Canadian National Railway Company (NYSE:CNI) went up by 3.22% from its latest closing price compared to the recent 1-year high of $128.41. The company’s stock price has collected -6.46% of loss in the last five trading sessions. MarketWatch.com reported 32 min ago that Dow, S&P 500 pivot higher Wednesday as stock market faces early bout of turbulence
Is It Worth Investing in Canadian National Railway Company (NYSE :CNI) Right Now?
Canadian National Railway Company (NYSE:CNI) scored a price-to-earnings ratio above its average ratio, recording 25.64 x from its present earnings ratio. Plus, the 36-month beta value for CNI is at 0.82. Opinions of the stock are interesting as 8 analysts out of 25 who provided ratings for Canadian National Railway Company declared the stock was a “buy,” while 2 rated the stock as “overweight,” 13 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $150.59, which is $28.52 above the current price. CNI currently public float of 704.81M and currently shorts hold a 1.79% ratio of that float. Today, the average trading volume of CNI was 2.17M shares.
CNI’s Market Performance
CNI stocks went down by -6.46% for the week, with a monthly jump of 6.92% and a quarterly performance of 4.23%, while its annual performance rate touched 7.56%. The volatility ratio for the week stands at 2.65% while the volatility levels for the past 30 days are set at 2.59% for Canadian National Railway Company. The simple moving average for the period of the last 20 days is 3.82% for CNI stocks with a simple moving average of 7.66% for the last 200 days.
Analysts’ Opinion of CNI
Many brokerage firms have already submitted their reports for CNI stocks, with Citigroup repeating the rating for CNI by listing it as a “Buy.” The predicted price for CNI in the upcoming period, according to Citigroup is $140 based on the research report published on September 01st of the current year 2021.
Stifel gave a rating of “Hold” to CNI, setting the target price at $118 in the report published on June 22nd of the current year.
CNI Trading at 8.39% from the 50-Day Moving Average
After a stumble in the market that brought CNI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.64% of loss for the given period.
Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 2.65%, as shares surge +12.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.49% upper at present.
During the last 5 trading sessions, CNI fell by -2.31%, which changed the moving average for the period of 200-days by +9.11% in comparison to the 20-day moving average, which settled at $114.90. In addition, Canadian National Railway Company saw 4.60% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CNI
Current profitability levels for the company are sitting at:
- +38.09 for the present operating margin
- +44.89 for the gross margin
The net margin for Canadian National Railway Company stands at +25.78. The total capital return value is set at 16.12, while invested capital returns managed to touch 11.45. Equity return is now at value 20.30, with 8.90 for asset returns.
Based on Canadian National Railway Company (CNI), the company’s capital structure generated 67.80 points at debt to equity in total, while total debt to capital is 40.41. Total debt to assets is 29.36, with long-term debt to equity ratio resting at 62.63. Finally, the long-term debt to capital ratio is 37.32.
When we switch over and look at the enterprise to sales, we see a ratio of 8.10, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 11.75 and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.95.