Canadian National Railway (TSE:CNR) Releases Earnings Results

Canadian National Railway (TSE:CNR) (NYSE:CNI) issued its quarterly earnings data on Friday. The company reported C$2.08 earnings per share (EPS) for the quarter, FiscalAI reports. Canadian National Railway had a return on equity of 27.10% and a net margin of 31.20%.The firm had revenue of C$4.46 billion during the quarter.

Canadian National Railway Stock Performance

TSE:CNR opened at C$130.99 on Friday. Canadian National Railway has a 52 week low of C$126.11 and a 52 week high of C$154.13. The company has a fifty day simple moving average of C$135.52 and a two-hundred day simple moving average of C$133.23. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 107.59. The company has a market cap of C$80.37 billion, a price-to-earnings ratio of 17.80, a price-to-earnings-growth ratio of 3.38 and a beta of 0.80.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CNR. National Bankshares set a C$150.00 price target on shares of Canadian National Railway and gave the company a “sector perform” rating in a research note on Thursday, January 8th. ATB Capital lifted their target price on shares of Canadian National Railway from C$150.00 to C$151.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Royal Bank Of Canada cut their target price on Canadian National Railway from C$158.00 to C$153.00 and set an “outperform” rating on the stock in a research report on Thursday, December 18th. Desjardins lowered their price target on Canadian National Railway from C$161.00 to C$160.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Finally, Scotiabank lifted their price objective on Canadian National Railway from C$160.00 to C$163.00 and gave the company an “outperform” rating in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Canadian National Railway presently has an average rating of “Moderate Buy” and a consensus target price of C$153.53.

Canadian National Railway Company Profile

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.