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.



Like this

loading...
loading...

Latest


29 September 2017
USA stock market opens higher ahead of Trump tax reform
Dow Jones Industrial Average (DJI) gained 0.3 percent to $22,340 after the close, while S&P 500 was up 0.4 percent to $2,507.04. Germany's benchmark 10-year bond yield rose 4 basis points to 0.504 percent, its highest level in over eight weeks.

29 September 2017
Interior Ministry opposes MML's registration as political party
The party, political observers said, seems as an effort to set up a front which is acceptable to moderate Pakistanis. He said that no proof against the MML leadership had been provided to the ECP along with the so-called letter.

29 September 2017
Miranda Lambert to perform in Knoxville
Lambert has been named Academy of Country Music Awards Female Vocalist of the Year for eight consecutive years. Grammy Award-winner Miranda Lambert is launching a new tour, and she's bringing the show to Lexington.

29 September 2017
Najib Congratulates Germany's Merkel Over Election Victory
President Buhari using his Twitter handle felicitated with the German Chancellor's party and wished her a successful tenure ahead. Najib said he had a productive meeting with the chancellor a year ago .

29 September 2017
Clue to Identify In Play Stocks (Relative Volume) - Carnival Corporation (NYSE:CCL)
Putting the focus on shares of Carnival Corp ( CCL ), we have noted that the SuperTrend indicator is now above the stock price. Robeco Institutional Asset Management B.V. increased its holdings in Carnival Corporation by 4,220.0% in the 2nd quarter.

29 September 2017
NXT: Adam Cole stays sane against Eric Young in in-ring debut
All that and more on this week's edition of NXT! Mauro Ranallo, Percy Watson, and Nigel McGuinness have the call for this week. Springboard crossbody from Aichner lands outside and he connects on a delayed vertical suplex inside for a nearfall.

29 September 2017
Anthony Scaramucci Announces Launch of 'The Scaramucci Post'
Its Twitter feed is largely populated with polls about who to follow or issues of the day, as well as a notable number of unexplained animal emojis.

29 September 2017
Mario was punching Yoshi in the head in Super Mario World
Mario has a habit of punching things, with the official line being that it's his raised fist that breaks bricks, and it turns out that Yoshi was not spared his wrath.

29 September 2017
Canadian Natural Resources Limited (CNQ) Getting Somewhat Favorable News Coverage, Accern Reports
Canadian Natural Resources Limited had 28 analyst reports since July 21, 2015 according to SRatingsIntel. The stock's market capitalization is 41.61B, it has a 52-week low of 27.52 and a 52-week high of 35.28.

28 September 2017
Liverpool oppose plan to switch Arsenal trip to Xmas Eve
It will see Reds supporters made to travel down from Merseyside to north London for seemingly a 4pm kick-off on Christmas Eve. It is also stated that no amount of opposition from supporters is likely to have any impact on when the game is played.