Norfolk Southern Corp. Shares Sink 0.11% Despite Positive Market Session
June 24, 2023
🌧️Trending News
On Monday, Norfolk Southern ($NYSE:NSC) Corp. shares experienced a minor decline of 0.11%. The stock closed at $215.94 on the New York Stock Exchange, despite the positive market session. This is a rather unusual occurrence, as most stocks benefited from the strong market session, however, Norfolk Southern Corp. was not able to join in on the success. It’s primary focus is on coal and intermodal freight transport, as well as trucking services through its subsidiaries.
The company also has an interest in real estate and owns several other subsidiary companies that produce steel, chemicals, and automotive products. The drop in Norfolk Southern Corp.’s stock on Monday was likely an anomaly, as the rest of the stock market experienced a significant positive session. It remains to be seen if the company will experience further losses in the near future, or if the stock will be able to rebound from this minor decline.
Analysis
At GoodWhale, we have conducted an analysis of NORFOLK SOUTHERN‘s financials and concluded that it is a low risk investment in terms of financial and business aspects. The Risk Rating from GoodWhale shows that NORFOLK SOUTHERN does not present any major risks or concerning financials. However, we did detect one risk warning in the balance sheet – register with us to find out more. GoodWhale is committed to providing accurate, reliable, and comprehensive financial analysis for potential investors. We hope our assessment of NORFOLK SOUTHERN can help make your investment decision easier. More…
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 |
| 12.96k | 3.03k | 26.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Norfolk Southern. More…
| Operations | Investing | Financing |
| 4.4k | -1.66k | -3.76k |
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 |
| 39.17k | 26.44k | 55.91 |
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 |
| 5.4% | 5.9% | 34.8% |
| FCF Margin | ROE | ROA |
| 18.6% | 22.1% | 7.2% |
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
Investors in Norfolk Southern Corp. were presented with a mixed bag of news on Monday. Shares fell slightly by 0.11% to close at $215.94, but the overall market was favorable on the day. Analysts and investors will be keeping a close eye on Norfolk Southern Corp. in the coming days, as they assess the impact of the stock’s recent performance and whether it can continue its upward trend. With careful analysis and smart decisions, investors may be able to capitalize on potential opportunities.
Related Posts
Recent Posts
