CSX Corp. [CSX] stock is trading at $33.10, down -1.46%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CSX shares have gain 0.03% over the last week, with a monthly amount drifted -1.25%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
CSX Corp. [NASDAQ: CSX] stock has seen the most recent analyst activity on October 17, 2024, when TD Cowen reiterated its Hold rating and also revised its price target to $35 from $36. Previously, Citigroup started tracking the stock with Buy rating on October 09, 2024, and set its price target to $42. On July 08, 2024, downgrade downgraded it’s rating to Neutral. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $35 on June 07, 2024. Jefferies initiated its recommendation with a Hold and recommended $40 as its price target on April 08, 2024. TD Cowen reiterated a Market Perform rating for this stock on January 25, 2024, and upped its price target to $36. In a note dated January 08, 2024, Susquehanna upgraded an Positive rating on this stock.
CSX Corp. [CSX] stock has fluctuated between $29.03 and $40.12 over the past year. Currently, Wall Street analysts expect the stock to reach $38.04 within the next 12 months. CSX Corp. [NASDAQ: CSX] shares were valued at $33.10 at the most recent close of the market. An investor can expect a potential return of 14.92% based on the average CSX price forecast.
Analyzing the CSX fundamentals
CSX Corp. [NASDAQ:CSX] reported sales of 14.68B for the trailing twelve months, which represents a growth of 1.32%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.33%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.29 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.77 points at the first support level, and at 32.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.50, and for the 2nd resistance point, it is at 33.90.
Ratios To Look Out For
For context, CSX Corp.’s Current Ratio is 1.39. As well, the Quick Ratio is 1.23, while the Cash Ratio is 0.64. Considering the valuation of this stock, the price to sales ratio is 4.35, the price to book ratio is 4.94 and price to earnings (TTM) ratio is 17.79.
Transactions by insiders
Recent insider trading involved Goldman Nathan D, EVP & CLO, that happened on Feb 20 ’24 when 0.24 million shares were sold. EVP & CAO, Sorfleet Diana B completed a deal on Feb 07 ’24 to sell 37087.0 shares. Meanwhile, EVP & CCO Boone Kevin S. sold 60000.0 shares on Feb 06 ’24.
