What Lies Ahead for Canadian National Railway’s Financial Stability?

January 29, 2025 01:25 PM CET | By Team Kalkine Media
 What Lies Ahead for Canadian National Railway’s Financial Stability?
Image source: Shutterstock

Highlights:

  • Canadian National Railway stock opened at C$151.39
  • The company has a market capitalization of C$95.30 billion
  • The stock has a 52-week low of C$143.18 and a 52-week high of C$181.34

Canadian National Railway (TSX:CNR), operating within the transportation sector, has shown steady activity in the stock market with notable statistics regarding its recent performance. As of Wednesday, the stock opened at C$151.39, reflecting a modest movement within its regular trading range. Over the past several weeks, the stock has seen fluctuations in its simple moving averages. The fifty-day simple moving average stands at C$149.39, while the two-hundred-day moving average is slightly higher at C$154.66.

Liquidity and Debt Ratios:
Canadian National Railway's financial stability is highlighted by its liquidity ratios. The company's current ratio is recorded at 0.63, which signifies the relationship between its current assets and liabilities. Meanwhile, the quick ratio is slightly lower at 0.58, indicating its ability to cover short-term obligations with its most liquid assets. The company also carries a relatively high debt-to-equity ratio of 107.62, reflecting a significant reliance on borrowed funds to finance operations compared to shareholders' equity.

Market Capitalization and Financial Metrics:
With a market capitalization of C$95.30 billion, Canadian National Railway ranks as a substantial entity within its sector. Its price-to-earnings (P/E) ratio is at 17.98, and its price-to-earnings-to-growth (P/E/G) ratio stands at 3.38. The P/E ratio indicates how much investors are willing to pay for each dollar of earnings, while the P/E/G ratio accounts for the company's growth rate. Additionally, the stock has a beta of 0.65, which suggests lower volatility in comparison to the broader market.

52-Week Range:
The stock's twelve-month performance has shown considerable variability. The lowest point in the past year was C$143.18, while the highest value reached C$181.34. This range of movement reflects the challenges and potential within the market during the past year.


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