Canadian National Railway Company (NYSE: CNI) is -11.53% lower on its value in year-to-date trading and has touched a low of $106.61 and a high of $137.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CNI stock was last observed hovering at around $109.35 in the last trading session, with the day’s loss setting it -0.66% off its average median price target of $165.71 for the next 12 months. It is also 46.43% off the consensus price target high of $202.88 offered by 31 analysts, but current levels are 20.0% higher than the price target low of $135.86 for the same period.
Currently trading at $108.69, the stock is -7.67% and -10.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing -0.60% at the moment leaves the stock -10.06% off its SMA200. CNI registered -7.50% loss for a year compared to 6-month loss of -19.92%.
The stock witnessed a -11.97% gain in the last 1 month and extending the period to 3 months gives it a -2.09%, and is -6.97% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.87% over the week and 1.97% over the month.
Canadian National Railway Company (CNI) has around 27930 employees, a market worth around $76.97B and $11.42B in sales. Current P/E ratio is 20.10 and Fwd P/E is 20.55. Profit margin for the company is 33.30%. Distance from 52-week low is 1.95% and -20.77% from its 52-week high. The company has generated returns on investments over the last 12 months (14.40%).
Canadian National Railway Company (CNI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Canadian National Railway Company (CNI) is a “Hold”. 31 analysts offering their recommendations for the stock have an average rating of 2.50, where 20 rate it as a Hold and 1 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Canadian National Railway Company is expected to release its quarterly report on 10/25/2022.The EPS is expected to grow by 43.50% this year.
Canadian National Railway Company (CNI) Top Institutional Holders
The shares outstanding are 690.00M, and float is at 680.88M with Short Float at 0.80%.
Canadian National Railway Company (CNI): Who are the competitors?
The company’s main competitors (and peers) include Norfolk Southern Corporation (NSC) that is trading -12.94% down over the past 12 months and Canadian Pacific Railway Limited (CP) that is 1.97% higher over the same period. CSX Corporation (CSX) is -10.93% down on the 1-year trading charts.