Added to YB: 2024-10-01
Pitch date: 2024-07-18
NSC [bullish]
Norfolk Southern Corporation
+33.33%
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
$66.6B
Pitch Price
$224.62
Price Target
N/A
Dividend
1.82%
EV/EBITDA
13.64
P/E
22.65
EV/Sales
6.77
Sector
Ground Transportation
Category
turnaround
Lazard Global Listed Infrastructure Portfolio Holding: Norfolk Southern Corporation
NSC: Proxy contest ended with 3 new board members, support for CEO Shaw, and ex-CN CEO Mongeau as Chair. Strengthened board expertise, achievable operating ratio targets. Settled East Palestine derailment claims. Q1 share price down with other Class 1 railroads amid IT/high-beta sector focus.
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