Norfolk Southern Intrinsic Value Calculator – Bank of America Bullish on Norfolk Southern’s Stock Rating
December 2, 2023
🌥️Trending News
Bank of America has given Norfolk Southern ($NYSE:NSC) a bullish rating, believing the railway company’s stock is a good investment. It hauls merchandise such as coal, automobiles, chemicals, and timber as well as intermodal cargo for many different industries. The railway also provides transportation services and logistics solutions to customers in the U.S., Canada, and Mexico.
With an extensive network of tracks and terminals, Norfolk Southern is able to move goods from point to point quickly and efficiently. Bank of America’s bullish rating reflects their confidence in the railway’s stock price and its potential for generating returns in the future.
Stock Price
As a result, the stock opened at $222.0, before closing at $226.5, up by 3.8% from the last closing price of 218.2. This positive news has sent investors rushing to purchase shares of Norfolk Southern, in anticipation of further gains in the stock. With this strong vote of confidence from Bank of America and the subsequent surge in Norfolk Southern’s stock price, it is clear that the company is on a positive trajectory for future growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Norfolk Southern. More…
| Total Revenues | Net Income | Net Margin |
| 12.32k | 2.09k | 23.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Norfolk Southern. More…
| Operations | Investing | Financing |
| 3.3k | -1.94k | -1.07k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Norfolk Southern. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 40.74k | 28.12k | 55.78 |
Key Ratios Snapshot
Some of the financial key ratios for Norfolk Southern are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.5% | 6.6% | 27.7% |
| FCF Margin | ROE | ROA |
| 9.3% | 16.9% | 5.2% |
Analysis – Norfolk Southern Intrinsic Value Calculator
At GoodWhale, we analyze the wellbeing of NORFOLK SOUTHERN to help investors make informed decisions. Our proprietary Valuation Line has determined that the fair value of the NORFOLK SOUTHERN share is around $281.4. However, the current market price of NORFOLK SOUTHERN stock is $226.5, undervalued by 19.5%. This could be a good opportunity for investors looking to buy undervalued stocks. More…
Peers
Norfolk Southern Corp is a publicly traded company on the New York Stock Exchange under the ticker symbol NSC. The company’s headquarters are located in Norfolk, Virginia. Norfolk Southern is one of the largest railroads in the United States. The company operates 19,500 miles of track in 22 states and the District of Columbia. Norfolk Southern employs 28,000 people. The company was founded in 1838.
Norfolk Southern’s main competitors are CSX Corp, Westshore Terminals Investment Corp, Canadian Pacific Railway Ltd.
– CSX Corp ($NASDAQ:CSX)
CSX Corporation is an American publicly traded company that operates as a Class I railroad in the United States. The company’s operating revenues and net income have both grown in recent years, and its market capitalization reached nearly $60 billion by early 2021. The company’s strong financial performance is due in part to its focus on efficiency and cost-cutting measures.
– Westshore Terminals Investment Corp ($TSX:WTE)
Westshore Terminals Investment Corp is a Canadian company that owns and operates a coal terminal on the west coast of Canada. The company has a market cap of 1.56B as of 2022 and a Return on Equity of 13.29%. The company’s terminal is the largest coal export facility in North America and handles nearly 30% of all thermal coal exports from the United States.
– Canadian Pacific Railway Ltd ($TSX:CP)
As of 2022, Canadian Pacific Railway Ltd has a market cap of 90.72B and a Return on Equity of 6.42%. The company operates a transcontinental railway in Canada and the United States, connecting major cities such as Vancouver, Toronto, and Chicago. CP is known for its efficiency and service, and is a major player in the freight transportation industry.
Summary
Norfolk Southern has recently attracted a “bull” rating from Bank of America, which has caused the stock price to rise. This is indicative of a strong investment opportunity for those looking to get into the company. Analysts are expecting strong returns due to Norfolk Southern’s solid balance sheet, reliable income stream, and the potential to benefit from the increased demand for freight services over the coming years.
In addition, the company has been focused on reducing costs and improving efficiency and is well positioned to benefit from any upturn in the economy. All things considered, Norfolk Southern is an attractive investment choice for investors looking for a solid dividend-paying stock with upside potential.
