What’s The Story Behind CSX Corp. (NASDAQ:CSX)

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CSX Corp. (NASDAQ:CSX) closed its last session at $55.15. The stock traded within a range of $53.13 and $55.23. The company operates in the Industrials sector with a market capitalization of 48.88 Million. Trading volume for CSX Corp. was 9.37 Million in its previous trading session. Currently, CSX Corp. (NASDAQ:CSX) has an average volume of 8.1 Million.

Company Profile

CSX Corporation is premier transportation company. The company provides rail, intermodal, and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. It includes traditional rail service and transport of intermodal containers and trailers. CSX celebrates a rich history from horse-driven rail cars to electric locomotives and has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. CSX Corporation’s unique combination of rail, container-shipping, intermodal and logistics services provides global reach that’s second to none. CSX is headquartered in Jacksonville, Florida.

Analyst Views

CSX Corp. (NASDAQ:CSX) received a Buy rating from 4 analysts. 0 analysts gave its stock an Outperform rating. 3 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

CSX Corp. (NASDAQ:CSX) touched its 1-Year High price of $60.04 on 01/16/18 and its 1-Year Low price of $45.41 on 03/21/17.

EPS & Financials

CSX Corp. (NASDAQ:CSX) reported its EPS in the last quarter as $0.64/Share beating the analyst estimate of $0.56/Share by a difference of $0.08. This showed a surprise of 14.3% in the last quarter earnings.

For the current quarter, 23 analysts are projecting a mean EPS of $0.69/share. According to their observations and findings, the stock could provide a high EPS of $0.77/share and a low EPS of $0.62/share.

Analysts believe that the company has the potential to earn average revenue of $2.87 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.92 Billion and 2.8 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. CSX Corp. (NASDAQ:CSX) has a 20-Day average volume of 7.84 Million. According to today’s trading volume CSX Corp. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.1 Percent and Institutional ownership of 72.2 Percent. The return on assets stands at 15.3%, Return on Equity currently is 44.8% and the Return on Investment value is 22.6%.

CSX Corp. (NASDAQ:CSX) gross margin percentage stands at 61.4% while its operating margin for the past trailing twelve month is 32.1 percent and its overall profit margin (ttm) is 48 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -0.5% with a 50-Day Simple Moving Average of -1.58 percent. As of today, the company has a SMA200 (200-day simple moving average) of 4.07 Percent. The Stock has YTD (year to date) performance of 0.25 percent.

The TTM operating margin for the company stands at 32.1%. The return on invested capital is at 22.6%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 67.52.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 4.07%, and has a solid year to date (YTD) performance of 0.25% which means that the stock is constantly adding to its value from the previous fiscal year end price.