CNI stock: buy or sell?
February 21st, 2020
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?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. 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?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for CNI stock for the last month.
CNI stock analysis
Shares of Canadian National Railway closed on Feb 21st at $93.61 and remained steady a neutral -0.03%.
Shares of Canadian National Railway remained constant a neutral -0.03% and closed at $93.61. On December CNI price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. On January/21, CNI hit a new all time high, pushing higher than on Jan 17th tops. Check different trading setups that use ATHs as triggers.
Canadian National Railway shares remained steady -0.34% this week, ending at $93.61.
Canadian National Railway stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Canadian National Railway marked late January. Since SMA20w and SMA40w crossed up last week, CNI price slid a -0.66%. Since price and SMA40w lines crossed up by mid December 2019, CNI climbed $3.60 (4.00%).
CNI stock price history
CNI stock went public on November 26th, 1996 with a price of $0.791. Since then, CNI stock grew a 11,749.40%, with a yearly average of 510.80%. If you had invested $1,000 in CNI stock in 1996, it would worth $117,494.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CNI stock historical price chart
CNI stock reached all-time highs on January/21 with a price of $96.53.
CNI stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price target for Canadian National Railway stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Canadian National Railway was in line with the forecasts of the analysts and posted an EPS of $1.13 per share. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Canadian National Railway annual turnover soared a cool 9.82% to $14,321.00 million dollars from $13,041.00 marked in 2017. By contrast, its income margin (compared to sales) plummed to 30.22%, that is $4,328.00 million.
|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 million in sales for 2018-Q4, a 3.25% improvement compared to previous quarter. Reported quarter income marked $1,143.00 M with a profit margin of 30.02%. Profit margin stayed steady a -0.73% compared to previous quarter when profit margin was 30.75%. When comparing turnover to same quarter last year, Canadian National Railway sales marked a super good gain and rocketed a 45.78%. Looking back to recent quarterly results, Canadian National Railway posted 4 negative 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 worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Canadian National Railway, 2.99% of all outstanding shares are owned by its staff.
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||$66.8 B|
|Total shares||713.5 M|
|Float shares||607.1 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||3.0%|
|Shares in short selling||0.0%|
|Friday, February 21st, 2020|
|Day range||$92.97 - $94.05|
|Average true range||$1.27|
|50d mov avg||$92.73|
|100d mov avg||$90.95|
|200d mov avg||$91.00|
Canadian National Railway performanceTo better understand Canadian National Railway performance you must compare its gains with other related stocks in same sector or industry. We picked as the bechmarking frame for Canadian National Railway stock.
Canadian National Railway competitorsUnfortunately, we could not find any public company that could be defined as Canadian National Railway competitor. This doesn't mean Canadian National Railway does not have any competitor in the market, it's just we could not detected it.
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