Canadian National Railway (TSE:CNR) Reaches New 1-Year Low - Should You Sell?

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI's stock price reached a new 52-week low on Monday . The stock traded as low as C$147.23 and last traded at C$147.93, with a volume of 54092 shares changing hands. The stock had previously closed at C$147.89.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. ATB Capital upped their target price on Canadian National Railway from C$167.00 to C$168.00 in a report on Wednesday, October 23rd. Barclays decreased their target price on shares of Canadian National Railway from C$165.00 to C$162.00 and set a "hold" rating for the company in a report on Wednesday, September 25th. Scotiabank cut their price target on shares of Canadian National Railway from C$187.00 to C$180.00 and set an "outperform" rating on the stock in a report on Wednesday, September 11th. Raymond James reduced their price target on shares of Canadian National Railway from C$187.00 to C$180.00 and set an "outperform" rating for the company in a research report on Wednesday, September 11th. Finally, Wells Fargo & Company upgraded shares of Canadian National Railway from an "equal weight" rating to an "overweight" rating in a research report on Monday, October 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, Canadian National Railway presently has a consensus rating of "Moderate Buy" and a consensus target price of C$171.07.

Canadian National Railway Price Performance

The firm has a market cap of C$92.22 billion, a price-to-earnings ratio of 17.40, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65. The stock's 50-day moving average price is C$153.91 and its 200 day moving average price is C$158.72. The company has a quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 107.62.

Canadian National Railway Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be paid a dividend of $0.845 per share. The ex-dividend date is Monday, December 9th. This represents a $3.38 dividend on an annualized basis and a yield of 2.31%. Canadian National Railway's dividend payout ratio is currently 40.14%.

Insider Transactions at Canadian National Railway

In other Canadian National Railway news, Senior Officer Ghislain Houle sold 5,741 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of C$150.82, for a total transaction of C$865,844.99. Also, Director Tracy Robinson bought 3,300 shares of the stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average cost of C$147.99 per share, for a total transaction of C$488,380.20. In the last three months, insiders acquired 7,859 shares of company stock valued at $1,202,515. Company insiders own 2.64% of the company's stock.

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.