Canadian National Railway Company (CNI) Company Bio
Canadian National Railway engages in rail and related transportation business in North America. The company offers transportation services that include rail, intermodal container, and trucking services, supply chain solutions, freight forwarding, customs brokerage service, industrial development, and marine services. The company was founded in 1922 and is based in Montreal, Canada.
CNI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Canadian National Railway Co with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Canadian National Railway Co ranked in the 27th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Canadian National Railway Co, consider:
CNI's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 36.22% of tickers in our DCF set.
Relative to other stocks in its sector (Industrials), Canadian National Railway Co has a reliance on debt greater than just 23% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Canadian National Railway Co? See HI, KBR, BDC, CCRN, and IEX.
Canadian National Railway (CNI) sees signs the economy is slowly coming back, with volumes rising 4% in the last week of May as manufacturing and construction sectors reopened."I think we're seeing the light at the end of the tunnel," CFO Ghislain Houle said today at the UBS Global Industrials & Transportation...
(Bloomberg) -- One of Canada’s railways is seeing signs the economy is slowly bouncing back from the coronavirus pandemic.Volumes rose 4% at Canadian National Railway Co. in the last week of May as manufacturing and construction sectors reopened, said Chief Financial Officer Ghislain Houle. While the recovery is expected to be slow, it’s a positive sign after shipments hit bottom last month, he said.“I think we’re seeing the light at the end of the tunnel,” Houle said Tuesday at the UBS Global Industrials & Transportation virtual conference. “Hopefully, it will hold.”Rail volumes fell sharply during the height of the pandemic as manufacturers cut production amid shutdowns to contain the outbreak. CN laid off 4,000 employees and put 710 locomotives and 20,000 rail cars in storage in resp...
Why choosing Canadian National Railway (TSX:CNR)(NYSE:CNI) and Fortis (TSX:FTS)(NYSE:FTS) can boost your dividend returns. The post Stop Making This Common Dividend Mistake appeared first on The Motley Fool Canada .
CN (CNR.TO) (CNI) Announced today that it moved over 2.52 million metric tonnes (MMT) of western Canadian grain, ahead of the previous May record of 2.40 MMT set in 2014 and over 20% ahead of the three year average. When looking at Canada-wide performance, CN also set a record for May with over 2.60 MMT moved compared to the previous record of 2.52 MMT set in 2014.