Drilling Down Into Norfolk Southern Corporation (NSC)

Norfolk Southern Corporation (NSC) is an interesting player in the Services space, with a focus on Railroads. The stock has been active on the tape, currently trading at $131.05, up from yesterday’s close by 0.81%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Norfolk Southern Corporation (NSC) currently trades with a market capitalization of $41.12 Billion. That value represents a market adjusting for revenues that have been growing by 7.19 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.53 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $1.8 on a per share basis this quarter. Perhaps, that suggests something about why 1.01% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Norfolk Southern Corporation recorded a 52-week high of $157.15. It is now trading 26.1% off that level. The stock is trading $139.01 its 50-day moving average by 7.96%. The stock carved out a 52-week low down at $111.07.

In recent action, Norfolk Southern Corporation (NSC) has made a move of -7.96% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.08, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.88% with $303.13 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of NSC.

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