Norfolk Southern Corp. [NSC] stock is trading at $215.55, up 0.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NSC shares have gain 1.02% over the last week, with a monthly amount drifted -4.11%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Norfolk Southern Corp. [NYSE: NSC] stock has seen the most recent analyst activity on June 07, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $270. Previously, RBC Capital Mkts upgraded its rating to Outperform on May 23, 2024, and kept the price target unchanged to $270. On April 08, 2024, Jefferies initiated with a Buy rating and assigned a price target of $300 on the stock. TD Cowen reiterated its Market Perform rating and increased its price target to $253 on March 21, 2024. UBS upgraded its rating to a Buy and raised its price target to $302 on March 04, 2024. Barclays upgraded its rating to Overweight for this stock on February 21, 2024, and upped its price target to $305. In a note dated January 29, 2024, TD Cowen downgraded an Market Perform rating on this stock and boosted its target price from $233 to $236.
Norfolk Southern Corp. [NSC] stock has fluctuated between $183.09 and $263.66 over the past year. Currently, Wall Street analysts expect the stock to reach $274.96 within the next 12 months. Norfolk Southern Corp. [NYSE: NSC] shares were valued at $215.55 at the most recent close of the market. An investor can expect a potential return of 27.56% based on the average NSC price forecast.
Analyzing the NSC fundamentals
Norfolk Southern Corp. [NYSE:NSC] reported sales of 12.03B for the trailing twelve months, which represents a drop of -4.09%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.12 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.4.
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 214.32 points at the first support level, and at 213.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 216.18, and for the 2nd resistance point, it is at 216.81.
Ratios To Look Out For
For context, Norfolk Southern Corp.’s Current Ratio is 0.68. Also, the Quick Ratio is 0.61, while the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 4.05, the price to book ratio is 3.88 and price to earnings (TTM) ratio is 34.65.
Transactions by insiders
Recent insider trading involved Fahmy Sameh, Director, that happened on Jun 14 ’24 when 2000.0 shares were purchased. Director, Fahmy Sameh completed a deal on Jun 03 ’24 to buy 1500.0 shares. Meanwhile, Director Fahmy Sameh bought 500.0 shares on May 31 ’24.
