Canadian National Railway Stock Filter Stocks by Fundamentals
CNI Stock | USD 121.96 0.95 0.79% |
Canadian National Railway fundamentals help investors to digest information that contributes to Canadian National's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian National's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian National stock.
Canadian | Shares Owned by Institutions |
Canadian National Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canadian National from analyzing Canadian National's financial statements. These drivers represent accounts that assess Canadian National's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canadian National's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 85.1B | 99.6B | 110.9B | 110.5B | 109.4B | 114.9B | |
Enterprise Value | 99.3B | 112.3B | 122.9B | 125.9B | 127.8B | 134.2B |
Canadian National ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canadian National's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian National's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Canadian National Institutional Holders
Institutional Holdings refers to the ownership stake in Canadian National that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canadian National's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canadian National's value.Shares | Td Asset Management Inc | 2023-12-31 | 11.7 M | Mackenzie Investments | 2023-12-31 | 9.9 M | Jarislowsky Fraser Ltd | 2023-12-31 | 8.8 M | 1832 Asset Management L.p | 2023-12-31 | 8.8 M | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 7.6 M | Norges Bank | 2023-12-31 | 6.1 M | Legal & General Group Plc | 2023-12-31 | 5.9 M | Deutsche Bank Ag | 2023-12-31 | 5.6 M | Egerton Capital Llp | 2023-12-31 | 5.3 M | Gates Bill & Melinda Foundation | 2023-09-30 | 54.8 M | Tci Fund Management Limited | 2023-12-31 | 40.1 M |
Canadian Fundamentals
Return On Equity | 0.27 | ||||
Return On Asset | 0.0832 | ||||
Profit Margin | 0.33 % | ||||
Operating Margin | 0.39 % | ||||
Current Valuation | 96.6 B | ||||
Shares Outstanding | 636.2 M | ||||
Shares Owned By Insiders | 1.68 % | ||||
Shares Owned By Institutions | 79.50 % | ||||
Number Of Shares Shorted | 7 M | ||||
Price To Earning | 31.36 X | ||||
Price To Book | 5.60 X | ||||
Price To Sales | 4.92 X | ||||
Revenue | 16.83 B | ||||
Gross Profit | 9.62 B | ||||
EBITDA | 8.88 B | ||||
Net Income | 5.62 B | ||||
Cash And Equivalents | 328 M | ||||
Cash Per Share | 0.60 X | ||||
Total Debt | 18.89 B | ||||
Debt To Equity | 0.71 % | ||||
Current Ratio | 1.01 X | ||||
Book Value Per Share | 31.14 X | ||||
Cash Flow From Operations | 6.96 B | ||||
Short Ratio | 7.35 X | ||||
Earnings Per Share | 6.17 X | ||||
Price To Earnings To Growth | 3.61 X | ||||
Target Price | 137.99 | ||||
Number Of Employees | 25.18 K | ||||
Beta | 0.65 | ||||
Market Capitalization | 76.99 B | ||||
Total Asset | 52.67 B | ||||
Retained Earnings | 18.66 B | ||||
Working Capital | (1.95 B) | ||||
Current Asset | 1.68 B | ||||
Current Liabilities | 2.31 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.67 % | ||||
Net Asset | 52.67 B | ||||
Last Dividend Paid | 3.22 |
About Canadian National Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian National Railway'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 Railway 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.
Please read more on our fundamental analysis page.
Canadian National Investors Sentiment
The influence of Canadian National's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canadian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
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's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canadian National's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canadian National.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian National in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian National's short interest history, or implied volatility extrapolated from Canadian National options trading.
Pair Trading with Canadian National
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian National will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
0.87 | CP | Canadian Pacific Railway | PairCorr |
Moving against Canadian Stock
0.59 | VLRS | Volaris | PairCorr |
The ability to find closely correlated positions to Canadian National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian National Railway to buy it.
The correlation of Canadian National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian National Railway moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Canadian National Piotroski F Score and Canadian National Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Canadian Stock analysis
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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Is Canadian National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian National. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 3.215 | Earnings Share 6.17 | Revenue Per Share 25.759 | Quarterly Revenue Growth (0.01) |
The market value of Canadian National Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian National's value that differs from its market value or its book value, called intrinsic value, which is Canadian National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian National's market value can be influenced by many factors that don't directly affect Canadian National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.