CSX Corporation [CSX] has traded in a range of $46.81 to $93.71 in the last 1 year. As of this writing, the stock is at $91.33, down -1.26%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, CSX shares are 1.43% up with the monthly amount drift of 13.98% and seems well in a long time frame.

On 18, November 2020, CSX Recognized by Dow Jones Sustainability Index. According to news published on Yahoo Finance, Company Appears for 10th Consecutive Year.

Analyst Birdseye View:

The most recent analyst activity for CSX Corporation [NASDAQ:CSX] stock was on October 22, 2020, when it was Reiterated with a Market perform rating from Cowen, which also raised its 12-month price target on the stock from $80 to $84. Before that, on October 30, 2020, RBC Capital Mkts Recapitulated an Outperform rating and elevated its amount target to $89. On October 13, 2020, Bernstein Upgrade an Outperform rating and boosted its price target on this stock to $94. On October 02, 2020, Evercore ISI Upgrade an Outperform rating and increased its price target to $90. On September 25, 2020, The Benchmark Company Upgrade a Buy rating and increased its price target to $95. On September 23, 2020, Atlantic Equities Upgrade an Overweight rating and boosted its amount on this stock to $92. On August 31, 2020, Stephens Upgrade an Overweight rating and boosted its target amount on this stock from $72 to $93. On May 20, 2020, UBS Upgrade a Buy rating and amplified its amount target to $80.

In the past 52 weeks of trading, this stock has oscillated between a low of $46.81 and a peak of $93.71. At the most recent market close, shares of CSX Corporation [NASDAQ:CSX] were valued at $91.33.

FUNDAMENTAL ANALYSIS

CSX Corporation [NASDAQ:CSX] most recently reported quarterly sales of 2.65 billion, which represented growth of -11.10%. This publicly-traded organization’s revenue is $568,429 per employee, while its income is $158,619 per employee. This company’s Gross Margin is currently 78.50%, its Operating Margin is 40.40%, its Pretax Margin is +36.16, and its Net Margin is +27.90. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 8.72, 27.29, 16.95 and 11.97 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 58.63 and the whole liability to whole assets at 43.18. It shows enduring liability to the whole principal at 57.57 and enduring liability to assets at 0.42 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 90.53 points at 1st support level, the second support level is making up to 89.74. But as of 1st resistance point, this stock is sitting at 92.88 and at 94.44 for 2nd resistance point.

CSX Corporation [CSX] reported its earnings at $0.96 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.93/share signifying the difference of 0.03 and 3.20% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.65 calling estimates for $0.64/share with the difference of 0.01 depicting the surprise of 1.60%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for CSX Corporation [NASDAQ:CSX] is 1.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.91. Now if looking for a valuation of this stock’s amount to sales ratio it’s 4.84, it’s amount to book ratio is 4.72 and showing 25.38 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Wallace Mark Kenneth, EVP – Sales & Marketing, and it was the sale of 3986.0 shares on Nov 05. Goldman Nathan D, the EVP & CLO, completed a sale of 12000.0 shares on Nov 05. On Aug 11, Sorfleet Diana B, EVP & CAO, completed a sale of 36836.0 shares.