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.
美銀證券分析師肯·霍克斯特重申了對諾福克南方公司（紐約證券交易所代碼：NSC）的買入評級，目標股價爲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.
諾福克南方航空已任命馬克·喬治爲總裁兼首席執行官，接替因違反公司政策而被解僱的艾倫·肖。董事會的決定是在一項調查顯示肖與公司首席法務官的關係不當之後作出的。
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.
諾福克南方航空重申了其2024年的目標，目標是全年運營率達到66％，下半年的目標爲64％至65％。分析師寫道，新任首席執行官馬克·喬治以及首席運營官約翰·奧爾將專注於提高運營效率和縮小與同行的利潤差距。
Also Read: Norfolk Southern CEO Alan Shaw's Controversial Tenure Close To End Amid Ethics Scandal: WSJ
另請閱讀：諾福克南方航空首席執行官艾倫·肖因道德醜聞而備受爭議的任期即將結束：《華爾街日報》
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的價格目標基於25財年每股收益估計值的19倍。隨着其突破2023-2024年的收益低點，目標倍數已高於其12倍至18倍的區間。
Per the analyst, the company is set to accelerate earnings gains given its productivity improvements and focuses on volume gains and accelerating yields.
根據分析師的說法，鑑於其生產率的提高，該公司將加速收益增長，並專注於銷量增長和收益率的提高。
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.
分析師指出，隨着首席運營官奧爾繼續進行運營改革，管理層的過渡將是無縫的，新任首席執行官喬治提供了連續性並強調了公司的管理深度。分析師對25財年每股收益的估計爲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).
根據Benzinga Pro的數據，NSC的股票在過去一年中上漲了28％以上。投資者可以通過iShares Trust iShares美國運輸ETF（BATS: IYT）和潮汐ETF信託北美近岸股票精選ETF（NRSH）獲得股票敞口。
Price Action: NSC shares are trading higher by 0.31% to $254.55 on Thursday.
價格走勢：週四，國家安全委員會股價上漲0.31％，至254.55美元。
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譯文內容由第三人軟體翻譯。