Norfolk Southern Corporation (NYSE:NSC) has a beta of 1.29, a 12-month trailing P/E ratio of 30.99, and a growth ratio of 2.04. The stock’s Relative Strength Index (RSI) is 49.06, with weekly volatility at 1.99% and ATR at 5.15. The NSC stock’s 52-week price range has touched low of $165.48 and a $295.14 high. Its shares traded lower over the last trading session, losing -1.93% on 05/18/21. The shares fell to a low of $280.09 before closing at $280.22. Intraday shares traded counted 1.19 million, which was -2.31% lower than its 30-day average trading volume of 1.16M. NSC’s previous close was $285.74 while the outstanding shares total 251.40M.
Investors have identified the Railroads company Norfolk Southern Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $69.44 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Norfolk Southern Corporation (NSC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For NSC, the company has in raw cash 998.0 million on their books with 501.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 2.3 billion total, with 2.25 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 12.79 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NSC sounds very interesting.
Is the stock of NSC attractive?
In related news, Vice President and Controller, Allison Clyde H Jr sold 3,700 shares of the company’s stock in a transaction that recorded on May 11. The sale was performed at an average price of 288.30, for a total value of 1,066,710. As the sale deal closes, the EVP-Chief Transform. Officer, Adams Ann A now sold 2,460 shares of the company’s stock, valued at 627,300. Also, EVP-Chief Transform. Officer, Adams Ann A sold 1,417 shares of the company’s stock in a deal that was recorded on Feb 01. The shares were price at an average price of 239.00 per share, with a total market value of 338,663. Following this completion of acquisition, the EVP & Chief Marketing Officer, Shaw Alan H. now holds 43 shares of the company’s stock, valued at 10,302. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
14 out of 27 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Norfolk Southern Corporation. 2 analysts has assigned a Sell rating on the NSC stock. The 12-month mean consensus price target for the company’s shares has been set at $293.50.