Analyst Estimates

Norfolk Southern Corp. (NYSE:NSC): Reviewing Company’s Shares

Norfolk Southern Corp. (NYSE:NSC) soared 2.91% during previous trade, a total of 2.44M shares exchanged hands compared with its average trading volume of 2.06M shares whereas its relative volume is 1.15. The stock has a market capitalization of $35.88B along with 310.71M outstanding shares. Stock’s intraday price range hit the peak level of $117 and touched the lowest level of $114.77.

Most recently Norfolk Southern Corp. (NYSE:NSC)’s price target was revised on 4/19/17 and according to 23 analysts stock’s price will reach at $121.78 during 52 weeks with standard deviation of 20.67. Stock’s minimum price target estimates has been figured out at $72 while the maximum price target forecast is established at $138, if we look at the price target with an optimistic approach it has upside potential of 19% from its latest closing price of $115.81.

Historically, if we look at price target revisions, two weeks ago Norfolk Southern Corp. (NYSE:NSC)’s price target was revised on 3/28/17 by the analysts, however the bullish price estimates of the stock set at $138 while the bearish estimates kept at $64 over the next one year. Stock’s 52-week target was retained at $109.31, the estimates indicates a standard deviation of 21.57.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.59. ABR value is precisely based on brokerage recommendations, where out of 21 brokerage recommendations 7 rate Norfolk Southern Corp. (NYSE:NSC) stock a Strong Buy, 0 rate the stocks of the company a Buy, 11 rate Hold, 0 rate Sell and 3 recommend a Strong Sell. Most recently on 1/10/17 the stock of Norfolk Southern Corp. (NYSE:NSC) downgraded by CLSA from Outperform to Underperform. However previously on 1/9/17 it was downgraded by Seaport Global Securities from Buy to Neutral. A research note issued on 11/2/16 the stock was upgraded by Argus from Hold to Buy.

Norfolk Southern Corp. (NYSE:NSC) performance over the past one year soared 42.79% whereas its year to date (YTD) performance indicated a bullish trend of 7.72%. During the last six months the stock climbed 23.36%. Quarterly performance of the company shows optimistic momentum of 1.74% while its last one month trend is positive with 3.87%. Stock’s weekly performance expressed up trend of 3.60%.

The company’s price sits -1.40% below from its 50-day moving average of $115.44 and 12.53% far from the stock’s 200-day moving average which is $109.41. Norfolk Southern Corp. (NYSE:NSC)’s shares are currently trading -7.35% away from the 52-week high price of $125 and +49.82% far from the 52-week low price of $77.30.

According to consensus agreement of 26 analysts Norfolk Southern Corp. (NYSE:NSC) will report earnings per share of $1.35 in their quarterly report and it is expected to announce the company’s results on 4/26/17 Before Market Open. For the current quarter the company has high EPS estimates of $1.4 in contradiction of low EPS estimates of $1.28. However a year ago for the same quarter the company has reported $1.29 EPS. Current year EPS projections for Norfolk Southern Corp. (NYSE:NSC) set at $6.2 according to the sentiments of 27 analysts, while its lowest earnings estimates are $6.03 and highest earnings estimates are $6.5.

According to 20 analysts, Norfolk Southern Corp. (NYSE:NSC)’s revenue estimates for the current quarter are $2.54B meanwhile the company has high revenue estimates of $2.62B in contradiction of low revenue estimates of $2.42B. For the current year the company’s revenue estimates are $10.42B compared to low analyst estimates of $10.17B and high estimates of $10.6B according to the projection of 24 analysts.

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