CSX Corporation (NASDAQ:CSX) shares traded -2.44% down during most recent session to reach at the closing price of $76.77. The stock exchanged hands 4.92 Million shares versus average trading capacity of 4.28 Million shares, yielding a market cap of $62.49 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $81.88 within the next 52-weeks. The mean target projections are based on 21 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have CSX Corporation (NASDAQ:CSX) high price target of $93 and with a conservative view have low price target of $57.
“Maintained” CSX Corporation (NASDAQ:CSX) in a research note issued to investors on 4/17/19 to Market Perform with price target of $78.
Additionally on 4/17/19 “Maintained” CSX Corporation (NASDAQ:CSX) to Outperform setting price target at $93 and on 4/17/19 “Maintained” the stock to Underweight at $57. Furthermore on 4/17/19 “Maintained” the stock to Outperform at $84.
On the other hand the company has Relative Strength Index (RSI 14) of 45.54 along with Average True Range (ATR 14) of 1.5, Consequently CSX Corporation (NASDAQ:CSX)’s weekly and monthly volatility is 2.04%, 1.60% respectively. The company’s beta value is at 1.28.
In terms of Buy, Sell or Hold recommendations, CSX Corporation (NASDAQ:CSX) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts CSX Corporation (NASDAQ:CSX)’s minimum EPS for the current quarter is at $1.07 and can go high up to $1.18. The consensus mean EPS for the current quarter is at $1.13 derived from a total of 24 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.01 earnings per share for the same quarter during last year.
Previously CSX Corporation (NASDAQ:CSX) reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.11. The company posted an earnings surprise of 12.1%.
CSX Corporation (NASDAQ:CSX)’s revenue estimates for the current quarter are $3.2 Billion according to 17 number of analysts, for the current quarter the company has high revenue estimates of $3.25 Billion in contradiction of low revenue estimates of $3.1 Billion. For the current year the company’s revenue estimates are $12.6 Billion compared to low analyst estimates of $12.35 Billion and high estimates of $12.84 Billion according to 23 number of analysts.
Currently CSX Corporation (NASDAQ:CSX)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 78.4%. However the six-month change in the insider ownership was recorded -85.29%, as well as three-month change in the institutional ownership was recorded -0.89%.
CSX Corporation (NASDAQ:CSX)’s trailing twelve month revenues are $12.39 Billion, whereas its price to sales ratio for the same period is 5.04. Its book value per share for the most recent quarter is $15.27 while its price to book ratio for the same period is 5.03, as for as the company’s cash per share for the most recent quarter is $2.47, however its price to cash per share ratio for the same period is 31.09. The stock has 5 year expected PEG ratio of 1.61 whereas its trailing twelve month P/E ratio is 18.78.