Wall Street Analyst Initiated Canadian National Railway Company [CNI]. What else is Wall St. saying

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Canadian National Railway Company [NYSE: CNI] gained 0.31% on the last trading session, reaching $130.97 price per share at the time. The company report on November 24, 2021 that CN’s New Indigenous Advisory Council Holds Inaugural Meeting and Announces Members.

Ten new members drawn from Canada’s First Nations, Inuit and Métis communities join Council.


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The Council will provide advice and guidance to the board and CEO of CN on deepening its relationship with Indigenous peoples.

Canadian National Railway Company represents 708.70 million in outstanding shares, while the company has a total market value of $92.51 billion with the latest information. CNI stock price has been found in the range of $129.15 to $131.06.

If compared to the average trading volume of 2.07M shares, CNI reached a trading volume of 861063 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Canadian National Railway Company [CNI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CNI shares is $117.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CNI stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Atlantic Equities have made an estimate for Canadian National Railway Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 16, 2021. The new note on the price target was released on October 21, 2021, representing the official price target for Canadian National Railway Company stock. On September 20, 2021, analysts increased their price target for CNI shares from 150 to 155.

The Average True Range (ATR) for Canadian National Railway Company is set at 2.08, with the Price to Sales ratio for CNI stock in the period of the last 12 months amounting to 8.11. The Price to Book ratio for the last quarter was 5.40, with the Price to Cash per share for the same quarter was set at 2.47. Price to Free Cash Flow for CNI in the course of the last twelve months was 49.71 with Quick ratio for the last quarter at 1.20.

Trading performance analysis for CNI stock

Canadian National Railway Company [CNI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.57. With this latest performance, CNI shares dropped by -1.64% in over the last four-week period, additionally plugging by 18.19% over the last 6 months – not to mention a rise of 18.16% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CNI stock in for the last two-week period is set at 58.96, with the RSI for the last a single of trading hit 58.45, and the three-weeks RSI is set at 59.96 for Canadian National Railway Company [CNI]. The present Moving Average for the last 50 days of trading for this stock 124.81, while it was recorded at 129.91 for the last single week of trading, and 114.19 for the last 200 days.

Canadian National Railway Company [CNI]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Canadian National Railway Company [CNI] shares currently have an operating margin of +38.09 and a Gross Margin at +44.89. Canadian National Railway Company’s Net Margin is presently recorded at +25.78.

Return on Total Capital for CNI is now 16.12, given the latest momentum, and Return on Invested Capital for the company is 11.45. Return on Equity for this stock inclined to 18.90, with Return on Assets sitting at 7.92. When it comes to the capital structure of this company, Canadian National Railway Company [CNI] has a Total Debt to Total Equity ratio set at 67.80. Additionally, CNI Total Debt to Total Capital is recorded at 40.41, with Total Debt to Total Assets ending up at 29.36. Long-Term Debt to Equity for the company is recorded at 62.63, with the Long-Term Debt to Total Capital now at 37.32.

Reflecting on the efficiency of the workforce at the company, Canadian National Railway Company [CNI] managed to generate an average of $146,097 per employee. Receivables Turnover for the company is 11.75 with a Total Asset Turnover recorded at a value of 0.31.Canadian National Railway Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.40.

Canadian National Railway Company [CNI]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Canadian National Railway Company posted 1.07/share EPS, while the average EPS was predicted by analysts to be reported at 1.13/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -5.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CNI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Canadian National Railway Company go to 10.80%.

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An analysis of insider ownership at Canadian National Railway Company [CNI]

There are presently around $54,240 million, or 77.80% of CNI stock, in the hands of institutional investors. The top three institutional holders of CNI stocks are: TCI FUND MANAGEMENT LTD with ownership of 36,699,825, which is approximately 21.895% of the company’s market cap and around 0.20% of the total institutional ownership; ROYAL BANK OF CANADA, holding 32,919,394 shares of the stock with an approximate value of $4.31 billion in CNI stocks shares; and MASSACHUSETTS FINANCIAL SERVICES CO /MA/, currently with $4.17 billion in CNI stock with ownership of nearly -0.63% of the company’s market capitalization.

Positions in Canadian National Railway Company stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 303 institutional holders increased their position in Canadian National Railway Company [NYSE:CNI] by around 40,626,664 shares. Additionally, 318 investors decreased positions by around 34,287,878 shares, while 160 investors held positions by with 339,226,111 shares. The mentioned changes placed institutional holdings at 414,140,653 shares, according to the latest SEC report filing. CNI stock had 84 new institutional investments in for a total of 16,965,672 shares, while 78 institutional investors sold positions of 3,577,072 shares during the same period.