The price-to-earnings ratio for Canadian National Railway Co. (NYSE: CNI) is above average at 18.78x, Company’s 36-month beta value is 0.89.Analysts have differing opinions 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 609.40M, and currently, short sellers hold a 0.51% ratio of that floaft. The average trading volume of CNI on September 19, 2024 was 1.25M shares.
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CNI) stock’s latest price update
The stock of Canadian National Railway Co. (NYSE: CNI) has decreased by -1.71 when compared to last closing price of 119.04. Despite this, the company has experienced a 0.41% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-16 that MONTREAL, Sept. 16, 2024 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced a public debt offering of US$750 million aggregate principal amount of 4.375% Notes due 2034. CN expects to close the offering on September 18, 2024, subject to the satisfaction of customary closing conditions.
CNI’s Market Performance
Canadian National Railway Co. (CNI) has experienced a 0.41% rise in stock performance for the past week, with a 2.88% rise in the past month, and a -1.22% drop in the past quarter. The volatility ratio for the week is 2.01%, and the volatility levels for the past 30 days are at 1.72% for CNI. The simple moving average for the last 20 days is -0.22% for CNI stock, with a simple moving average of -4.99% for the last 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 0.61% 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 -12.70% of loss for the given period.
Volatility was left at 1.72%, however, over the last 30 days, the volatility rate increased by 2.01%, as shares surge +2.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.24% upper at present.
During the last 5 trading sessions, CNI rose by +0.41%, which changed the moving average for the period of 200-days by +0.91% in comparison to the 20-day moving average, which settled at $117.42. In addition, Canadian National Railway Co. saw -6.87% 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 6.5. 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
In a nutshell, Canadian National Railway Co. (CNI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
