Norfolk Southern Poised for Long-Term Efficiency, Analyst Projects Improved Operating Ratios
Norfolk Southern Poised for Long-Term Efficiency, Analyst Projects Improved Operating Ratios
Norfolk Southern Corporation (NYSE:NSC) shares are trading higher after the company reported second-quarter financial results yesterday, and several analysts revised their price target.
诺福克南方公司（纽约证券交易所代码：NSC）股价走高，此前该公司昨天公布了第二季度财务业绩，几位分析师上调了目标股价。
On Thursday, the company reported railway operating revenue of $3 billion, up 2% Y/Y, and delivered adjusted earnings of $3.06 per share, beating analyst estimates of $2.86 per share.
周四，该公司公布的铁路运营收入为30亿美元，同比增长2％，调整后的每股收益为3.06美元，超过了分析师预期的每股2.86美元。
RBC Capital Markets analyst Walter Spracklin lowered the price target to $267 (from $270) and reiterated the Outperform rating.
加拿大皇家银行资本市场分析师沃尔特·斯普拉克林将目标股价从270美元下调至267美元，并重申了跑赢大盘的评级。
Building on John Orr and the operating team's progress, NSC has reaffirmed its 2024 guidance of a 66% Operating Ratio, aligning with the consensus estimate of 66.4%.
在约翰·奥尔和运营团队进展的基础上，国家安全委员会重申了其2024年运营比率为66％的指导方针，与66.4％的共识估计一致。
The analyst expects the company to reach an industry-average O/R of the mid-to-high 50s by 2027, which is crucial to their positive investment outlook.
分析师预计，到2027年，该公司将达到50年代中高水平的行业平均市盈率，这对于他们的乐观投资前景至关重要。
While management hasn't set a specific 2027 target, their guidance indicates $250 million in productivity savings within the first six months of productivity drive, $400 million in 1-2 years, and $550 million in 2-3 years, writes the analyst.
分析师写道，尽管管理层尚未设定2027年的具体目标，但他们的指导表明，在提高生产力的前六个月内可以节省2.5亿美元，在1-2年内节省4亿美元，在2-3年内节省5.5亿美元。
The management anticipates progress toward a sub-60% O/R in the first 1-2 years. Although this does not explicitly confirm a sub-60% O/R by 2026 or 57.5% by 2027, Spracklin says these targets are achievable and are not yet reflected in consensus estimates. The analyst reaffirmed the 2024 EPS estimate at $11.83.
管理层预计，在最初的1-2年中，市盈率将降至-60％以下。尽管这并未明确确认到2026年市盈率将低于-60％，到2027年为57.5％，但斯普拉克林表示，这些目标是可以实现的，尚未反映在共识估计中。该分析师重申了2024年的每股收益估计为11.83美元。
Goldman Sachs analyst Jordan Alliger raised the price target to $292 from $280 while maintaining the Buy rating.
高盛分析师乔丹·阿利格将目标股价从280美元上调至292美元，同时维持买入评级。
The analyst increased the EPS estimates for FY24, FY25, and FY26 due to higher-than-expected EPS results and greater confidence in management's ability to drive productivity gains and significant margin improvements.
该分析师提高了对24财年、25财年和26财年的每股收益的预期，这是由于每股收益高于预期，以及对管理层推动生产率提高和利润率显著提高的能力的信心增强。
The analyst expects significant OR improvement in H2 2024, with the potential for up to 400 basis points of margin gains.
该分析师预计，2024年下半年的利润率将显著改善，利润率可能增长多达400个基点。
The likelihood that the projected 100-150 basis points annual OR improvement may be conservative, particularly if economic recovery boosts growth beyond typical forecasts, writes the analyst.
分析师写道，预计的年利率改善100-150个基点的可能性可能是保守的，特别是如果经济复苏提振的增长超过了典型的预期。
GS economists anticipate industrial production will rise from +0.6% YoY in 2024 to +3.8% YoY in 2025.
GS经济学家预计，工业生产将从2024年的同比增长0.6％上升到2025年的同比增长3.8％。
Read: Norfolk Southern's Operational Turnaround To Drive Over 20% EPS Growth Through 2027, Analyst Says
阅读：分析师称，到2027年，诺福克南方航空的运营转型将推动每股收益增长20％以上
Stifel raised the price target to $241 from $239 and maintained a Hold rating.
Stifel将目标股价从239美元上调至241美元，并维持持有评级。
Wells Fargo increased the price target to $270 from $260 and reiterated an Overweight rating.
富国银行将目标股价从260美元上调至270美元，并重申增持评级。
Investors can gain exposure to the stock via IShares Trust IShares U.S. Transportation ETF (BATS:IYT) and Tidal ETF Trust Aztlan North America Nearshoring Stock Selection ETF (NYSE:NRSH).
投资者可以通过iShares Trust iShares美国运输ETF（BATS: IYT）和潮汐ETF信托北美近岸股票精选ETF（纽约证券交易所代码：NRSH）获得股票敞口。
Price Action: NSC shares are trading higher by 11.2% to $247.91 at last check Friday.
价格走势：周五最后一次检查时，NSC股价上涨11.2％，至247.91美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：此内容部分是在人工智能工具的帮助下制作的，并由Benzinga的编辑审阅和发布。
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