-
Avondale Cuts Estimates On Railroads... Again
Friday, February 12, 2016 - 1:13pm | 427Read More...On Friday, Avondale Partners issued a note on the railroad industry, highlighting companies including CSX Corporation (NASDAQ: CSX), Canadian National Railway (USA) (NYSE: CNI), Canadian Pacific Railway Limited (USA) (NYSE: CP), Norfolk Southern Corp. (NYSE: NSC) and Union Pacific Corporation (NYSE...
-
Norfolk Southern Investors Encouraged By Q4 Results, New Cost Cutting Initiatives
Wednesday, January 27, 2016 - 12:44pm | 375Read More...Shares of Norfolk Southern Corp. (NYSE: NSC) were trading higher by nearly 2 percent late Wednesday morning as investors positively reacted to the company's fourth quarter results and an announcement of a new cost cutting initiatives. Norfolk Southern earned $1.20 per share in the fourth...
-
Commodity Slump Hammers Railroad Stocks
Friday, January 22, 2016 - 10:10am | 508Read More...Fourth-quarter earnings reports confirmed what many traders had been expecting— railroads like Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corp. (NYSE: NSC) were hammered by the drop in energy prices, according to the Wall Street Journal. Rail volumes have been under extreme pressure...
-
Canadian Pacific Sends Another Takeover Bid To Norfolk Southern: What It Says
Tuesday, December 8, 2015 - 10:42am | 551Read More...Shares of Norfolk Southern Corp. (NYSE: NSC) fell nearly 3 percent early Tuesday morning after the company confirmed it has received a revised and reduced takeover proposal from Canadian Pacific Railway Limited (USA) (NYSE: CP). Norfolk noted that CP's revised offer consists of a consideration of...
-
Railroad Benchmarking: Canadian Rails Top Barclays' Quarterly Review
Thursday, November 12, 2015 - 1:14pm | 371Read More...Brandon Oglenski of Barclays began a new quarterly research report on the North America Airfreight & Ground Transportation sector. Oglenski benchmarked the major North American railroads on revenue, cost, efficiency and financial measures. Oglenski's first-ever carrier rankings...
-
Bank Of America Incrementally Bullish On Transportation Stocks, Upgrades Four Companies To Buy
Friday, September 11, 2015 - 1:50pm | 434Read More...Year-to-date, rail, truck and airfreight/forwarding stocks are down 20 percent. Ken Hoexter of Bank Of America upgraded four transportation companies to Buy. Hoexter noted that industry trends are "getting less negative." In a report published Friday, Bank of America analyst Ken Hoexter...
-
'Rail-mageddon' Nears, Warns Credit Suisse
Tuesday, June 30, 2015 - 9:31am | 498Read More...In a report published Tuesday, Credit Suisse analyst Allison Landry lowered her earnings per share estimates on rail companies for the second time this quarter. Landry stated in a research note at the end of May that while consensus estimates have been "steadily" coming down over the...
-
Bank Of America: Demand Soft For Big Rail Carriers
Wednesday, June 24, 2015 - 9:27am | 322Read More...Major rail carriers are seeing lower-than-expected demand that reflects weak growth in commodities, an analyst said Wednesday. Ken Hoexter of Bank of America trimmed his targets on three of the companies, while lowering his 2015 earnings estimates by an average of 4 percent. "We remain...
-
This Trader Thinks Kansas City Southern Is Oversold
Tuesday, June 2, 2015 - 7:41am | 363Read More...Serge Berger is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Serge Berger is a trader and money manager, in addition to an author and educator for thesteadytrader.com. Berger discussed stocks that are oversold, particularly names...
-
Stifel Upgrades Union Pacific, Noting Recent Sell-Off Is Overdone
Friday, April 10, 2015 - 10:50am | 206Read More...In a report published Thursday, Stifel analyst John Larkin upgraded shares of Union Pacific Corporation (NYSE: UNP) to Buy from Hold with an unchanged $120 price target given a more attractive risk-adjusted upside potential in shares for the first time in a while. Larkin continued shares of Union...
-
Top 4 NASDAQ Stocks In The Railroads Industry With The Highest ROA
Monday, March 16, 2015 - 5:19am | 140Read More...Below are the top railroads stocks on the NASDAQ in terms of return on assets. The trailing-twelve-month return on assets at American Railcar Industries, Inc. (NASDAQ: ARII) is 9.50%. American Railcar Industries' PEG ratio is 1.74. The trailing-twelve-month return on assets at LB Foster Co. (...
-
Top 4 NASDAQ Stocks In The Railroads Industry With The Highest Gross Margin
Tuesday, January 20, 2015 - 5:30am | 135Read More...Below are the top railroads stocks on the NASDAQ in terms of gross margin. The trailing-twelve-month gross margin at Providence and Worcester Railroad Company (NASDAQ: PWX) is 45.40%. Providence and Worcester Railroad's EPS for the same period is $0.36. The trailing-twelve-month gross margin at...
-
Top 4 NASDAQ Stocks In The Railroads Industry With The Highest Gross Margin
Friday, November 7, 2014 - 6:01am | 123Read More...Below are the top railroads stocks on the NASDAQ in terms of gross margin. The trailing-twelve-month gross margin at Providence and Worcester Railroad Company (NASDAQ: PWX) is 45.80%. Providence and Worcester Railroad's EPS for the same period is $0.39. The trailing-twelve-month gross margin at...
-
3 Reasons To Ride Railroad Stocks
Thursday, August 14, 2014 - 1:33pm | 490Read More...Railroad stocks such as CSX (NYSE: CSX), Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) offer long-term investors ways to profit from three economic forces that no other industry does for a variety of factors. The First Is Growth At Home. Railroads offer arguably the most...
-
6 Companies That Stand To Benefit From Fracking
Monday, June 9, 2014 - 10:25am | 1389Read More...Fracking, also known as hydraulic fracturing, is the controversial process of forcing water, gases, chemicals and other materials deep underground to fracture rock layers and free up the gas and oil trapped there. The process has created an oil and natural gas boom in North America and has put...
