Norfolk Southern To See Volume Gains Amid Productivity Improvements Despite Management Churn: Analyst
Norfolk Southern To See Volume Gains Amid Productivity Improvements Despite Management Churn: Analyst
BofA Securities analyst Ken Hoexter reiterated the Buy rating on Norfolk Southern Corporation (NYSE:NSC), with a price objective of $259.
美银证券分析师肯·霍克斯特重申了对诺福克南方公司（纽约证券交易所代码：NSC）的买入评级，目标股价为259美元。
Norfolk Southern has appointed Mark George as President & CEO, replacing Alan Shaw, who was terminated for violating company policies. The board's decision follows an investigation revealing Shaw's inappropriate relationship with the company's Chief Legal Officer.
诺福克南方航空已任命马克·乔治为总裁兼首席执行官，接替因违反公司政策而被解雇的艾伦·肖。董事会的决定是在一项调查显示肖与公司首席法务官的关系不当之后作出的。
Norfolk Southern has reaffirmed its 2024 targets, aiming for a 66% full-year operating ratio with a 64% – 65% target for the second half. New CEO Mark George, alongside COO John Orr, will focus on enhancing operational efficiency and closing the margin gap with peers, the analyst writes.
诺福克南方航空重申了其2024年的目标，目标是全年运营率达到66％，下半年的目标为64％至65％。分析师写道，新任首席执行官马克·乔治以及首席运营官约翰·奥尔将专注于提高运营效率和缩小与同行的利润差距。
Also Read: Norfolk Southern CEO Alan Shaw's Controversial Tenure Close To End Amid Ethics Scandal: WSJ
另请阅读：诺福克南方航空首席执行官艾伦·肖因道德丑闻而备受争议的任期即将结束：《华尔街日报》
Hoexter's price objective is based on 19x the FY25 EPS estimate. The target multiple is above its 12x-18x range as it moves past its 2023- 2024 earnings trough.
Hoexter的价格目标基于25财年每股收益估计值的19倍。随着其突破2023-2024年的收益低点，目标倍数已高于其12倍至18倍的区间。
Per the analyst, the company is set to accelerate earnings gains given its productivity improvements and focuses on volume gains and accelerating yields.
根据分析师的说法，鉴于其生产率的提高，该公司将加速收益增长，并专注于销量增长和收益率的提高。
The analyst notes that the management transition will be seamless as COO Orr continues the operational overhaul and new CEO George provides continuity and highlights the firm's management depth. The analyst's estimate for FY25 EPS stands at $13.60 per share.
分析师指出，随着首席运营官奥尔继续进行运营改革，管理层的过渡将是无缝的，新任首席执行官乔治提供了连续性并强调了公司的管理深度。分析师对25财年每股收益的估计为13.60美元。
According to Benzinga Pro, NSC stock has gained over 28% in the past year. 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 (NRSH).
根据Benzinga Pro的数据，NSC的股票在过去一年中上涨了28％以上。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（NRSH）获得股票敞口。
Price Action: NSC shares are trading higher by 0.31% to $254.55 on Thursday.
价格走势：周四，国家安全委员会股价上涨0.31％，至254.55美元。
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