Is CSX Corporation (CSX) a Keeper?

CSX Corporation (NASDAQ:CSX) went up by 0.45% from its latest closing price compared to the recent 1-year high of $81.40. The company’s stock price has collected -2.92% of loss in the last five trading sessions. Press Release reported on 09/21/20 that CSX Supports Rail Safety Week to Promote Public Safety near Railroad Tracks

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Is It Worth Investing in CSX Corporation (NASDAQ :CSX) Right Now?

CSX Corporation (NASDAQ:CSX) scored a price-to-earnings ratio above its average ratio, recording 20.95 x from its present earnings ratio. Plus, the 36-month beta value for CSX is at 1.13. Opinions of the stock are interesting as 11 analysts out of 27 who provided ratings for CSX Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 13 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $80.58, which is $2.46 above the current price. CSX currently public float of 764.20M and currently shorts hold a 0.79% ratio of that float. Today, the average trading volume of CSX was 3.63M shares.

CSX’s Market Performance

CSX stocks went down by -2.92% for the week, with a monthly jump of 5.13% and a quarterly performance of 12.24%, while its annual performance rate touched 13.17%. The volatility ratio for the week stands at 2.52% while the volatility levels for the past 30 days are set at 2.39% for CSX Corporation. The simple moving average for the period of the last 20 days is 0.99% for CSX stocks with a simple moving average of 11.20% for the last 200 days.

Analysts’ Opinion of CSX

Many brokerage firms have already submitted their reports for CSX stocks, with Stephens repeating the rating for CSX by listing it as a “Overweight.” The predicted price for CSX in the upcoming period, according to Stephens is $93 based on the research report published on August 31st of the current year 2020.

UBS, on the other hand, stated in their research note that they expect to see CSX reach a price target of $80, previously predicting the price at $63. The rating they have provided for CSX stocks is “Buy” according to the report published on May 20th, 2020.

Goldman gave a rating of “Buy” to CSX, setting the target price at $75 in the report published on April 08th of the current year.

CSX Trading at 4.96% from the 50-Day Moving Average

After a stumble in the market that brought CSX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.26% of loss for the given period.

Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +3.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.53% upper at present.

During the last 5 trading sessions, CSX fell by -2.92%, which changed the moving average for the period of 200-days by +10.30% in comparison to the 20-day moving average, which settled at $77.31. In addition, CSX Corporation saw 7.70% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CSX starting from Goldman Nathan D, who sale 25,000 shares at the price of $75.54 back on Aug 11. After this action, Goldman Nathan D now owns 75,174 shares of CSX Corporation, valued at $1,888,500 using the latest closing price.

Sorfleet Diana B, the EVP & CAO of CSX Corporation, sale 36,836 shares at $75.30 during a trade that took place back on Aug 11, which means that Sorfleet Diana B is holding 24,323 shares at $2,773,726 based on the most recent closing price.

Stock Fundamentals for CSX

Current profitability levels for the company are sitting at:

  • +39.75 for the present operating margin
  • +40.65 for the gross margin

The net margin for CSX Corporation stands at +27.90. The total capital return value is set at 16.95, while invested capital returns managed to touch 11.97. Equity return is now at value 24.30, with 7.50 for asset returns.

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Based on CSX Corporation (CSX), the company’s capital structure generated 141.69 points at debt to equity in total, while total debt to capital is 58.63. Total debt to assets is 43.18, with long-term debt to equity ratio resting at 139.15. Finally, the long-term debt to capital ratio is 57.57.

Currently, EBITDA for the company is 1.18B with total debt to EBITDA at 2.66. When we switch over and look at the enterprise to sales, we see a ratio of 6.08, with the company’s debt to enterprise value settled at 0.23. The receivables turnover for the company is 11.96 and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.52.

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