Home | AI powered stock trade ideas | Market Signals | Breaking Out | New Green Signal Stocks | Recent Red Arrow Top Signals | Recent Green Arrow Bottom Signals | Near Term Bottom Signals | Green Stocks with Most Upside to Analyst Target Price | New Long Term Green AI Signals | Big Tech Stocks | ETF Sector SPDRs | Solar Stocks | Chip Stocks | Airline Stocks | Social Media Stocks | Oil Stocks| Discount Store Stocks | Entertainment Stocks | EV Stocks | Restaurant Stocks | Heavy Equipment Stocks | Aerospace Stocks | Home Builders | Bank Stock Signals | Cruise Ship Stock Signals | Mining Stocks | Free AI Portfolio Analyzer | How to Read and Trade AI Powered Stock Charts| Stock Charts AI top 50 Stocks

Recently Featured Stock Charts
86% AI Stock Prediction Accuracy
Enter Stock Symbol to View AI powered Stock Chart

StockChartsAI.com

All Chart Prices as of Previous Day Close

Before accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.

Last Price: 239.36 - Change: -3.55 - Change %: -1.4614
04/17/2024 16:10:00 EST

Norfolk Southern Corporation (NSC)

Industry: Railroads

Price Support Resistance

In the past 20 trading days, NSC has been trading in a range between $261.23 and $245.74 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.

The AI powered stock chart is in a Red zone currently. We would avoid this stock.

Upside / Downside Potential

Norfolk Southern Corporation $NSC entered a Red zone 3 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $234.7, a potential down side of -1.95% from the recent price of 239.36. Our AI powered stock target predictor currently has a target price of $141.33 a potential move of -41%. The stock is trading 10.15% (potential upside) below its 52 week high of $263.66 and 32.43 % (potential downside) above its 52 week low of $180.75 - based on the recent price.

Company Summary

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and operates an intermodal network.

NSC Website

News

Analysts Estimate Norfolk Southern (NSC) to Report a Decline in Earnings: What to Look Out for
Norfolk Southern (NSC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Source: Zacks Investment Research
Wed, 17 Apr 2024 11:07:34 -0400
Sentiment: Negative
What's in Store for Norfolk Southern (NSC) in Q1 Earnings?
Norfolk Southern's (NSC) Q1 bottom line is likely to have been hurt by high-labor costs following the recent labor negotiations.
Source: Zacks Investment Research
Wed, 17 Apr 2024 08:26:08 -0400
Sentiment: Negative
Ancora Releases Presentation Containing its Slate's Plan for Implementing and Running a PSR-Powered Scheduled Network at Norfolk Southern
CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today issued a presentation on the urgent need for leadership, safety and strategy changes at Norfolk Southern. The presentation also showcases the comprehensive plan prepared by Ancora's nominees and proposed management team to transform Norfolk Southern and mean.
Source: Business Wire
Mon, 15 Apr 2024 07:00:00 -0400
Sentiment: Neutral
Ancora's Proposed Management Team and Director Candidates to Participate in Fireside Chat with Deutsche Bank on the Value Creation Opportunity at Norfolk Southern
CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”), today announced that its proposed CEO and director candidate Jim Barber, proposed COO Jamie Boychuk and director candidate Sameh Fahmy will be participating in a fireside chat with Deutsche Bank's Transportation and Shipping markets analyst Amit Mehrotra on Monday.
Source: Business Wire
Fri, 12 Apr 2024 08:00:00 -0400
Sentiment: Neutral
NORFOLK SOUTHERN CORPORATION (NSC) SHAREHOLDER ALERT UPDATE: Company to Pay $600 Million Class Action Settlement for 2023 East Palestine Train Derailment - Current Shareholders Urged to Contact Schubert Jonckheer & Kolbe LLP Regarding Potential Claims Against Company's Officers and Directors
SAN FRANCISCO , April 11, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential claims on behalf of shareholders of Norfolk Southern Corporation (NYSE: NSC) relating to the February 3, 2023 train derailment in East Palestine, Ohio and potential wrongdoing among certain of Norfolk Southern's officers and directors. The February 2023 Norfolk Southern train derailment released toxins and other combustible liquids, led to a controlled burn of toxic chemicals, and prompted the evacuation of residents from the surrounding area.
Source: PRNewsWire
Thu, 11 Apr 2024 10:00:00 -0400
Sentiment: Neutral
Instituions Institution %: 78.139
Last QTR Institution change: 2105599

Insiders
Insiders %: 0.058
Insiders Purchases last QTR: 0
Insiders Sales last QTR: 2000
Insiders Net last QTR: -2000

Analyst Ratings
Target Price: 234.7
Overall Rating: 3.8148
Strong Buys (5): 10
Buys (4): 3
Holds (3): 13
Sells (2): 1
Strong Sells (1): 0

Technicals
52 Week Hi: 263.66
52 Week Low: 180.7471
Beta: 1.292
50 Day MA: 253.603
200 Day MA: 225.6478

Earnings / Revenue Trends
Qtr Earnings Growth YOY: -0.321
Qtr Revenue Growth YOY: -0.051
Forward PE: 20.4918
Trailing PE: 30.288

Benefits of StockChartsAI.com System:

  • Get a Daily List of Stocks Starting New Trends
  • Upload Your Stocks to Quickly See and Track Signals
  • Easy to Understand AI Stock Signals
  • Analysis of Historical Signal Trend Analysis for each stock
  • Search/View AI Stock Signals of Russel 1000 Stocks
  • Easy to Understand AI Stock Signals
  • And MUCH MUCH more!

1000

Stock Analyzed Each Night

Portfolio

Easily Upload Track Your Stocks

Trends

See Lists of Stocks Starting New Trends

The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. By accessing this site, you agree we are not liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information from this site. Stocks, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Individual results may vary, and testimonials are not claimed to represent typical results. All testimonials are by real people, and may not reflect the typical purchaser’s experience, and are not intended to represent or guarantee that anyone will achieve the same or similar results. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.