enterprise Value per Revenue stands at 6.284 whereas that against EBITDA is 12.99.
Stock Price History:
Over the past 52 weeks, NSC has reached a high of $277.60, while it has fallen to a 52-week low of $206.71. The 50-Day Moving Average of the stock is 2.37%, while the 200-Day Moving Average is calculated to be 8.26%.
Shares Statistics:
Over the past 3-months, NSC traded about 1.17M shares per day on average, while over the past 10 days, NSC traded about 1028280 shares per day. A total of 226.24M shares are outstanding, with a floating share count of 226.09M. Insiders hold about 0.07% of the company’s shares, while institutions hold 76.81% stake in the company. Shares short for NSC as of 1731628800 were 2220812 with a Short Ratio of 1.90, compared to 1728950400 on 2050816. Therefore, it implies a Short% of Shares Outstanding of 2220812 and a Short% of Float of 0.98.
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 0.020177111The stock’s 5-year Average Dividend Yield is 1.98.
