At the time of writing, Canadian National Railway Co [CNI] stock is trading at $106.25, up 1.74%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CNI shares have gain 5.52% over the last week, with a monthly amount glided 5.60%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Canadian National Railway Co [NYSE: CNI] stock has seen the most recent analyst activity on January 16, 2025, when Stifel upgraded its rating to a Buy and also revised its price target to $120 from $132. Previously, Jefferies upgraded its rating to Buy on January 10, 2025, and kept the price target unchanged to $120. On January 07, 2025, upgrade upgraded it’s rating to Overweight. Citigroup upgraded its rating to a Buy and increased its price target to $130 on November 12, 2024. RBC Capital Mkts upgraded its rating to a Outperform. Citigroup started tracking with a Neutral rating for this stock on October 09, 2024, and assigned it a price target of $125. In a note dated October 07, 2024, Wells Fargo upgraded an Overweight rating on this stock but restated the target price of $125.
For the past year, the stock price of Canadian National Railway Co fluctuated between $98.96 and $134.02. Currently, Wall Street analysts expect the stock to reach $122.86 within the next 12 months. Canadian National Railway Co [NYSE: CNI] shares were valued at $106.25 at the most recent close of the market. An investor can expect a potential return of 15.63% based on the average CNI price forecast.
Analyzing the CNI fundamentals
According to Canadian National Railway Co [NYSE:CNI], the company’s sales were 12.61B for trailing twelve months, which represents an 1.37% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.27 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.08.
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 104.82 points at the first support level, and at 103.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.62, and for the 2nd resistance point, it is at 108.99.
Ratios To Look Out For
It is important to note that Canadian National Railway Co [NYSE:CNI] has a current ratio of 0.64. In addition, the Quick Ratio stands at 0.49 and the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 5.30, the price to book ratio is 4.64 and price to earnings (TTM) ratio is 17.05.
