Canadian National Railway (CNI) to Release Earnings on Thursday

Canadian National Railway (NYSE:CNI) (TSE:CNR) is expected to post its quarterly earnings results after the market closes on Thursday, January 30th. Analysts expect Canadian National Railway to post earnings of $1.39 per share and revenue of $4.38 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Canadian National Railway Stock Down 1.5 %

Shares of NYSE CNI opened at $105.19 on Wednesday. The company has a current ratio of 0.64, a quick ratio of 0.49 and a debt-to-equity ratio of 0.96. Canadian National Railway has a 12-month low of $98.96 and a 12-month high of $134.02. The firm’s 50-day moving average price is $104.76 and its 200-day moving average price is $111.27. The stock has a market capitalization of $66.15 billion, a price-to-earnings ratio of 16.86, a P/E/G ratio of 2.36 and a beta of 0.91.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Barclays dropped their price objective on shares of Canadian National Railway from $121.00 to $112.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. The Goldman Sachs Group dropped their price target on shares of Canadian National Railway from $131.00 to $124.00 and set a “sell” rating for the company in a research note on Wednesday, October 9th. Sanford C. Bernstein decreased their price objective on shares of Canadian National Railway from $130.67 to $126.29 and set a “market perform” rating for the company in a research note on Wednesday, October 9th. JPMorgan Chase & Co. raised Canadian National Railway from a “neutral” rating to an “overweight” rating in a research note on Tuesday, January 7th. Finally, Bank of America reduced their price target on Canadian National Railway from $119.00 to $112.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have assigned a buy rating and four have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $124.02.

About Canadian National Railway

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.