Norfolk Southern Corp [NSC] stock prices are up 0.79% to $239.24 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 0.96% over the last week, with a monthly amount drifted -3.24%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Norfolk Southern Corp [NSC] has been fluctuating between $206.71 and $277.60 over the past year. Currently, Wall Street analysts expect the stock to reach $284 within the next 12 months. Norfolk Southern Corp [NYSE: NSC] shares were valued at $239.24 at the most recent close of the market. An investor can expect a potential return of 18.71% based on the average NSC price forecast.
Analyzing the NSC fundamentals
The Norfolk Southern Corp [NYSE:NSC] reported sales of 12.17B for trailing twelve months, representing a surge of 2.69%. Gross Profit Margin for this corporation currently stands at 0.38% 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 237.80 points at the first support level, and at 236.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 240.26, and for the 2nd resistance point, it is at 241.29.
Ratios To Look Out For
It’s worth pointing out that Norfolk Southern Corp [NYSE:NSC]’s Current Ratio is 0.73. On the other hand, the Quick Ratio is 0.65, and the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 4.45, the price to book ratio is 3.93 and price to earnings (TTM) ratio is 22.44.
Transactions by insiders
Recent insider trading involved ANDERSON RICHARD H, Director, that happened on Dec 13 ’24 when 400.0 shares were purchased. Director, Clyburn William Jr. completed a deal on Dec 13 ’24 to buy 201.0 shares. Meanwhile, Director Fahmy Sameh bought 350.0 shares on Dec 12 ’24.
