Canadian stock alert

CANA

CLOSING UPDATE: Canadian National Railway decreases further 0.2%, led Transportation & logistics sector lower 18 June 2018 18:17 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's Canadian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Canadian National Railway, Canada's largest transportation & logistics company by market capitalisation, has decreased 0.7% to trade at CAD108.83 vs. the Transportation & logistics sector which weakened 20.4 points (or 0.6%) to 3,480.9. Representing a weighting of about 65.1% of the sector, the stock accounted for 76.8% of today's loss. Trading volume was 66% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 3.5 points (or 0.4%) in the day, this represented a relative price change of -1.0%.

Technical indicators complementing today's significant downtrend:

+ In the last three months the stock has hit a new 52-week low once.

+ The 1.4% discount to 12-month high of CAD110.35 against the 20.3% premium to 12-month low of CAD90.46 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Sales of 7.3 [4.8]

Other Bearish Signals include:

+ Tobin's Q Ratio is 2.1. Compared with the rest of the market the stock is overvalued.

Note

Bullish Signals:

The positive 1.75 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

In the last three months the stock has hit a new 52-week high five times, pointing to an uptrend.

Interest cover is less leveraged at 11.6 times.

Total Liabilities/EBITDA of 3.1 is comfortably below the Joseph Piotroski benchmark of <5.

Net profit margin has averaged 33.4% in the last 3 years. This is considered superior and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity is high at 32.9%. Also, this has improved from 24.5% last year.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Dividend yield of 2% [1.7%]

Return on Equity 32.9% [26.5%]

Return on Assets 14.6% [10.6%]

Return on Capital Employed 16.6% [14.2%]

TODAY'S ALERTS

Afternoon Alert: Canadian National Railway decreases 0.5%, leads Transportation & logistics sector lower

18 June 2018 14:44 EDT

Canadian National Railway Company (TSX:CNR) has decreased 0.5% to trade at CAD109.06 vs. the Transportation & logistics sector which weakened 17.5 points (or 0.5%) to 3,483.8. Representing a weighting of about 65.2% of the sector, the stock accounted for 61.8% of today's loss. Trading volume was 55% of average so far today.

Afternoon Alert: Canadian National Railway decreases 0.3%, leads Transportation & logistics sector lower

18 June 2018 12:13 EDT

Canadian National Railway Company (TSX:CNR) has decreased 0.3% to trade at CAD109.30 vs. the Transportation & logistics sector which weakened 6.6 points (or 0.2%) to 3,494.7. Representing a weighting of about 65.1% of the sector, the stock accounted for 87.5% of today's loss. Trading volume was 40% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Canadian National Railway hits 52-week high fifth time in one month

15 June 2018 18:16 EDT

Canadian National Railway, Canada's largest transportation & logistics company by market capitalisation, hit a 52-week high of CAD110.35 today for the fifth time in the past one month and last traded at CAD109.58. This brought its two-day rise to CAD1.27 or 1.2%. Trading volume was 3.3 times average at the end of the day. Compared with the S&P/TSX 60 Index which fell 1.4 points (or 0.1%) in the day, this represented a relative price increase of 0.3%.

Afternoon Alert: Canadian National Railway hits 52-week high fifth time in one month

15 June 2018 14:44 EDT

Canadian National Railway Company (TSX:CNR) hit a 52-week high of CAD110.35 today for the fifth time in the past one month and last traded at CAD109.10. Trading volume was 2.6 times average so far today.

Canadian National Railway Company (T:CNR; TSE:CNR; N:CNR; CN:CNR)

ISIN: CA1363751027

PermID: 4295860595

CIK: Canadian National Railway Company

Source: www.BuySellSignals.com