CNI stock: buy or sell?

CNI stock price: $76.64 2.41% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

2

Shares of Canadian National Railway rose a very good 2.41% and closed at $76.64. On March 24th CNI skyrocketed an amazing 9.94%.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we 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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Canadian National Railway stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for CNI stock for the last month.

CNI stock analysis

Daily outlook

Canadian National Railway ended today at $76.64 and rose a very good 2.41%.

Canadian National Railway shares rose 2.41% to $76.64 today. In the last 37 days when CNI stock price broke down the SMA200d line, it slid $-14.63 per share (-16.03%). On January, CNI hit new all time highs, pushing higher previous ATH of $95.51 recorded on January. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

CNI stock chart (daily)

Weekly outlook

After boosting an amazing 7.16% in a week last week, Canadian National Railway closed this week at $76.64 and soared an excellent 3.67%. By mid March CNI plummed a chilling -12.54% in just one week.

Not so far away is the last price record Canadian National Railway marked late January, but since then it dropped a 20.08%. Since price and 40-weeks moving average lines crossed down late February, CNI fell $-16.35 per share (-17.58%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

CNI stock chart (weekly)

CNI stock price history

CNI stock went public on November 26th, 1996 with a price of $0.781. Since then, CNI stock grew a 9,725.60%, with an average of 422.90% per year. If you had invested $1,000 in CNI stock in 1996, it would worth $97,256.00 today.

1: Adjusted price after possible price splits or reverse-splits.

CNI stock historical price chart

CNI stock reached all-time highs on January with a price of $95.89.

CNI stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. 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 month 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 estimates of the experts and posted an EPS of $1.13 per share. As soon as we get its actual EPS from the earnings report, we will extend this report.
CNI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.36n/a
2017-Q3-n/a1.27n/a
2017-Q4-n/a3.48n/a
2018-Q12018-04-230.80.79-1.3%
2018-Q22018-07-241.051.1711.4%
2018-Q32018-10-231.121.152.7%
2018-Q42019-01-291.111.131.8%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Canadian National Railway annual sales jumped a cool 9.82% to $14,321.00 million dollars from $13,041.00 marked in 2017. In contrary, its income margin (compared to sales) plummed to 30.22%, that is $4,328.00 million.

CNI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$10,580 M-$2,610 M24.7%-
2014$10,442 M-1.31%$2,725 M26.1%4.42%
2015$12,611 M20.78%$3,538 M28.1%29.82%
2016$12,037 M-4.55%$3,640 M30.2%2.88%
2017$13,041 M8.34%$5,484 M42.1%50.66%
2018$14,321 M9.82%$4,328 M30.2%-21.08%

Quarterly financial results

Canadian National Railway posted $3,808.00 M in sales for 2018-Q4, a 3.25% up compared to previous quarter. Reported quarter earnings marked $1,143.00 million with a profit margin of 30.02%. Profit margin stayed constant a -0.73% compared to previous quarter when profit margin was 30.75%. When comparing revenues to same quarter last year, Canadian National Railway sales marked an amazing increase and rocketed a 45.78%. Looking back to recent quarterly results, Canadian National Railway posted 4 positive quarters in a row.
CNI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M22.28%$741 M23.2%-64.31%
2018-Q2$3,631 M13.68%$1,310 M36.1%76.79%
2018-Q3$3,688 M1.57%$1,134 M30.7%-13.44%
2018-Q4$3,808 M3.25%$1,143 M30.0%0.79%
2019-Q1$3,544 M-6.93%$786 M22.2%-31.23%

Canadian National Railway ownership

When you are planning to buy a stock, it's always worth to check 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.

For a better context understanding, the next table shows ownership data compared to other related stocks:

CNI
Market cap$54.7 B
Total shares713.5 M
Float shares608.6 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)3.0%
Shares in short selling0.0%

CNI summary

Thursday, April 2nd, 2020
Open$74.14
Close$76.64
Day range$73.19 - $76.96
Previous close$74.84
Session gain2.41%
Average true range$5.46
50d mov avg$84.67
100d mov avg$87.73
200d mov avg$88.76
Daily patternlt11a
Weekly pattern

Canadian National Railway performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Canadian National Railway, the comparison is made against .
Stock3m6m12m
CNICanadian National...-15.39%-8.72%-12.86%

Canadian National Railway competitors

Unfortunately, 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