With 0.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.92 million shares. The 52-week range on CNR shows that it touched its highest point at $134.59 and its lowest point at $69.69 during that stretch. It currently has a 1-year price target of $110.75. With its current market cap of 3.84 billion, CNR has annualized dividend of $0.60 while the current yield stands at 0.84%. Beta for the stock currently stands at 1.47.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CNR was down-trending over the past week, with a drop of -4.19%, but this was down by -21.21% over a month. Three-month performance dropped to -45.83% while six-month performance fell -29.95%. The stock lost -17.06% in the past year, while it has lost -33.28% so far this year. A look at the trailing 12-month EPS for CNR yields 9.61 with Next year EPS estimates of 16.22. For the next quarter, that number is 1.26. This implies an EPS growth rate of -10.01% for this year and 87.55% for next year. EPS is expected to grow by 18.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.90%.
Float and Shares Shorts:
At present, 54.02 million CNR shares are outstanding with a float of 52.71 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CNR since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $11.85403 being high and $10.81257 being low. For CNR, this leads to a yearly average estimate of $11.3333. Based on analyst estimates, the high estimate for the next quarter is $2.27 and the low estimate is $1.4. The average estimate for the next quarter is thus $1.84.
