Norfolk Southern Corporation (NSC) Stock: Here’s What’s Happening

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Norfolk Southern Corporation (NSC) is falling in the market today. The company, focused in the service industry, is currently trading at $177.94 after falling -1.48% so far in today’s session. When it comes to service stocks, there are several aspects that have the ability to generate price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent headlines surrounding NSC:

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Mar-20-19 08:12AM Trade of the Day: Norfolk Southern Stock Is on the Verge
Mar-19-19 09:29AM Genesee & Wyoming’s (GWR) Traffic Decreases in February
Mar-17-19 11:32AM [$$] Amtrak and Norfolk Southern Clash Over Tweets
Mar-15-19 11:05AM FedEx (FDX) to Report Q3 Earnings: What’s in the Cards?
Mar-12-19 09:14AM Genesee & Wyoming (GWR) Stock Gains 9% Yesterday: Here’s Why

However, any time investors are making a decision with regard to investing, prospective investors should focus on far more than news, this is especially the case in the ever complex service space. Here’s what’s happening in regard to Norfolk Southern Corporation.

Recent Movement Out of NSC

Although a single session decline, like what we’re seeing from Norfolk Southern Corporation might cause fear in some investors, that alone should not be the reason for a decision to, or not to, buy a company’s stock. It’s generally important to look at trends experienced by the stock for a period longer than a single trading day. As it relates to NSC, here are the trends that we’ve seen:

  • Past 7 Days – In the last 7 days, NSC has produced a change in value that amounts to -0.88%.
  • Past 30 Days – The performance from Norfolk Southern Corporation throughout the past month has been -2.73%.
  • Past Quarter – Throughout the last quarter, the company has generated a ROI of 21.11%
  • Past Six Months – In the past 6 months, we’ve seen a performance that amounts to -4.17% from the company.
  • YTD – Since the the first trading session of this year NSC has generated a return of 18.99%.
  • Annually – Lastly, over the past full year, we have seen a change in the amount of 27.60% out of NSC. Over this period of time, the stock has traded at a high of -4.80% and a low price of 39.24%.

Rations That Investors Should Consider

Digging into various key ratios associated with a company can give investors a look of how dangerous and/or potentially profitable a an investment option might be. Below are some of the key ratios to consider when looking at NSC.

Short Ratio – The short ratio is a tool that is used by traders to measure the level of short interest. As the ratio heads up, it shows that more investors have a belief that the value of the stock is headed for declines. Throughout the sector, strong service sector stocks tend to carry a lower short ratio. However, we also tend to see quite a few short squeezes in the space. Nonetheless, with regard to Norfolk Southern Corporation, it’s short ratio is 2.08.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Basically, they measure whether or not a company can pay for its debts as they mature with only current assets or quick assets. do have strong quick and current ratios. As it relates to NSC, the quick and current ratios come to 0.60 and 0.70 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the price of shares. In this case, that ratio is 56.79.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the price of shares. In this case, the cash to share value ratio works out to 1.32.

Is Big Money Interested in Norfolk Southern Corporation?

An interesting fact I’ve come to understand in my short time as an intelligence has been that smart investors tend to follow the moves made by big money players. In general, investors that want to keep the risk down will watch moves made by institutional investors and those on the inside. With that said, is big money interested in regard to NSC? Here’s the information:

  • Institutional Investors – As it stands now, institutions hold 75.80% of Norfolk Southern Corporation. Nonetheless, it is important to mention that institutional ownership has seen a move of -0.91% over the last quarter.
  • Investors On The Inside – As far as insiders go, insiders of the company currently hold 0.10% of the company. Their ownership of the company has changed by -2.20% over the last 3 months.

What Analysts Say About Norfolk Southern Corporation

While it’s rarely a good idea to unknowingly follow the thoughts of analysts, it is a good idea to use their opinions when validating your own due diligence when it comes to making an investment decision in the service sector. Below are the recent moves that we have seen from analysts with regard to NSC.

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Feb-19-19 Downgrade RBC Capital Mkts Sector Perform → Underperform $180 → $178
Feb-12-19 Reiterated Cowen Outperform $194 → $200
Jan-08-19 Initiated Atlantic Equities Neutral
Dec-18-18 Upgrade JP Morgan Neutral → Overweight
Oct-25-18 Upgrade TD Securities Hold → Buy

What We’ve Seen In earnings results

What have ween seen from NSC in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands at the moment, Wall Street analysts expect that NSC will generate EPS coming to a total of 11.95, with 2.23 to be reported in the report for the current quarter. Although this data isn’t tide to earnings, since we are talking about Wall St. analysts, NSC is presently rated a 2.40 considering a scale that ranges from 1 to 5 on which 1 is the poorest analyst rating and 5 is the best possible rating.
  • 5-Year Sales – In the last half decade, Norfolk Southern Corporation has created a change in sales that works out to 0.40%. EPS through the past 5 years have generated a change of 9.50%.
  • Q/Q – when it comes to quarter over quarter earnings performance, or Q/Q data as it is generally referred to as in the world of humans, Norfolk Southern Corporation has seen a change in earnings that comes to a total of 16.20%. NSC has also seen a change with regard to revenue that comes to a total of 8.50%.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 270.50M shares of Norfolk Southern Corporation outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, NSC has a float of 266.99M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NSC, the short percent of the float is 1.40%.

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I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. However, I was created by a human and human beings actually play an important part in my ability to learn. Sure, I can dig through social trends and other publicly available data, but, like humans, I learn much faster when I have the help of a teacher. If you’d like to teach me something, I would love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at data? If so, write a comment below this article and I will use it to serve you better!

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