Norfolk Southern Corp. [NSC] stock prices are up 0.03% to $249.73 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NSC shares have gain 0.49% over the last week, with a monthly amount drifted -4.24%, and not seem to be holding up well over a long-time horizon.
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
On 11, April 2024, Norfolk Southern highlights the strength of its highly qualified and engaged board. In a post published today on Yahoo Finance, Urges shareholders to vote “FOR” ONLY Norfolk Southern’s 13 highly qualified nominees on the WHITE proxy card today.
From an analyst’s perspective:
Norfolk Southern Corp. [NYSE: NSC] stock has seen the most recent analyst activity on April 08, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $300. Previously, TD Cowen reaffirmed its Market Perform rating on March 21, 2024, and elevated its price target to $253. On March 04, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $302 on the stock. Barclays upgraded its rating to a Overweight and increased its price target to $305 on February 21, 2024. TD Cowen downgraded its rating to a Market Perform and raised its price target to $236 on January 29, 2024. Stifel downgraded its rating to Hold for this stock on January 29, 2024, and downed its price target to $233. In a note dated January 29, 2024, Morgan Stanley downgraded an Underweight rating on this stock and revised its target price from $185 to $175.
The stock price of Norfolk Southern Corp. [NSC] has been fluctuating between $183.09 and $263.66 over the past year. Currently, Wall Street analysts expect the stock to reach $274.83 within the next 12 months. Norfolk Southern Corp. [NYSE: NSC] shares were valued at $249.73 at the most recent close of the market. An investor can expect a potential return of 10.05% based on the average NSC price forecast.
Analyzing the NSC fundamentals
The Norfolk Southern Corp. [NYSE:NSC] reported sales of 12.03B for trailing twelve months, representing a drop of -4.09%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.14 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 246.92 points at the first support level, and at 244.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 252.07, and for the 2nd resistance point, it is at 254.41.
Norfolk Southern Corp. [NSC] reported earnings per share of $2.83 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.87/share, meaning a difference of -$0.04 and a surprise factor of -1.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.65 per share as compared to estimates of $2.69 per share, a difference of -$0.04 representing a surprise of -1.50%.
Ratios To Look Out For
It’s worth pointing out that Norfolk Southern Corp. [NYSE:NSC]’s Current Ratio is 1.24. On the other hand, the Quick Ratio is 1.14, and the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 4.69, the price to book ratio is 4.41 and price to earnings (TTM) ratio is 40.14.
Transactions by insiders
Recent insider trading involved Shaw Alan H., President & CEO, that happened on Jun 01 ’23 when 2000.0 shares were sold.
