TSECNR FY2024 EPS Forecast Cut by National Bank Financial
CNI Stock | USD 111.24 2.04 1.87% |
Under 60% of all Canadian National's traders are looking to take a long position. The current sentiment of investing in Canadian National Railway suggests that some traders are interested. Canadian National's investing sentiment shows overall attitude of investors towards Canadian National Railway.
Canadian |
Canadian National Railway National Bank Financial lowered their FY2024 earnings per share estimates for Canadian National Railway in a research report issued on Tuesday, October 22nd. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings of 7.46 per share for the year, down
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Canadian National Railway Current Investor Sentiment
Panic Vs Confidence
60
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Canadian National's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Canadian National Railway.
News SentimentNeutral | Hype SentimentBullish | Insider SentimentAcquiring |
Canadian National Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Canadian National can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Canadian National Railway Historical Investor Sentiment
Investor biases related to Canadian National's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian National Railway. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canadian National's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canadian National and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Canadian National news discussions. The higher the estimate score, the more favorable the investor's outlook on Canadian National.
Canadian National Fundamental Analysis
We analyze Canadian National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian National based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Canadian National is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Canadian National Railway Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canadian National stock to make a market-neutral strategy. Peer analysis of Canadian National could also be used in its relative valuation, which is a method of valuing Canadian National by comparing valuation metrics with similar companies.
Peers
Canadian National Related Equities
CP | Canadian Pacific | 1.99 | ||||
FSTR | LB Foster | 1.94 | ||||
NSC | Norfolk Southern | 1.77 | ||||
UNP | Union Pacific | 1.41 | ||||
CSX | CSX | 1.25 | ||||
GBX | Greenbrier Companies | 1.06 | ||||
TRN | Trinity Industries | 1.02 | ||||
WAB | Westinghouse Air | 0.57 |
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When running Canadian National's price analysis, check to measure Canadian National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian National is operating at the current time. Most of Canadian National's value examination focuses on studying past and present price action to predict the probability of Canadian National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian National's price. Additionally, you may evaluate how the addition of Canadian National to your portfolios can decrease your overall portfolio volatility.
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