EPS for Kelt Exploration Ltd. (KEL) Expected At $0.05; Norfolk Southern (NSC) Shorts Up By 8.46%

April 5, 2018 - By Linda Rogers

Norfolk Southern Corporation (NYSE:NSC) Logo

Norfolk Southern Corporation (NYSE:NSC) had an increase of 8.46% in short interest. NSC’s SI was 4.34 million shares in April as released by FINRA. Its up 8.46% from 4.01M shares previously. With 2.16 million avg volume, 2 days are for Norfolk Southern Corporation (NYSE:NSC)’s short sellers to cover NSC’s short positions. The SI to Norfolk Southern Corporation’s float is 1.52%. The stock increased 0.77% or $1.02 during the last trading session, reaching $133. About 1.45M shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 20.21% since April 5, 2017 and is uptrending. It has outperformed by 8.66% the S&P500.

Analysts expect Kelt Exploration Ltd. (TSE:KEL) to report $0.05 EPS on May, 9.They anticipate $0.06 EPS change or 600.00% from last quarter’s $-0.01 EPS. T_KEL’s profit would be $9.01 million giving it 36.75 P/E if the $0.05 EPS is correct. After having $-0.03 EPS previously, Kelt Exploration Ltd.’s analysts see -266.67% EPS growth. The stock increased 4.85% or $0.34 during the last trading session, reaching $7.35. About 761,519 shares traded. Kelt Exploration Ltd. (TSE:KEL) has 0.00% since April 5, 2017 and is . It has underperformed by 11.55% the S&P500.

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas and crude oil resources primarily in northwestern Alberta and northeastern British Columbia, Canada. The company has market cap of $1.33 billion. As of December 31, 2016, the firm owned interests in approximately 856,754 net acres of developed and undeveloped land. It currently has negative earnings. It also had proved developed producing reserves of 34.5 million barrels of oil equivalent ; total proved reserves of 108.2 million BOE; and total proved plus probable reserves of 194.1 million BOE.

Among 6 analysts covering Kelt Exploration Ltd. (TSE:KEL), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Kelt Exploration Ltd. had 53 analyst reports since August 11, 2015 according to SRatingsIntel. TD Securities maintained the stock with “Buy” rating in Tuesday, August 11 report. The rating was downgraded by IBC to “Sector Performer” on Wednesday, October 28. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, August 11. The firm earned “Outperform” rating on Thursday, January 19 by Scotia Capital. The firm earned “Outperform” rating on Thursday, January 19 by RBC Capital Markets. The rating was maintained by Scotia Capital on Friday, November 11 with “Outperform”. As per Tuesday, August 11, the company rating was maintained by IBC. The stock of Kelt Exploration Ltd. (TSE:KEL) earned “Neutral” rating by Credit Suisse on Tuesday, August 11. The firm has “” rating by Raymond James given on Monday, June 6. Raymond James maintained Kelt Exploration Ltd. (TSE:KEL) rating on Thursday, January 19. Raymond James has “Strong Buy” rating and $10 target.

Among 30 analysts covering Norfolk Southern Corp. (NYSE:NSC), 7 have Buy rating, 5 Sell and 18 Hold. Therefore 23% are positive. Norfolk Southern Corp. had 97 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was downgraded by Scotia Capital to “Sector Perform” on Thursday, July 6. As per Tuesday, July 28, the company rating was downgraded by Scotia Capital. The company was downgraded on Monday, November 2 by Macquarie Research. The firm earned “Mkt Perform” rating on Thursday, January 28 by Avondale. Barclays Capital upgraded the stock to “Equal-Weight” rating in Monday, December 7 report. On Thursday, October 12 the stock rating was maintained by Credit Suisse with “Buy”. The stock has “Hold” rating by Loop Capital on Thursday, August 4. Wolfe Research upgraded the shares of NSC in report on Monday, August 7 to “Buy” rating. The firm has “Buy” rating given on Friday, September 29 by Cowen & Co. Robert W. Baird maintained Norfolk Southern Corporation (NYSE:NSC) on Thursday, October 5 with “Hold” rating.

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company has market cap of $37.68 billion. It also transports overseas freight through various Atlantic and Gulf Coast ports. It has a 7.15 P/E ratio. In addition, the firm is involved in the operation of scheduled passenger trains; leasing or sale of rail property and equipment; development of commercial real estate; telecommunications; and the acquisition, leasing, and management of coal, oil, gas, and minerals, as well as the transport of automotive and industrial products.

Investors sentiment is 0.83 in Q4 2017. Its the same as in 2017Q3. It has no change, as 35 investors sold Norfolk Southern Corporation shares while 360 reduced holdings. only 80 funds opened positions while 249 raised stakes. 197.25 million shares or 2.25% less from 201.79 million shares in 2017Q3 were reported. Moreover, Boston Advsr Lc has 0.14% invested in Norfolk Southern Corporation (NYSE:NSC). 2,475 are held by Kcm Inv Advsr Lc. Btr Cap Mgmt Inc holds 0.06% of its portfolio in Norfolk Southern Corporation (NYSE:NSC) for 2,126 shares. Haverford Co reported 15,333 shares or 0.04% of all its holdings. Investment Prtn Oh Adv holds 0.16% or 1,500 shares. Cibc Ww stated it has 57,844 shares or 0.06% of all its holdings. Stonebridge Cap Management holds 0.24% or 4,445 shares in its portfolio. Ent Fin holds 0.03% or 444 shares. Toronto Dominion Bank has 123,621 shares. Usca Ria Ltd Limited Liability Company holds 0.05% or 3,190 shares in its portfolio. Stevens First Principles Inv Advisors holds 3.06% or 39,241 shares. Twin Management Incorporated holds 48,374 shares. 2,104 were reported by Los Angeles Mgmt Equity Rech. Tokio Marine Asset Mgmt Ltd reported 1,844 shares. 48,031 are held by Bb&T.

Norfolk Southern Corporation (NYSE:NSC) Institutional Positions Chart

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