Norfolk Southern Corporation (NYSE:NSC) went up by 0.25% from its latest closing price compared to the recent 1-year high of $299.20. The company’s stock price has collected 2.49% of gains in the last five trading sessions. MarketWatch.com reported on 07/13/21 that Companies boast about big climate change pledges but less than 50% of the S&P 100 lobbies Washington accordingly
Is It Worth Investing in Norfolk Southern Corporation (NYSE :NSC) Right Now?
Norfolk Southern Corporation (NYSE:NSC) scored a price-to-earnings ratio above its average ratio, recording 19.99 x from its present earnings ratio. Plus, the 36-month beta value for NSC is at 1.32. Opinions of the stock are interesting as 13 analysts out of 28 who provided ratings for Norfolk Southern Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 12 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $263.92, which is $13.33 above the current price. NSC currently public float of 234.59M and currently shorts hold a 1.41% ratio of that float. Today, the average trading volume of NSC was 1.22M shares.
NSC’s Market Performance
NSC stocks went up by 2.49% for the week, with a monthly jump of 11.16% and a quarterly performance of -5.19%, while its annual performance rate touched -1.05%. The volatility ratio for the week stands at 1.95% while the volatility levels for the past 30 days are set at 2.13% for Norfolk Southern Corporation. The simple moving average for the period of the last 20 days is 5.78% for NSC stocks with a simple moving average of -4.83% for the last 200 days.
Analysts’ Opinion of NSC
Many brokerage firms have already submitted their reports for NSC stocks, with Stifel repeating the rating for NSC by listing it as a “Buy.” The predicted price for NSC in the upcoming period, according to Stifel is $275 based on the research report published on July 15th of the current year 2022.
JP Morgan, on the other hand, stated in their research note that they expect to see NSC reach a price target of $258, previously predicting the price at $306. The rating they have provided for NSC stocks is “Neutral” according to the report published on July 12th, 2022.
Credit Suisse gave a rating of “Outperform” to NSC, setting the target price at $267 in the report published on June 28th of the current year.
NSC Trading at 7.25% from the 50-Day Moving Average
After a stumble in the market that brought NSC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.13% of loss for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares surge +9.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.79% upper at present.
During the last 5 trading sessions, NSC rose by +2.49%, which changed the moving average for the period of 200-days by -9.00% in comparison to the 20-day moving average, which settled at $238.33. In addition, Norfolk Southern Corporation saw -15.71% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at NSC starting from Squires James A, who sale 105,420 shares at the price of $248.81 back on Aug 02. After this action, Squires James A now owns 42,728 shares of Norfolk Southern Corporation, valued at $26,229,076 using the latest closing price.
Shaw Alan H., the President & CEO of Norfolk Southern Corporation, sale 1,000 shares at $241.84 during a trade that took place back on Jun 01, which means that Shaw Alan H. is holding 34,255 shares at $241,840 based on the most recent closing price.
Stock Fundamentals for NSC
Current profitability levels for the company are sitting at:
- +39.18 for the present operating margin
- +39.18 for the gross margin
The net margin for Norfolk Southern Corporation stands at +26.95. Equity return is now at value 22.40, with 7.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.