What changed
$CNI — WATCHLIST 📊 | 6 MONTHS THESIS
🎯 latest | Rev $2.6B | EPS $1.80 vs $1.81 🔴
💡 Consensus appears to expect steady low-single-digit growth and stable margins. The tiny EPS miss suggests in-line operations; there is no variant view that the market is mispricing the outlook. Market-implied expectations likely reflect a 'steady as she goes' railroad, and we see no reason to differ materially.
📉 Reward/risk: 0.2:1
🏢 Business Quality: 9/10 - Class I railroad with wide moat, essential infrastructure, pricing power, and strong returns on capital.
📊 Valuation: fair - Based on estimated annual EPS of ~$7.20, P/E of ~15.7x sits within the 10-year historical range of 14-20x and in line with peer railroads.
📊 Our read: WATCHLIST. Full analysis →
https://stockduty.xyz/s/CNI0621