Canadian National Railway (TSE:CNR – Get Free Report) (NYSE:CNI) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, October 24th. Analysts expect Canadian National Railway to post earnings of C$1.85 per share for the quarter.
Canadian National Railway (TSE:CNR – Get Free Report) (NYSE:CNI) last announced its earnings results on Tuesday, July 25th. The company reported C$1.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.83 by C($0.07). The business had revenue of C$4.06 billion for the quarter, compared to analysts’ expectations of C$4.18 billion. Canadian National Railway had a return on equity of 24.97% and a net margin of 30.20%. During the same quarter last year, the business posted $1.93 earnings per share.
Canadian National Railway Stock Performance
Shares of CNR opened at C$148.90 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.58 and a debt-to-equity ratio of 85.05. The firm has a market cap of C$97.62 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 2.38 and a beta of 0.70. The company’s 50 day simple moving average is C$151.10 and its 200-day simple moving average is C$155.89. Canadian National Railway has a 12-month low of C$143.99 and a 12-month high of C$175.39.
Canadian National Railway Announces Dividend
Wall Street Analyst Weigh In
CNR has been the topic of a number of analyst reports. Raymond James upgraded shares of Canadian National Railway from a “market perform” rating to an “outperform” rating in a research report on Thursday, September 14th. Royal Bank of Canada lowered their price objective on shares of Canadian National Railway from C$165.00 to C$163.00 and set a “sector perform” rating on the stock in a research report on Tuesday, September 19th. CIBC lowered their price objective on shares of Canadian National Railway from C$177.00 to C$175.00 in a research report on Wednesday, July 26th. Desjardins lowered their price objective on shares of Canadian National Railway from C$181.00 to C$172.00 and set a “buy” rating on the stock in a research report on Wednesday, October 11th. Finally, Barclays reduced their target price on Canadian National Railway from C$160.00 to C$150.00 and set an “equal weight” rating for the company in a report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of C$167.53.
Read Our Latest Stock Analysis on Canadian National Railway
Canadian National Railway Company Profile
Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business. The company offers rail services, which include equipment, custom brokage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services including temperature controlled cargo, port partnership, transloading and distribution, logistic parks, customs brokerage, trucking, and moving grains in containers.
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