Norfolk Southern Corporation (NYSE: NSC) is 3.84% higher on its value in year-to-date trading and has touched a low of $203.65 and a high of $291.55 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NSC stock was last observed hovering at around $256.44 in the last trading session, with the day’s loss setting it -0.56%.
Currently trading at $255.88, the stock is 1.73% and 2.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -0.22% at the moment leaves the stock 6.01% off its SMA200. NSC registered -7.43% loss for a year compared to 6-month loss of 3.64%.
The stock witnessed a 3.72% gain in the last 1 month and extending the period to 3 months gives it a 23.00%, and is -0.30% 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 2.43% over the week and 1.88% over the month.
Norfolk Southern Corporation (NSC) has around 18100 employees, a market worth around $58.36B and $12.36B in sales. Current P/E ratio is 18.83 and Fwd P/E is 18.24. Profit margin for the company is 26.20%. Distance from 52-week low is 25.65% and -12.23% from its 52-week high. The company has generated returns on investments over the last 12 months (13.00%).
Norfolk Southern Corporation (NSC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Norfolk Southern Corporation (NSC) is a “Hold”. 29 analysts offering their recommendations for the stock have an average rating of 2.70, where 20 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 54.50% this year.
Norfolk Southern Corporation (NSC) Top Institutional Holders
The shares outstanding are 233.20M, and float is at 231.23M with Short Float at 1.04%.
Norfolk Southern Corporation (NSC) Insider Activity
A total of 17 insider transactions have happened at Norfolk Southern Corporation (NSC) in the last six months, with sales accounting for 14 and purchases happening 3 times. The most recent transaction is an insider sale by Squires James A,the company’sDirector. SEC filings show that Squires James A sold 21,272 shares of the company’s common stock on Dec 08 at a price of $245.76 per share for a total of $5.23 million. Following the sale, the insider now owns 1001.0 shares.
Norfolk Southern Corporation disclosed in a document filed with the SEC on Dec 01 that Shaw Alan H. (President & CEO) sold a total of 2,000 shares of the company’s common stock. The trade occurred on Dec 01 and was made at $258.35 per share for $0.52 million. Following the transaction, the insider now directly holds 30158.0 shares of the NSC stock.
Still, SEC filings show that on Sep 01, Shaw Alan H. (President & CEO) disposed off 2,000 shares at an average price of $241.28 for $0.48 million. The insider now directly holds 32,255 shares of Norfolk Southern Corporation (NSC).
Norfolk Southern Corporation (NSC): Who are the competitors?
The company’s main competitors (and peers) include Union Pacific Corporation (UNP) that is trading -17.52% down over the past 12 months. CSX Corporation (CSX) is -6.57% down on the 1-year trading charts.