19-Apr-2024
No green shoots ahead for transportation sector - analyst
Seeking Alpha News (Thu, 18-Apr 9:38 AM ET)
Analysts Are Bullish on Top Industrial Goods Stocks: Transcat (TRNS), Equifax (EFX)
TipRanks (Thu, 18-Apr 7:40 AM ET)
Buy Rating Reaffirmed for CSX Amid Operational Excellence and Strong Project Pipeline
TipRanks (Thu, 18-Apr 7:16 AM ET)
TipRanks (Thu, 18-Apr 7:10 AM ET)
Analysts Conflicted on These Industrial Goods Names: CSX (CSX) and United Airlines Holdings (UAL)
TipRanks (Thu, 18-Apr 6:41 AM ET)
Analysts Offer Insights on Industrial Goods Companies: CSX (CSX) and EasyJet (OtherEJTTF)
TipRanks (Thu, 18-Apr 6:02 AM ET)
Barclays Keeps Their Buy Rating on CSX (CSX)
TipRanks (Thu, 18-Apr 5:26 AM ET)
CSX Earnings: Q1 Beat and Solid Guidance Lift Stock
TipRanks (Thu, 18-Apr 1:51 AM ET)
TipRanks (Wed, 17-Apr 8:45 PM ET)
CSX shares climb after-hours as Q1 results top expectations
Seeking Alpha News (Wed, 17-Apr 4:50 PM ET)
Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.7 billion in 2023. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.
CSX trades on the NASDAQ stock market under the symbol CSX.
As of April 19, 2024, CSX stock price declined to $34.34 with 12,014,121 million shares trading.
CSX has a beta of 0.90, meaning it tends to be less sensitive to market movements. CSX has a correlation of 0.31 to the broad based SPY ETF.
CSX has a market cap of $67.13 billion. This is considered a Large Cap stock.
Last quarter CSX reported $4 billion in Revenue and $.46 earnings per share. This beat revenue expectation by $21 million and exceeded earnings estimates by $.01.
In the last 3 years, CSX stock traded as high as $40.12 and as low as $25.80.
The top ETF exchange traded funds that CSX belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.
CSX has underperformed the market in the last year with a price return of +13.8% while the SPY ETF gained +21.2%. CSX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.3% and -5.4%, respectively, while the SPY returned +3.0% and -4.5%, respectively.
CSX support price is $33.95 and resistance is $34.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CSX stock will trade within this expected range on the day.