Trading Day Triumph: Canadian National Railway Co. (CNI) Ends at 127.42, a 0.13 Surge/Plunge

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Canadian National Railway Co. (NYSE: CNI) closed the day trading at $127.42 up 0.13% from the previous closing price of $127.25. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.58 million shares were traded. CNI stock price reached its highest trading level at $128.38 during the session, while it also had its lowest trading level at $126.87.

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 94.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.19. 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 81064599552 and an Enterprise Value of 100800602112. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.01, and their Forward P/E ratio for the next fiscal year is 19.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.99 while its Price-to-Book (P/B) ratio in mrq is 4.09. Its current Enterprise Value per Revenue stands at 6.013 whereas that against EBITDA is 11.474.

Stock Price History:

The Beta on a monthly basis for CNI is 0.90, which has changed by 0.049242377 over the last 52 weeks, in comparison to a change of 0.26265144 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 -0.71%, while the 200-Day Moving Average is calculated to be 6.34%.

Shares Statistics:

Over the past 3-months, CNI traded about 988.32K shares per day on average, while over the past 10 days, CNI traded about 908750 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 75.36% stake in the company. Shares short for CNI as of 1714435200 were 6161154 with a Short Ratio of 6.23, compared to 1711584000 on 7002516.

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 0.025265226The 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

A comprehensive evaluation of Canadian National Railway Co. (CNI) is underway, with the input of 25.0 analysts contributing to its current rating.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 $5.78 for the fiscal current year, implying an average EPS of $5.86. EPS for the following year is $6.6, with 26.0 analysts recommending between $6.8 and $6.27.

Revenue Estimates

23 analysts predict $3.19B in revenue for the current quarter. It ranges from a high estimate of $3.44B 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, 23 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 26 analysts have provided revenue estimates for CNI’s current fiscal year. The highest revenue estimate was $13.68B, 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 26 analysts’ estimates, the company’s revenue will be $13.82B in the next fiscal year. The high estimate is $14.55B and the low estimate is $13.18B.

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