Canadian National Railway Co (NYSE:CNI) currently has a daily average trading volume of 1.40M but it saw 1602061 shares traded in last market. With a market cap of 62.58B USD, the company’s current market price of $99.76 came falling about -0.31 while comparing to the previous closing price of $100.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $132.73 and as low as $93.64. In the recent trading on the day, stock has struck highest price mark of $98.54 while lowest mark touched by it was $100.26.
Taking a look at 20-day trading activity of Canadian National Railway Co (CNI) gives us an average price of $98.46, while its current price level is -24.84% below from 52-week high level whereas it is 6.54% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $101.13 while that of 200 days or SMA-200 reads an average of $110.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.82% during that period while stretching the period over a month that increases to 2.34%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.49 which implies that the stock is in neutral territory.
Stifel upgraded its recommendation for the stock as a “Buy” from “Hold” on January 16, 2025 while assigning a price target range of $132-$120. Jefferies issued its recommendations for the stock as it upgraded the price target for the stock is $120.
Over the week, CNI’s stock price is moving 2.07% up while it is -0.71% when we observe its performance for the past one month. Year-to-date it is -1.72% down and over the past year, the stock is showing a downside performance of -23.13%.
The company is expected to be releasing its next quarterly report on 2025-Jan-29, for which analysts forecasted an EPS of 1.8 while estimate for next year EPS is 7.96. In next quarter, company is expected to be making quarterly sales of $4.48B as analysts are expecting the sales for current fiscal year at $17.95B and seeing the company making $18.92B in sales next year. Moreover, analysts are in estimates of $4.39B for current-quarter revenue.
Currently, Canadian National Railway Co’s total number of outstanding shares is 627.90M with 2.64% of that held by the insiders while 74.91% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 11.36% and return on equity (ROE) at 21.72%. It has a price to earnings ratio (P/E ratio) of 19.49 while having a 16.00 of forward P/E ratio. Stock’s beta reads 0.94. Stock has a price to book (P/B) ratio of 4.28 while price to sale or P/S ratio amounts to 5.03. Its return on asset (ROA) is 8.16% on average.
