In the past week, NSC stock has gone down by -2.20%, with a monthly gain of 3.56% and a quarterly surge of 10.11%. The volatility ratio for the week is 1.92%, and the volatility levels for the last 30 days are 2.13% for Norfolk Southern Corp The simple moving average for the past 20 days is 2.35% for NSC’s stock, with a 9.05% simple moving average for the past 200 days.
Is It Worth Investing in Norfolk Southern Corp (NYSE: NSC) Right Now?
Norfolk Southern Corp (NYSE: NSC) has a price-to-earnings ratio of 24.83x that is above its average ratio. Additionally, the 36-month beta value for NSC is 1.30. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 4 rating it as “overweight,” 17 rating it as “hold,” and 2 rating it as “sell.”
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The public float for NSC is 226.09M and currently, short sellers hold a 0.97% ratio of that float. The average trading volume of NSC on November 15, 2024 was 1.16M shares.
NSC) stock’s latest price update
The stock price of Norfolk Southern Corp (NYSE: NSC) has plunged by -1.67 when compared to previous closing price of 269.26, but the company has seen a -2.20% decline in its stock price over the last five trading sessions. cnbc.com reported 2024-11-14 that Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad.
Analysts’ Opinion of NSC
Many brokerage firms have already submitted their reports for NSC stocks, with Citigroup repeating the rating for NSC by listing it as a “Buy.” The predicted price for NSC in the upcoming period, according to Citigroup is $294 based on the research report published on October 09, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see NSC reach a price target of $253, previously predicting the price at $251. The rating they have provided for NSC stocks is “Hold” according to the report published on July 26th, 2024.
Morgan Stanley gave a rating of “Underweight” to NSC, setting the target price at $175 in the report published on July 08th of the current year.
NSC Trading at 4.75% 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 -4.63% of loss for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +6.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.75% upper at present.
During the last 5 trading sessions, NSC fell by -2.20%, which changed the moving average for the period of 200-days by +12.55% in comparison to the 20-day moving average, which settled at $258.67. In addition, Norfolk Southern Corp saw 12.01% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NSC starting from Fahmy Sameh, who purchase 1,000 shares at the price of $255.00 back on Oct 24 ’24. After this action, Fahmy Sameh now owns 10,000 shares of Norfolk Southern Corp, valued at $255,000 using the latest closing price.
ANDERSON RICHARD H, the Director of Norfolk Southern Corp, purchase 1,000 shares at $257.85 during a trade that took place back on Oct 24 ’24, which means that ANDERSON RICHARD H is holding 4,000 shares at $257,850 based on the most recent closing price.
Stock Fundamentals for NSC
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.38 for the gross margin
The net margin for Norfolk Southern Corp stands at 0.21. The total capital return value is set at 0.08. Equity return is now at value 18.28, with 5.75 for asset returns.
Based on Norfolk Southern Corp (NSC), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is 4.08.
Currently, EBITDA for the company is 5.38 billion with net debt to EBITDA at 2.6. When we switch over and look at the enterprise to sales, we see a ratio of 6.25. The receivables turnover for the company is 9.35for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
In conclusion, Norfolk Southern Corp (NSC) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
