CSX Corp [CSX] stock prices are up 1.57% to $32.97 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CSX shares have gain 2.39% over the last week, with a monthly amount drifted -0.81%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CSX Corp [NASDAQ: CSX] stock has seen the most recent analyst activity on January 10, 2025, when Jefferies upgraded its rating to a Buy but kept the price target unchanged to $37 for it. Previously, TD Cowen reaffirmed its Hold rating on October 17, 2024, and dropped its price target to $35. On October 09, 2024, Citigroup initiated with a Buy rating and assigned a price target of $42 on the stock. BofA Securities downgraded its rating to a Neutral. Wells Fargo initiated its recommendation with a Equal Weight and recommended $35 as its price target on June 07, 2024. Jefferies started tracking with a Hold rating for this stock on April 08, 2024, and assigned it a price target of $40. In a note dated January 25, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $32 to $36.
The stock price of CSX Corp [CSX] has been fluctuating between $31.43 and $40.12 over the past year. Currently, Wall Street analysts expect the stock to reach $38.11 within the next 12 months. CSX Corp [NASDAQ: CSX] shares were valued at $32.97 at the most recent close of the market. An investor can expect a potential return of 15.59% based on the average CSX price forecast.
Analyzing the CSX fundamentals
The CSX Corp [NASDAQ:CSX] reported sales of 14.68B for trailing twelve months, representing a surge 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 32.33 points at the first support level, and at 31.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.29, and for the 2nd resistance point, it is at 33.62.
Ratios To Look Out For
It’s worth pointing out that CSX Corp [NASDAQ:CSX]’s Current Ratio is 1.39. On the other hand, the Quick Ratio is 1.23, and the Cash Ratio is 0.64. Considering the valuation of this stock, the price to sales ratio is 4.33, the price to book ratio is 4.92 and price to earnings (TTM) ratio is 17.72.
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.
