For its first fiscal quarter (ending March 31), Norfolk Southern Corp (NYSE: NSC) has reported E.P.S. of $0.23 compared to $2.04 a year ago. For the latest four quarters through March 31, E.P.S. were $6.23 compared to $13.04 a year ago.
Recent Price Action
Norfolk Southern Corp (NYSE: NSC) stock closed at $236.22 on 4/24/24 after a decline of -3.6%. Moreover, this decline was accompanied by exceptionally high trading volume at 226% of normal. The stock has been strong relative to the market over the last nine months but has declined -2.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NSC is expected to continue to be a major Value Builder.
Norfolk Southern has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Norfolk Southern has a poor Appreciation Score of 22 but a good Power Rating of 81, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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