Norfolk Southern Corp. [NSC] stock prices are down -0.45% to $247.03 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NSC shares have gain 1.53% over the last week, with a monthly amount drifted -2.96%, 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 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.
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 $271.22 within the next 12 months. Norfolk Southern Corp. [NYSE: NSC] shares were valued at $247.03 at the most recent close of the market. An investor can expect a potential return of 9.79% based on the average NSC price forecast.
Analyzing the NSC fundamentals
The Norfolk Southern Corp. [NYSE:NSC] reported sales of 12.09B for trailing twelve months, representing a surge of 2.15%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.36.
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 245.77 points at the first support level, and at 244.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 249.46, and for the 2nd resistance point, it is at 251.90.
Ratios To Look Out For
It’s worth pointing out that Norfolk Southern Corp. [NYSE:NSC]’s Current Ratio is 0.63. As well, the Quick Ratio is 0.54, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 4.62, the price to book ratio is 4.30 and price to earnings (TTM) ratio is 31.23.
Transactions by insiders
Recent insider trading involved Shaw Alan H., Former CEO / Director, that happened on Sep 13 ’24 when 51325.0 shares were sold. Former Officer, Shaw Alan H. completed a deal on Sep 13 ’24 to buy 51325.0 shares. Meanwhile, Director Fahmy Sameh bought 700.0 shares on Aug 01 ’24.
