Norfolk Southern Corp. (NYSE: NSC) is -9.36% lower on its value in year-to-date trading and has touched a low of $183.09 and a high of $263.66 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 NSC stock was last observed hovering at around $215.86 in the last trading session, with the day’s loss setting it -1.61%.
Currently trading at $214.25, the stock is -2.34% and -5.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -0.75% at the moment leaves the stock -5.98% off its SMA200. NSC registered -5.70% loss for a year compared to 6-month loss of -7.26%.
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The stock witnessed a -4.05% gain in the last 1 month and extending the period to 3 months gives it a -14.31%, and is -0.20% 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 1.42% over the week and 1.88% over the month.
Norfolk Southern Corp. (NSC) has around 20700 employees, a market worth around $48.40B and $12.03B in sales. Current P/E ratio is 34.44 and Fwd P/E is 15.58. Profit margin for the company is 11.74%. Distance from 52-week low is 17.02% and -18.74% from its 52-week high. The company has generated returns on investments over the last 12 months (4.75%).
The EPS is expected to shrink by 0.00% this year.
Norfolk Southern Corp. (NSC) Top Institutional Holders
The shares outstanding are 225.91M, and float is at 225.77M with Short Float at 0.78%.
Norfolk Southern Corp. (NSC) Insider Activity
The most recent transaction is an insider purchase by Fahmy Sameh,the company’sDirector. SEC filings show that Fahmy Sameh bought 2,000 shares of the company’s common stock on Jun 14 ’24 at a price of $219.25 per share for a total of $0.44 million. Following the purchase, the insider now owns 7000.0 shares.
Norfolk Southern Corp. disclosed in a document filed with the SEC on Jun 03 ’24 that Fahmy Sameh (Director) bought a total of 1,500 shares of the company’s common stock. The trade occurred on Jun 03 ’24 and was made at $222.17 per share for $0.33 million. Following the transaction, the insider now directly holds 5000.0 shares of the NSC stock.
Still, SEC filings show that on May 31 ’24, Fahmy Sameh (Director) acquired 500 shares at an average price of $222.20 for $0.11 million. The insider now directly holds 3,500 shares of Norfolk Southern Corp. (NSC).
