The price-to-earnings ratio for Canadian National Railway Co (NYSE: CNI) is above average at 16.24x. The 36-month beta value for CNI is also noteworthy at 0.92. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 7 rating it as “overweight,” 20 rating it as “hold,” and 0 rating it as “sell.”
The public float for CNI is 608.62M, and at present, short sellers hold a 0.43% of that float. The average trading volume of CNI on December 19, 2024 was 1.30M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
CNI) stock’s latest price update
Canadian National Railway Co (NYSE: CNI) has seen a decline in its stock price by -0.19 in relation to its previous close of 101.40. However, the company has experienced a -3.31% decline in its stock price over the last five trading sessions. zacks.com reported 2024-12-16 that Shareholder-friendly initiatives bode well for the Zacks Transportation-Railroad industry. CP, CNI and NSC are well-poised to capitalize on the bullishness.
CNI’s Market Performance
Canadian National Railway Co (CNI) has seen a -3.31% fall in stock performance for the week, with a -5.15% decline in the past month and a -13.55% plunge in the past quarter. The volatility ratio for the week is 1.40%, 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 -5.66% for CNI’s stock, with a -14.65% simple moving average for the past 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 $130 based on the research report published on November 12, 2024 of the current year 2024.
Citigroup gave a rating of “Neutral” to CNI, setting the target price at $125 in the report published on October 09th of the current year.
CNI Trading at -7.77% 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 -24.48% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.40%, as shares sank -5.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.44% lower at present.
During the last 5 trading sessions, CNI fell by -3.59%, which changed the moving average for the period of 200-days by -20.51% in comparison to the 20-day moving average, which settled at $107.27. In addition, Canadian National Railway Co saw -19.44% 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 0.31. The total capital return value is set at 0.14. Equity return is now at value 27.36, with 10.12 for asset returns.
Based on Canadian National Railway Co (CNI), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 1.06. The interest coverage ratio of the stock is 8.21.
Currently, EBITDA for the company is 9.03 billion with net debt to EBITDA at 2.45. When we switch over and look at the enterprise to sales, we see a ratio of 6.01. The receivables turnover for the company is 15.0for 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 0.64.
Conclusion
In summary, Canadian National Railway Co (CNI) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
