Canadian National Railway Co [NYSE: CNI] slipped around -0.35 points on Thursday, while shares priced at $109.31 at the close of the session, down -0.32%.
Compared to the average trading volume of 1.28M shares, CNI reached a trading volume of 3716149 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Canadian National Railway Co [CNI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNI shares is $121.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNI stock is a recommendation set at 2.34. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Canadian National Railway Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 12, 2024. The new note on the price target was released on October 10, 2024, representing the official price target for Canadian National Railway Co stock. Previously, the target price had yet another raise to $125, while Citigroup analysts kept a Neutral rating on CNI stock.
The Average True Range (ATR) for Canadian National Railway Co is set at 1.97, with the Price to Sales ratio for CNI stock in the period of the last 12 months amounting to 5.45. The Price to Book ratio for the last quarter was 4.77, with the Price to Cash per share for the same quarter was set at 0.82. Price to Free Cash Flow for CNI in the course of the last twelve months was 26.45 with Quick ratio for the last quarter at 0.49.
How has CNI stock performed recently?
Canadian National Railway Co [CNI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.75. With this latest performance, CNI shares gained by 0.28% in over the last four-week period, additionally sinking by -13.68% over the last 6 months – not to mention a drop of -6.74% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CNI stock in for the last two-week period is set at 45.36, with the RSI for the last a single of trading hit 44.94, and the three-weeks RSI is set at 45.21 for Canadian National Railway Co [CNI]. The present Moving Average for the last 50 days of trading for this stock 111.93, while it was recorded at 110.19 for the last single week of trading, and 119.88 for the last 200 days.
Canadian National Railway Co [CNI]: Deeper insight into the fundamentals
Canadian National Railway Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.49 and a Current Ratio set at 0.64.
Earnings analysis for Canadian National Railway Co [CNI]
With the latest financial reports released by the company, Canadian National Railway Co posted 2.02/share EPS, while the average EPS was predicted by analysts to be reported at 1.98/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CNI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Canadian National Railway Co go to 8.60%.
Insider trade positions for Canadian National Railway Co [CNI]
There are presently around $74.94%, or 76.97%% of CNI stock, in the hands of institutional investors. The top three institutional holders of CNI stocks are: BILL & MELINDA GATES FOUNDATION TRUST with ownership of 54.83 million shares, which is approximately 8.5573%. TCI FUND MANAGEMENT LTD, holding 39.49 million shares of the stock with an approximate value of $$4.67 billion in CNI stocks shares; and TCI FUND MANAGEMENT LTD, currently with $$3.08 billion in CNI stock with ownership which is approximately 4.0646%.
