Economy

EPS for Canadian Pacific Railway Limited (USA) (CP) Expected At $2.38

More interesting news about Canadian National Railway (USA) (NYSE:CNI) were released by: Fool.ca and their article: "Canadian National Railway Company Just Became Safer" published on June 28, 2017 as well as Fool.ca's news article titled: "Canadian National Railway Company: Every Portfolio Should Have This Stock" with publication date: September 23, 2017. The same analysts have a future one-year price target of $86.08 on the shares. The stock of Canadian National Railway (USA) (NYSE:CNI) has "Overweight" rating given on Wednesday, January 27 by First Analysis. They noted that the move was a valuation call. Scotiabank restated an "outperform" rating and issued a C$115.00 price target on shares of Canadian National Railway in a report on Monday, September 11th. BidaskClub upgraded shares of Canadian National Railway from a "sell" rating to a "hold" rating in a research note on Wednesday, August 16th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. The stock has a consensus rating of Buy and a consensus target price of $184.06. Canadian National Railway (USA) (NYSE:CNI) has risen 30.03% since September 28, 2016 and is uptrending. $73.33's average target is -11.78% below currents $83.12 stock price. The stock has been recently separated from the 50-day moving average by 2.94%. A company with higher PE ratio is more worthy against a company with lower PE ratio.

04/25/2017 - Canadian National Railway Company had its "outperform" rating reiterated by analysts at Cowen. The company reported C$1.34 EPS for the quarter, topping analysts' consensus estimates of C$1.31 by C$0.03. The company earned $1.64 billion during the quarter, compared to analyst estimates of $1.24 billion. Canadian Pacific Railway Limited had a net margin of 29.21% and a return on equity of 37.13%. They expect $1.08 EPS, up 12.50% or $0.12 from last year's $0.96 per share. After $1.00 actual earnings per share reported by Canadian National Railway (USA) for the previous quarter, Wall Street now forecasts 8.00% EPS growth.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. This represents a $1.52 annualized dividend and a dividend yield of 1.01%. Suntrust Banks Inc. increased its stake in Canadian National Railway by 0.6% during the second quarter. It has a 111.81 P/E ratio. The stock rose 0.43% or $0.72 reaching $168.46. Pax World Management Llc bought 20,000 shares as the company's stock declined 1.49% while stock markets rallied. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The days to cover increased to 2.0 and the percentage of shorted shares was 0.01% on August 31. The shares were sold at an average price of $150.81, for a total transaction of $26,937,229.77. Financial Counselors Inc. now owns 5,719 shares of the transportation company's stock worth $464,000 after purchasing an additional 53 shares during the period.

In other news, insider Steven Nettleton sold 436 shares of the company's stock in a transaction that occurred on Tuesday, August 15th. Atria Investments LLC increased its stake in Canadian National Railway by 0.7% during the second quarter. Cullen Frost Bankers Inc. boosted its position in Canadian Pacific Railway Limited by 2.3% in the third quarter. Bank of America maintained the shares of CNI in report on Monday, February 22 with "Buy" rating. Standard Life Investments LTD boosted its position in Canadian Pacific Railway Limited by 1.2% in the third quarter. AGF Investments Inc. boosted its position in Canadian Pacific Railway Limited by 12.0% in the third quarter. Hall Laurie J Trustee now owns 1,275 shares of the transportation company's stock valued at $103,000 after purchasing an additional 50 shares during the period. Eaton Vance Management grew its holdings in shares of Canadian National Railway by 5,323.4% during the second quarter. Institutional investors and hedge funds own 54.45% of the company's stock. The Company transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles, serving the business centers of Canada from Montreal, Quebec, to Vancouver, British Columbia and the United States Northeast and Midwest regions. The Firm operates through rail transportation segment.



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