Canadian National Railway upgraded by UBS with a new price target
$CNR
Metal Fabrications
Capital Goods
UBS upgraded Canadian National Railway from Neutral to Buy and set a new price target of $162.00 from $141.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/15/2022 | $23.00 → $24.65 | Buy → Neutral | DA Davidson |
| 2/14/2022 | Buy → Neutral | Sidoti | |
| 1/26/2022 | $168.00 → $180.00 | Market Perform → Outperform | Raymond James |
| 11/16/2021 | $177.00 | Neutral | Atlantic Equities |
| 9/20/2021 | $165.00 → $175.00 | Hold → Buy | TD Securities |
| 9/20/2021 | $147.00 → $160.00 | Sector Outperform | Scotiabank |
| 9/17/2021 | $139.00 → $168.00 | Sector Perform → Outperform | RBC Capital |
Posted fourth-quarter and full-year net sales growth of 23.5% and 20.9% over the prior year, respectively Generated full-year earnings of $5.19 per diluted common share; $2.10 adjusted earnings per diluted common share Reported net debt leverage of 3.7x, 1.2x lower than the prior year Completed acquisition of Union Corrugating Company; expands metal roof offering to the residential market Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today reported fourth-quarter 2021 net sales of $1,471.6 million and net income of $38.1 million or twenty-nine cents per diluted share. This compares with net sal
Cornerstone Building Brands, Inc. (NYSE:CNR), the largest manufacturer of exterior building products in North America, today announced that it has rescheduled its release of 2021 fourth-quarter financial results from Monday, February 21, 2022, to Tuesday, March 1, 2022, when it plans to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Additionally, following the Company's announcement on February 14, 2022, of its receipt of a non-binding last and final proposal from funds affiliated with Clayton, Dublier & Rice, LLC ("CD&R) to acquire all of the Company's outstanding shares of common stock that CD&R does not already own for $24.65 in cash per share, the Comp
Cornerstone Building Brands, Inc. (NYSE:CNR), the largest manufacturer of exterior building products in North America, will release its 2021 fourth-quarter financial results on Monday, February 21, after the market closes on the New York Stock Exchange. The company will host a conference call at 9:00 a.m. EST on Tuesday, February 22, to discuss its fourth-quarter financial performance with investors and securities analysts. The financial results and supplemental information will be available online at investors.cornerstonebuildingbrands.com. To register, please use the link: http://www.directeventreg.com/registration/event/5885919 After registering, an email confirmation with dial-in det
Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today announced that Melissa Jones has joined the Company as President, U.S. Siding. In her role, Ms. Jones will lead the Company's U.S. residential siding and fence and rail business. She will assume the role effective July 1, 2022 and report directly to President and Chief Executive Officer Rose Lee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220630005871/en/Melissa Jones (pictured) joins Cornerstone Building Brands as President, U.S. Siding. (Photo: Business Wire) Ms. Jones has more than 20
Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, completed the previously announced sale of its coil coatings business to BlueScope Steel Limited ("BlueScope") in an all-cash transaction for $500 million, subject to customary adjustments. The transaction includes products sold under the Metal Coaters and Metal Prep brands. This strategic transaction positions the Company for further growth in large, deep markets and strengthens its financial flexibility. We continually evaluate our portfolio, taking actions that will result in a more focused and simplified portfolio, which we believe will enhance Cornerst
Posted record first-quarter net sales of $1,567 million, growth of 23.7 percent from the same quarter last year Generated earnings of $0.79 per diluted common share; $0.66 adjusted net income per diluted common share Improved net operating cash flow to $190 million and net debt leverage to 3.3x Announced divestiture of coil coatings business for $500 million Cornerstone Building Brands, Inc. (NYSE:CNR) ("Cornerstone Building Brands" or the "Company"), the largest manufacturer of exterior building products in North America, today reported strong financial results for the first quarter of 2022. First-Quarter 2022 Financial Highlights Net sales for the first quarter were $1,566.8
