Zacks Investment Research reports that Norfolk Southern Corporation has seen upward revisions to its consensus earnings estimates for the third and fourth quarters of 2026, as well as for full-year 2026 and 2027, over the past 60 days. The firm cites e-commerce growth, the Precision Scheduled Railroading operating plan, and a solid balance sheet with $1.06 billion in cash versus $649 million in current debt as positives. However, it also notes headwinds including a freight recession, coal market weakness, and an unattractive valuation with a forward 12-month price-to-earnings ratio of 25.88 times versus the industry's 22.86 times. Zacks maintains a Hold rating on the stock, advising investors to wait for a better entry point.
Norfolk Southern CorporationZacks maintains Hold rating, notes upward estimate revisions but unattractive valuation
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