Canadian National Railway Co (CNI) concluded trading on Thursday at a closing price of $109.31, with 3.72 million shares of worth about $406.21 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.68% during that period and on December 05, 2024 the price saw a loss of about -0.32%. Currently the company’s common shares owned by public are about 628.80M shares, out of which, 608.62M shares are available for trading.
Stock saw a price change of -1.75% in past 5 days and over the past one month there was a price change of 0.28%. Year-to-date (YTD), CNI shares are showing a performance of -12.99% which decreased to -6.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $105.28 but also hit the highest price of $134.02 during that period. The average intraday trading volume for Canadian National Railway Co shares is 1.28 million. The stock is currently trading -0.80% below its 20-day simple moving average (SMA20), while that difference is down -2.34% for SMA50 and it goes to -8.82% lower than SMA200.
Canadian National Railway Co (NYSE: CNI) currently have 628.80M outstanding shares and institutions hold larger chunk of about 69.67% of that.
The stock has a current market capitalization of $68.73B and its 3Y-monthly beta is at 0.90. PE ratio of stock for trailing 12 months is 17.54, while it has posted earnings per share of $6.23 in the same period. Its PEG reads 2.04 and has Quick Ratio of 0.49 while making debt-to-equity ratio of 1.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNI, volatility over the week remained 1.40% while standing at 1.89% over the month.
Stock’s fiscal year EPS is expected to rise by 1.29% while it is estimated to increase by 12.16% in next year. EPS is likely to grow at an annualized rate of 8.60% for next 5-years, compared to annual growth of 6.82% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on November 12, 2024 offering a Buy rating for the stock and assigned a target price range of between $126 and $130 to it. On October 09, 2024, Citigroup Initiated their recommendations, while on October 07, 2024, Wells Fargo Upgrade their ratings for the stock with a price target of $125. Stock get a Neutral rating from BofA Securities on October 04, 2024.