8-K - Cornerstone Building Brands, Inc. (0000883902) (Filer)
10-Q - Cornerstone Building Brands, Inc. (0000883902) (Filer)
8-K/A - Cornerstone Building Brands, Inc. (0000883902) (Filer)
SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)
SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)
SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)
DA Davidson downgraded Cornerstone Building from Buy to Neutral and set a new price target of $24.65 from $23.00 previously
Sidoti downgraded Cornerstone Building Brands from Buy to Neutral
Raymond James upgraded Canadian National Railway from Market Perform to Outperform and set a new price target of $180.00 from $168.00 previously
4 - Cornerstone Building Brands, Inc. (0000883902) (Issuer)
4 - Cornerstone Building Brands, Inc. (0000883902) (Issuer)
4 - Cornerstone Building Brands, Inc. (0000883902) (Issuer)
Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today announced that Melissa Jones has joined the Company as President, U.S. Siding. In her role, Ms. Jones will lead the Company's U.S. residential siding and fence and rail business. She will assume the role effective July 1, 2022 and report directly to President and Chief Executive Officer Rose Lee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220630005871/en/Melissa Jones (pictured) joins Cornerstone Building Brands as President, U.S. Siding. (Photo: Business Wire) Ms. Jones has more than 20
Cornerstone Building Brands, Inc. (NYSE:CNR), the largest manufacturer of exterior building products in North America, announced today that Judith Reinsdorf has been appointed as an independent member of its board of directors, effective August 19, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210819005774/en/Judith Reinsdorf, appointed an independent member of Cornerstone Building Brands Board of Directors (Photo: Business Wire) Ms. Reinsdorf has extensive experience in executive roles across multiple industries. She most recently served as Executive Vice President and General Counsel of Johnson Controls International, a
James S. Metcalf announces retirement, transitions to the role of Executive Chairman Rose Lee appointed President and Chief Executive Officer effective September 6, 2021 Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today announced that James S. Metcalf will retire as chief executive officer (CEO), effective September 6, 2021. As part of the leadership transition, Mr. Metcalf will continue in the role of executive chairman of the board through March 31, 2022. Rose Lee will succeed Mr. Metcalf as president and CEO and will join the board as a director of the Company. This press release features mul
According to Benzinga Pro, during Q1, Cornerstone Building (NYSE:CNR) earned $102.28 million, a 168.8% increase from the preceding quarter. Cornerstone Building also posted a total of $1.57 billion in sales, a 6.48% increase since Q4. Cornerstone Building earned $38.05 million, and sales totaled $1.47 billion in Q4. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q
Companies Reporting Before The Bell • General Motors (NYSE:GM) is likely to report quarterly earnings at $1.30 per share on revenue of $34.59 billion. • Pentair (NYSE:PNR) is projected to report quarterly earnings at $1.00 per share on revenue of $1.05 billion. • IVERIC bio (NASDAQ:ISEE) is expected to report earnings for its second quarter. • NexPoint Residential (NYSE:NXRT) is estimated to report quarterly loss at $0.24 per share on revenue of $63.85 million. • Old National Bancorp (NASDAQ:ONB) is likely to report quarterly earnings at $0.39 per share on revenue of $390.55 million. • Neogen (NASDAQ:NEOG) is expected to report quarterly earnings at $0.11 per share on revenue of $13
Upgrades For Pacific Premier Bancorp Inc (NASDAQ:PPBI), Raymond James upgraded the previous rating of Outperform to Strong Buy. In the first quarter, Pacific Premier Bancorp showed an EPS of $0.70, compared to $0.72 from the year-ago quarter. At the moment, the stock has a 52-week-high of $45.24 and a 52-week-low of $27.92. Pacific Premier Bancorp closed at $30.08 at the end of the last trading period. For Heritage Commerce Corp (NASDAQ:HTBK), Raymond James upgraded the previous rating of Outperform to Strong Buy. For the first quarter, Heritage Commerce had an EPS of $0.21, compared to year-ago quarter EPS of $0.19. The current stock performance of Heritage Commerce shows a 52-week-high