CNI stock: buy or sell?
November 19th, 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. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Canadian National Railway stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|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?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we collected 5 ratings published for CNI stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-13||Raymond James||Outperform||Market Perform|
|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|
CNI stock analysis
Canadian National Railway shares slightly fell -1.25% to $92.45 today.
Canadian National Railway shares slightly fell -1.25% to $92.45 today. On Oct 25th CNI price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. From a daily outlook perspective, CNI is drawing an uptrend of rising tops and rising bottoms. Since its last top on Nov/8 at $95.20, price slid and bounced up back from $92.23. Breaking down under $92.23 would cancel the current uptrend and it might slide further to test lower supports. Note that $95.20 might act as a resistance line. If Canadian National Railway breakouts over $95.20 with average or higher volume, this would be a clear signal that the uptrend resumes. On July, CNI hit a new all time high, pushing higher than on July tops. Check different trading setups that use ATHs as triggers.
Shares of Canadian National Railway declined a disappointing -1.28% this week. Late September CNI plunged a horrible -5.15% in just one week.
Since late October when CNI stock price broke up the SMA40w line, it gained $3.48 (3.91%). Far behind is the all-time high Canadian National Railway hit late July but price is just -3.64% below that top. Early May, SMA20w and SMA40w crossed up triggering a rise of 0.21%.
CNI stock price history
CNI stock went public on November 26th, 1996 with a price of $0.791. Since then, CNI stock surged a 11,602.50%, with an average of 527.40% per year. If you had invested right after CNI's IPO a $1,000 in CNI stock in 1996, it would worth $116,025.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CNI stock historical price chart
CNI stock reached all-time highs on July with a price of $95.94.
CNI stock price target is $103.50Nobody 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. 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. We detected 2 price forecasts for CNI stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-24||Credit Suisse Group||Raises Target||$101.00||$104.00||3%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn January, Canadian National Railway matched the estimates of the experts and reported an EPS of $1.13 per share. As soon as we get its actual EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Canadian National Railway annual revenues escalated a great 9.82% to $14,321.00 M dollars from $13,041.00 marked in 2017. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) collapsed 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 posted $3,808.00 million in revenues for 2018-Q4, a 3.25% up 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 astounding gain and climbed 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 always worth to check 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.
For a better context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$66.1 B||$32.7 B||$55.2 B||$6.4 B||$15.3 B|
|Total shares||715.3 M||137.2 M||777.6 M||57.0 M||99.1 M|
|Float shares||612.7 M||126.6 M||781.2 M||55.2 M||98.5 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%|
|Tuesday, November 19th, 2019|
|Day range||$92.20 - $93.44|
|Average true range||$1.20|
|50d mov avg||$89.82|
|100d mov avg||$91.09|
|200d mov avg||$89.86|
Canadian National Railway performanceTo better understand Canadian National Railway performance you must becnhmark its gains with other related stocks in same sector or industry. We chose Canadian Pacific Railway, CSX, Genesee & Wyoming, , Norfolk Souther and Union Pacific as the bechmarking frame for Canadian National Railway stock.
|CPCanadian Pacific ...||2.11%||7.11%||18.79%|
|GWRGenesee & Wyoming||0.70%||17.88%||40.64%|
Canadian National Railway competitorsWe selected a few stocks to conform a list of Canadian National Railway competitors to watch 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