Stock To Watch: Norfolk Southern Corp. (NYSE:NSC)


The leading market experts have placed a mean price target of $92.05 on Norfolk Southern Corp. (NYSE:NSC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.34 a share for the upcoming quarter and $5.45 for the current fiscal.

Technical View

The technical analysis of Norfolk Southern Corporation Co plainly substantiates that the 50-day moving average of Norfolk Southern Corporation Co is $91.03, and stock is trading $2.83 points away or +3.11% from its 50-day moving average of $91.03. Further it is trading $8.29 or +9.69% away its 200-day moving average of $85.57. Norfolk Southern Corp. (NYSE:NSC) 52-week high is $98.75 and the 52-week low is $64.51.

This explains if the stock moves $-4.89, it will post a 52-week high. In event of +45.50% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Norfolk Southern Corporation Co, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Norfolk Southern Corp. (NYSE:NSC) ratio came in at 17.58.

The stock last ended the trading session at $93.86 and registered a market cap of $27.55B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Norfolk Southern Corp. (NYSE:NSC) PEG ratio is at 1.60.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 25 times, 1 visits today)