82.04 +0.01 (0.02%)
After hours: 4:27PM EDT
|Bid||0.00 x 1100|
|Ask||0.00 x 1300|
|Day's Range||81.77 - 82.29|
|52 Week Range||64.31 - 84.40|
|PE Ratio (TTM)||8.59|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||82.43|
In this article I am going to calculate the intrinsic value of Genesee & Wyoming Inc (NYSE:GWR) by projecting its future cash flows and then discounting them to today’s value.Read More...
Genesee & Wyoming (GWR) is considering restructuring its UK/European operations. Genesee & Wyoming has a mean recommendation of 1.9, indicating a “buy.” A total of 14 analysts track GWR stock. Analysts polled by Thomson Reuters have set a mean target price of $83.14 on GWR stock, which moved upwards from $81.46 a month before.
Genesee & Wyoming’s (GWR) Australian shipments expanded marginally by 1.3% YoY (year-over-year) in May. The railroad moved ~51,300 carloads in that month compared to a little less than 50,600. In that region, carloads other than coal and coke accounted for 34% in May, which was almost equal with the share in May 2017. Coal and coke carloads were 66% of total carloads in GWR’s Australian operations in May. Carloads sans coal and coke went up 1% YoY in May to over 17,400 from ~17,300.
In May, Genesee & Wyoming’s (GWR) UK and European rail traffic slid 1.5% YoY (year-over-year). In April this year, the company’s European operations reported a volume rise. GWR moved ~90,800 railcars in the European region in May compared with ~92,200. However, on a quarter-to-May basis, the railroad’s UK/European carloads expanded 1.5% YoY to 176,700 units from slightly over 174,000.
North American operations form a sizable share of Genesee & Wyoming’s (GWR) overall revenues. The company earns between 60% and 65% of operating revenues from North American operations. In May 2018, the company’s North American same railroad volumes saw a double-digit jump by 13.6% YoY (year-over-year). The contribution of new railroads to total volumes in May was 725 carloads.
On June 13, Genesee & Wyoming (GWR) released its rail traffic data for May. The company operates in three regions: North America, UK/Europe, and Australia. In the reported month, the company’s combined volumes from same-railroad operations were ~292,400 carloads, up 6.3% YoY (year-over-year) from slightly over 275,200 units. On a reported basis, GWR’s rail traffic was up 6.6% in May. Genesee & Wyoming’s combined volumes on a quarter-to-May basis were up 4.9% YoY for same railroad operations.
The largest short line carrier in the US, Genesee & Wyoming (GWR), has operations in the US, Canada, UK/Europe, and parts of Australia. Though it doesn’t fall in that category, GWR has widely been compared with Class I railroads in the US.
On June 13, the AAR (Association of American Railroads) released its rail freight data for the week prior (ended June 9), or Week 23. The data pertains to the 12 North American rail carriers (IYT) who submit their weekly freight statistics to the AAR. The AAR categorizes carload commodities into 20 major groups, including coal, chemicals, grain, and primary metal products. Intermodal data is reported separately.
Today I will be providing a simple run-through of the discounted cash flows (DCF) method to estimate the attractiveness of Genesee & Wyoming Inc (NYSE:GWR) as an investment opportunity. IfRead More...
Railroad companies’ (IYJ) stocks are cyclical in nature. They move alongside the swings in the US and global economies.
In Week 20, Canada’s largest railroad, Canadian National Railway (CNI), posted a high single-digit rise in carload volumes. CNI’s carload traffic rose 8.6% YoY (year-over-year) to ~65,700 units from ~60,500, slightly more than competitor Canadian Pacific Railway’s (CP), which rose 7.2%.
Analysts’ consensus mean rating on Canadian Pacific Railway (CP) for the next 12 months is 2.12 with a “buy” outlook as of May 28.
The smallest US Class I railroad, Kansas City Southern (KSU), saw its carload traffic fall 1.4% YoY (year-over-year) in Week 20 (ended May 19). This year, the US-Mexico railroad’s carload volume growth has had a bumpy ride. In Week 20, the railroad’s carload traffic fell YoY to ~24,400 carloads from ~24,800. In contrast, US railroads’ (XTN) carload traffic rose 1.2% YoY.
Among all Class I railroad companies, Canadian Pacific Railway (CP) was the only one (XTN) to be highly optimistic in its 2018 outlook, and the company maintains that outlook.
In Week 20 (ended May 19), eastern US major Norfolk Southern’s (NSC) carload traffic grew 3.2% YoY (year-over-year) to ~70,000 railcars (excluding intermodal) from ~67,900. The company’s carload traffic growth was higher than the 1.2% YoY rise posted by US railroads (GWR) and competitor CSX’s 0.8% YoY growth. This year, NSC’s carload volumes have grown more than CSX’s.
In this article, we’ll review Canadian Pacific Railway’s (CP) cash flow levels and compare them to the levels of other US Class I railroad companies (XLI).
Omaha-headquartered Union Pacific (UNP) is a western US railroad giant, like Berkshire Hathaway-owned BNSF Railway (BRK.B). In Week 20, UNP’s carload traffic rose 3.7% YoY (year-over-year) to ~95,000 railcars (excluding intermodal) from ~91,600, underperforming rival BNSF Railway, whose carload volumes grew 4.3% YoY. However, UNP’s traffic growth exceeded the 1.2% growth reported by US railroads (XTN).
In Week 20 (ended May 19), western US rail freight major BNSF Railway’s (BRK.B) carload traffic rose 4.3% YoY (year-over-year) to ~97,600 railcars (excluding intermodal) from ~93,500. Competitor Union Pacific (UNP) followed BNSF Railway in terms of carload growth, posting a 3.7% rise YoY. BNSF’s carload growth rose 1.2% YoY.
On May 23, the AAR (Association of American Railroads) released its weekly rail freight data for the week ended May 19, or Week 20. The AAR receives data from 12 North American railroads (IYJ). Carload volumes are categorized into 20 major groups, including coal, grain, primary metal products, and chemicals. Intermodal data is reported separately.
Genesee & Wyoming Inc. Executive Vice President, Global Corporate Development, Matthew O. Walsh will present at the Deutsche Bank Global Industrials and Materials Summit in Chicago on Wednesday, June 6, 2018, at 1:25 p.m.
Stifel analyst Michael Baudendistel went all-in on rail stocks Wednesday, reinstating coverage on seven of the biggest names in the railroad industry. Baudendistel is generally bullish on the group, but his analysis suggests some stocks are better bets than others. The company’s volume growth has historically allowed the stock to trade at a valuation premium to its peer group, Baudendistel said.
On May 12, the AAR (Association of American Railroads) published its weekly rail freight data for 12 major North American railroads. The weekly data were for the week ended May 12, or Week 19. That week, reporting US rail carriers’ total railcar volumes, including intermodal units, rose 5.8%.
In this final part of the series, we’ll go through GWR’s first-quarter key financial metrics. On May 1, Genesee & Wyoming (GWR) reported its first-quarter results of operations. The company’s reported EPS (earnings per share) of $1.19 in that quarter surpassed analysts’ estimate by 62.4%. However, GWR’s adjusted EPS of $0.70 missed estimates by 4.3% in the first quarter. The railroad’s adjusted earnings went up by a solid 32.1% from $0.53 per share in Q1 2017 YoY (year-over-year).
In April, Genesee & Wyoming’s (GWR) Australian railcar traffic fell 8.1% YoY (year-over-year). The company hauled ~61,000 carloads in that month compared to a little less than 55,400 railcars in April 2017.