CNI stock: buy or sell?
August 23rd, 2019
Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers.
Should I buy CNI stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Canadian National Railway stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Canadian National Railway stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we collected 8 ratings published for CNI stock in the last month. The general sentiment of these ratings is bullish for CNI stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-24||Credit Suisse Group||n/a||Outperform|
|2019-7-10||Goldman Sachs Group||n/a||Neutral|
|2019-4-30||Royal Bank of Canada||Outperform||Sector Perform|
|2019-1-15||Credit Suisse Group||Neutral||Outperform|
CNI stock analysis
Canadian National Railway ended today at $89.90 and fell a rough -2.11%.
Canadian National Railway shares fell -2.11% to $89.90 today. Since last May when SMA100d and SMA200d crossed up, CNI price slipped $-1.97 per share (-2.14%). On July/29, CNI hit a new all time high, pushing higher than on July/16 tops. Check different trading setups that use ATHs as triggers.
Canadian National Railway shares slipped -2.79% this week, ending at $89.90.
Not so far away is the last price record Canadian National Railway marked late July. Since early May when SMA20w and SMA40w crossed up, CNI price slipped $-2.89 per share (-3.11%). By mid February CNI price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
CNI stock price history
CNI IPO was on November 26th, 1996 at $0.80 per share1. Since then, CNI stock grew a 11,137.50%, with a yearly average of 506.30%. If you had invested right after CNI's IPO a $1,000 in CNI stock in 1996, it would worth $111,375.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CNI stock historical price chart
CNI stock reached all-time highs on Jul 29th with a price of $96.49.
CNI stock price target is $97.00How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' CNI stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we found 4 price targets for CNI stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-24||Credit Suisse Group||Raises Target||$101.00||$104.00||3%|
|2019-1-15||Credit Suisse Group||Upgrades||$90.00||$95.00||5.6%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince January, when Canadian National Railway presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a phenomenal gain of 9.82% to $14,321.00 million USD. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) plummed a -11.83% to 30.22%.
|2013||$10,580 M||-||$2,610 M24.7%||-|
|2014||$10,442 M||-1.31%||$2,725 M26.1%||4.42%|
|2015||$12,611 M||20.78%||$3,538 M28.1%||29.82%|
|2016||$12,037 M||-4.55%||$3,640 M30.2%||2.88%|
|2017||$13,041 M||8.34%||$5,484 M42.1%||50.66%|
|2018||$14,321 M||9.82%||$4,328 M30.2%||-21.08%|
Quarterly financial resultsCanadian National Railway reported $3,808.00 M in revenues for 2018-Q4, a 3.25% improvement compared to previous quarter. Reported quarter income marked $1,143.00 million with a profit margin of 30.02%. Profit margin remained steady a -0.73% compared to previous quarter when profit margin was 30.75%. When comparing sales to same quarter last year, Canadian National Railway sales marked an extraordinary increase and skyrocketed a 45.78%. Looking back to recent quarterly results, Canadian National Railway posted 4 positive quarters in a row.
|2017-Q2||$3,330 M||-||$1,030 M30.9%||-|
|2017-Q3||$3,220 M||-3.30%||$958 M29.8%||-6.99%|
|2017-Q4||$2,612 M||-18.88%||$2,076 M79.5%||116.72%|
|2018-Q1||$3,194 M||22.28%||$741 M23.2%||-64.31%|
|2018-Q2||$3,631 M||13.68%||$1,310 M36.1%||76.79%|
|2018-Q3||$3,688 M||1.57%||$1,134 M30.7%||-13.44%|
|2018-Q4||$3,808 M||3.25%||$1,143 M30.0%||0.79%|
|2019-Q1||$3,544 M||-6.93%||$786 M22.2%||-31.23%|
Canadian National Railway ownershipWhen you are planning to invest in shares of a stock, it's always worth to have a look its ownership structure.
Canadian National Railway shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.04% of all shares.
In case of Canadian National Railway stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CNI stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Canadian National Railway:
|Market cap||$65.4 B||$33.9 B||$53.5 B||$6.3 B||$12.4 B|
|Total shares||727.3 M||144.9 M||809.2 M||56.5 M||100.6 M|
|Float shares||616.5 M||128.7 M||796.9 M||55.5 M||99.3 M|
|- Institutional holdings (%)||0.0%||75.4%||78.7%||98.0%||85.4%|
|- Insider holdings (%)||3.0%||0.0%||0.2%||1.9%||0.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$89.54 - $92.08|
|Average true range||$1.79|
|50d mov avg||$92.87|
|100d mov avg||$92.16|
|200d mov avg||$87.02|
Canadian National Railway performanceTo measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare Canadian National Railway performance to Canadian Pacific Railway, CSX, Genesee & Wyoming, , Norfolk Souther and Union Pacific:
|CPCanadian Pacific ...||4.96%||13.12%||16.09%|
|GWRGenesee & Wyoming||17.12%||31.71%||25.58%|
Canadian National Railway competitorsWe selected a few stocks to conform a list of Canadian National Railway competitors to examine if you are interested in investing in CNI:
- Canadian Pacific Railway (CP)
- CSX (CSX)
- Genesee & Wyoming (GWR)
- Norfolk Souther (NSC)
- Union Pacific (UNP)
Latest CNI stock news
- Seeking AlphaKeep Your Portfolio On The Right Track With Canadian National RailwayJune 14, 2019
- Seeking AlphaCanadian National Railway Is Hoping Oil By Rail Can Fuel Growth In 2019May 2, 2019
- Seeking AlphaCanadian National Railway - Bearish Option TradesMay 1, 2019
- Seeking AlphaCanadian National Railway: The Ultimate Wide-Moat PickApril 11, 2019
- Seeking AlphaPlay Defense With Canadian National RailwayJanuary 12, 2019