Added to YB: 2024-08-12
Pitch date: 2024-08-09
NSC [bullish]
Norfolk Southern Corporation
+27%
current return
Author Info
No bio for this author
Company Info
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States.
Market Cap
$66.0B
Pitch Price
$233.85
Price Target
N/A
Dividend
1.84%
EV/EBITDA
13.54
P/E
22.44
EV/Sales
6.72
Sector
Ground Transportation
Category
turnaround
ClearBridge Global Infrastructure Value Strategy Portfolio Holding: Norfolk Southern Corporation
NSC: Leading US rail operator, facing headwinds from loose truck market pressure on tariffs. Q2 results weak, but expect improvement H2 2024/early 2025 as trucking capacity rationalizes. Freight demand/supply rebalancing positive for US rails. Short-term challenges, long-term potential in transport sector recovery.
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