01.12.2016 13:05:00
|
Research Reports on Railroads Equities -- CSX Corp., Union Pacific, Trinity Industries, and Norfolk Southern
NEW YORK, December 1, 2016 /PRNewswire/ --
Stock-Callers.com revisits the U.S. Railroads industry, which has experienced heavy declines in revenue both in 2015 and 2016. In the coming years, however, an improved labor market and increased consumer spending are expected to boost demand for rail transportation and services. Today, four equities have been lined up for review: CSX Corp. (NASDAQ: CSX), Union Pacific Corp. (NYSE: UNP), Trinity Industries Inc. (NYSE: TRN), and Norfolk Southern Corp. (NYSE: NSC). Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration
CSX Corp.
Jacksonville, Florida-based CSX Corp.'s shares gained 2.90%, closing Wednesday's trading session at $35.81. The stock recorded a trading volume of 11.32 million shares, which was above its three months average volume of 8.41 million shares. Shares of the Company, which together with its subsidiaries, provides rail-based transportation services in the US and Canada, have advanced 17.97% in the last month, 27.28% in the previous three months, and 41.62% on an YTD basis. The stock is trading 13.73% and 29.62% above its 50-day and 200-day moving averages, respectively. Additionally, shares of CSX have a Relative Strength Index (RSI) of 75.92.
On November 02nd, 2016, research firm Deutsche Bank initiated a 'Buy' rating on the Company's stock, issuing a target price of $36 per share.
On November 30th, 2016, CSX's Executive Vice President and CFO Frank Lonegro updated investors regarding the company's expectations for Q4 earnings per share and volume. With macroeconomic headwinds moderating, Lonegro indicated that total volume is now expected to decline in the low-to-mid single digit range on a comparable 13-week basis, and expected to be flat to slightly up including the extra week that is part of CSX's 2016 accounting year. Free research report on CSX is available at: http://stock-callers.com/registration/?symbol=CSX
Union Pacific
On Wednesday, shares in Omaha, Nebraska headquartered Union Pacific Corp. recorded a trading volume of 6.19 million shares, which was above their three months average volume of 4.06 million shares. The stock rose 0.76%, ending the day at $101.33. The Company's shares have advanced 15.60% in the last month, 6.70% over the previous three months, and 32.90% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.06% and 15.26%, respectively. Furthermore, shares of Union Pacific, which through its subsidiary, Union Pacific Railroad Company, operates railroads in the US, have an RSI of 69.02.
On November 02nd, 2016, research firm Deutsche Bank initiated a 'Buy' rating on the Company's stock, issuing a target price of $110 per share.
On November 17th, 2016, Union Pacific appointed Eric Butler Executive Vice President and Chief Administrative Officer, and Beth Whited Executive Vice President and Chief Marketing Officer. Butler succeeds long-time Union Pacific executive Diane Duren, who announced she will retire in February after 32 years of service. The complimentary research report on UNP can be downloaded at: http://stock-callers.com/registration/?symbol=UNP
Trinity Industries
Dallas, Texas headquartered Trinity Industries Inc.'s stock finished the day 3.08% higher at $27.79. A total volume of 1.91 million shares was traded, which was above their three months average volume of 1.59 million shares. The Company's shares have surged 30.16% in the last one month, 14.34% in the previous three months, and 18.16% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 15.35% and 33.73%, respectively. Additionally, shares of Trinity Industries, which provides various products and services for the energy, transportation, chemical, and construction sectors in the US and internationally, have an RSI of 69.96.
Yesterday, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $19 a share to $22 a share. Visit us today and access our complete research report on TRN at: http://stock-callers.com/registration/?symbol=TRN
Norfolk Southern
Shares in Norfolk, Virginia-based Norfolk Southern Corp. ended yesterday's session 2.00% higher at $106.46. The stock recorded a trading volume of 3.34 million shares, which was higher than its three months average volume of 1.74 million shares. The Company's shares have advanced 15.22% in the last one month, 14.11% in the previous three months, and 29.52% since the start of this year. The stock is trading 10.60% and 21.75% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Norfolk Southern, which together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods, have an RSI of 73.43.
On November 02nd, 2016, research firm Argus upgraded the Company's stock rating from 'Hold' to 'Buy'.
On November 28th, 2016, Norfolk Southern announced that Mitchell E. Daniels Jr. and Marcela E. Donadio have been elected directors of the company, effective November 28, 2016. Daniels, 67, has been president of Purdue University since 2013. Donadio, 62, is a director and retired partner of Ernst & Young. Get free access to your research report on NSC at: http://stock-callers.com/registration/?symbol=NSC
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Trinity Industries Inc.mehr Nachrichten
30.10.24 |
Ausblick: Trinity Industries verkündet Quartalsergebnis zum jüngsten Jahresviertel (finanzen.net) | |
16.10.24 |
Erste Schätzungen: Trinity Industries zieht Bilanz zum jüngsten Jahresviertel (finanzen.net) | |
31.07.24 |
Ausblick: Trinity Industries legt Zahlen zum jüngsten Quartal vor (finanzen.net) | |
17.07.24 |
Erste Schätzungen: Trinity Industries stellt Ergebnisse des abgelaufenen Quartals vor (finanzen.net) |
Analysen zu Trinity Industries Inc.mehr Analysen
Aktien in diesem Artikel
Credit Suisse (CS) | 0,89 | 0,56% | |
CSX Corp. | 34,30 | 0,10% | |
Norfolk Southern Corp. | 262,00 | 2,34% | |
Trinity Industries Inc. | 36,20 | 1,12% | |
Union Pacific Corp. | 231,60 | 1,80% |