At the time of writing, Norfolk Southern Corp. [NSC] stock is trading at $260.43, up 4.94%. 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 2.40% over the last week, with a monthly amount glided 5.87%, 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 October 09, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $294. Previously, TD Cowen reaffirmed its Hold rating on July 26, 2024, and elevated its price target to $253. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $270 on June 07, 2024. RBC Capital Mkts upgraded its rating to a Outperform but $270 remained the price target by the analyst firm on May 23, 2024. Jefferies started tracking with a Buy rating for this stock on April 08, 2024, and assigned it a price target of $300. In a note dated March 21, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $236 to $253.
For the past year, the stock price of Norfolk Southern Corp. fluctuated between $183.09 and $263.66. Currently, Wall Street analysts expect the stock to reach $273.46 within the next 12 months. Norfolk Southern Corp. [NYSE: NSC] shares were valued at $260.43 at the most recent close of the market. An investor can expect a potential return of 5.0% based on the average NSC price forecast.
Analyzing the NSC fundamentals
According to Norfolk Southern Corp. [NYSE:NSC], the company’s sales were 12.09B for trailing twelve months, which represents an 2.15% jump. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.2 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.25.
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 255.94 points at the first support level, and at 251.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 263.81, and for the 2nd resistance point, it is at 267.19.
Ratios To Look Out For
It is important to note that Norfolk Southern Corp. [NYSE:NSC] has a current ratio of 0.63. Also, the Quick Ratio is 0.54, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 4.87, the price to book ratio is 4.54 and price to earnings (TTM) ratio is 32.92.
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.
