A share price of Norfolk Southern Corp. [NSC] is currently trading at $243.85, up 1.74%. An important factor to consider is whether the stock is rising or falling in short-term value. The NSC shares have lost -2.35% over the last week, with a monthly amount glided 13.82%, and 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 July 26, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $253 from $251. On June 07, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $270 on the stock. RBC Capital Mkts upgraded its rating to a Outperform but stick to its price target of $270 on May 23, 2024. Jefferies initiated its recommendation with a Buy and recommended $300 as its price target on April 08, 2024. TD Cowen reiterated a Market Perform rating for this stock on March 21, 2024, and upped its price target to $253. In a note dated March 04, 2024, UBS upgraded an Buy rating on this stock and boosted its target price from $238 to $302.
Norfolk Southern Corp. experienced fluctuations in its stock price throughout the past year between $183.09 and $263.66. Currently, Wall Street analysts expect the stock to reach $272.52 within the next 12 months. Norfolk Southern Corp. [NYSE: NSC] shares were valued at $243.85 at the most recent close of the market. An investor can expect a potential return of 11.76% based on the average NSC price forecast.
Analyzing the NSC fundamentals
Trailing Twelve Months sales for Norfolk Southern Corp. [NYSE:NSC] were 12.09B which represents 2.15% growth. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.15 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.36.
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 240.25 points at the first support level, and at 236.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 247.11, and for the 2nd resistance point, it is at 250.37.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Norfolk Southern Corp. [NYSE:NSC] is 0.63. On the other hand, the Quick Ratio is 0.54, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 4.56, the price to book ratio is 4.25 and price to earnings (TTM) ratio is 30.82.
Transactions by insiders
Recent insider trading involved Fahmy Sameh, Director, that happened on Aug 02 ’24 when 300.0 shares were purchased. Director, Fahmy Sameh completed a deal on Aug 01 ’24 to buy 700.0 shares. Meanwhile, Officer Nag Nabanita C bought 355.0 shares on Jul 29 ’24.
