Canadian National Railway (CNI) Expected to Announce Quarterly Earnings on Thursday

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR is projected to issue its quarterly earnings data after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $1.39 per share and revenue of $4.38 billion for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Canadian National Railway Stock Performance

Canadian National Railway stock traded down $1.59 on Tuesday, hitting $105.19. The company's stock had a trading volume of 1,817,056 shares, compared to its average volume of 1,280,745. The company has a fifty day moving average price of $104.76 and a 200-day moving average price of $111.27. The firm has a market cap of $66.15 billion, a P/E ratio of 16.86, a price-to-earnings-growth ratio of 2.36 and a beta of 0.91. Canadian National Railway has a one year low of $98.96 and a one year high of $134.02. The company has a quick ratio of 0.49, a current ratio of 0.64 and a debt-to-equity ratio of 0.96.

Analysts Set New Price Targets

A number of research firms have weighed in on CNI. TD Securities raised Canadian National Railway from a "hold" rating to a "strong-buy" rating in a report on Monday, January 13th. The Goldman Sachs Group decreased their price target on Canadian National Railway from $131.00 to $124.00 and set a "sell" rating on the stock in a research note on Wednesday, October 9th. Bank of America dropped their price objective on Canadian National Railway from $119.00 to $112.00 and set a "neutral" rating for the company in a research note on Wednesday, January 8th. Stifel Nicolaus raised shares of Canadian National Railway from a "hold" rating to a "buy" rating and lowered their target price for the stock from $132.00 to $120.00 in a report on Thursday, January 16th. Finally, Veritas upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, Canadian National Railway currently has a consensus rating of "Moderate Buy" and an average target price of $124.02.

Canadian National Railway Company Profile

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.