Canadian National Railway Co. (NYSE: CNI) has a higher price-to-earnings ratio of 18.33x compared to its average ratio. CNI has 36-month beta value of 0.89. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 1 as “overweight,” 16 as “hold,” and 1 as “sell.”
The public float for CNI is 608.76M, and currently, short sellers hold a 0.62% ratio of that float. The average trading volume of CNI on August 22, 2024 was 1.17M shares.
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CNI) stock’s latest price update
The stock of Canadian National Railway Co. (NYSE: CNI) has increased by 0.01 when compared to last closing price of 114.18. Despite this, the company has experienced a 0.97% gain in its stock price over the last five trading sessions. proactiveinvestors.com reported 2024-08-22 that Freight traffic on Canada’s two largest railways, Canadian National Railway (NYSE:CNI) Co. and Canadian Pacific Kansas City Ltd., has ground to a halt after both companies locked out 9,300 workers following failed contract negotiations with the Teamsters Canada Rail Conference.
CNI’s Market Performance
Canadian National Railway Co. (CNI) has seen a 0.97% rise in stock performance for the week, with a -1.39% decline in the past month and a -10.45% plunge in the past quarter. The volatility ratio for the week is 0.97%, and the volatility levels for the past 30 days are at 1.69% for CNI. The simple moving average for the past 20 days is 1.25% for CNI’s stock, with a -6.95% simple moving average for the past 200 days.
Analysts’ Opinion of CNI
Wells Fargo gave a rating of “Equal Weight” to CNI, setting the target price at $130 in the report published on June 07th of the current year.
CNI Trading at -2.23% 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 -14.80% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 0.97%, as shares surge +0.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.48% lower at present.
During the last 5 trading sessions, CNI rose by +0.77%, which changed the moving average for the period of 200-days by +2.69% in comparison to the 20-day moving average, which settled at $112.81. In addition, Canadian National Railway Co. saw -9.11% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CNI
Current profitability levels for the company are sitting at:
- 0.38 for the present operating margin
- 0.43 for the gross margin
The net margin for Canadian National Railway Co. stands at 0.32. The total capital return value is set at 0.14. Equity return is now at value 27.18, with 10.33 for asset returns.
Based on Canadian National Railway Co. (CNI), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 1.06. The interest coverage ratio of the stock is 8.67.
Currently, EBITDA for the company is 8.88 billion with net debt to EBITDA at 2.21. When we switch over and look at the enterprise to sales, we see a ratio of 6.35. The receivables turnover for the company is 15.14for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.
Conclusion
To put it simply, Canadian National Railway Co. (CNI) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
