CSX Corp (CSX) Shares on the Decline: Short-term Analysis

CSX Corp [CSX] stock is trading at $36.58, down -0.30%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CSX shares have gain 5.81% over the last week, with a monthly amount glided 10.02%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 $31.65 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 $36.58 at the most recent close of the market. An investor can expect a potential return of 3.99% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.43.

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 36.42 points at the first support level, and at 36.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.82, and for the 2nd resistance point, it is at 37.07.

Ratios To Look Out For

For context, CSX Corp’s Current Ratio is 1.39. Further, the Quick Ratio stands at 1.23, while the Cash Ratio is 0.64. Considering the valuation of this stock, the price to sales ratio is 4.79, the price to book ratio is 5.46 and price to earnings (TTM) ratio is 19.66.

Transactions by insiders

Recent insider trading involved Goldman Nathan D, EVP & CLO, that happened on Nov 18 ’24 when 0.12 million shares were sold. Officer, Goldman Nathan D completed a deal on Nov 18 ’24 to buy 0.12 million shares. Meanwhile, EVP & CLO Goldman Nathan D sold 0.24 million shares on Feb 20 ’24.

Related Posts