CSX Corporation (NASDAQ:CSX) went down by -0.16% from its latest closing price compared to the recent 1-year high of $93.71. The company’s stock price has collected -0.74% of loss in the last five trading sessions. MarketWatch.com reported on 12/11/20 that CSX Corp. stock outperforms market on strong trading day
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 24.88 x from its present earnings ratio. Plus, the 36-month beta value for CSX is at 1.18. Opinions of the stock are interesting as 14 analysts out of 26 who provided ratings for CSX Corporation declared the stock was a “buy,” while 3 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $93.25, which is $3.7 above the current price. CSX currently public float of 763.92M and currently shorts hold a 1.02% ratio of that float. Today, the average trading volume of CSX was 4.14M shares.
CSX’s Market Performance
CSX stocks went down by -0.74% for the week, with a monthly drop of -2.17% and a quarterly performance of 17.06%, while its annual performance rate touched 23.14%. The volatility ratio for the week stands at 1.68% while the volatility levels for the past 30 days are set at 1.67% for CSX Corporation. The simple moving average for the period of the last 20 days is -1.43% for CSX stocks with a simple moving average of 21.97% for the last 200 days.
Analysts’ Opinion of CSX
Many brokerage firms have already submitted their reports for CSX stocks, with Morgan Stanley repeating the rating for CSX by listing it as a “Underweight.” The predicted price for CSX in the upcoming period, according to Morgan Stanley is $60 based on the research report published on December 10th of the current year 2020.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see CSX reach a price target of $89. The rating they have provided for CSX stocks is “Outperform” according to the report published on October 30th, 2020.
Cowen gave a rating of “Market Perform” to CSX, setting the target price at $84 in the report published on October 22nd of the current year.
CSX Trading at 3.12% 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 -4.43% of loss for the given period.
Volatility was left at 1.67%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares sank -2.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.56% upper at present.
During the last 5 trading sessions, CSX fell by -0.74%, which changed the moving average for the period of 200-days by +42.41% in comparison to the 20-day moving average, which settled at $90.72. In addition, CSX Corporation saw 23.76% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CSX starting from Goldman Nathan D, who sale 12,000 shares at the price of $87.23 back on Nov 05. After this action, Goldman Nathan D now owns 63,174 shares of CSX Corporation, valued at $1,046,760 using the latest closing price.
Wallace Mark Kenneth, the EVP – Sales & Marketing of CSX Corporation, sale 3,986 shares at $87.57 during a trade that took place back on Nov 05, which means that Wallace Mark Kenneth is holding 54,607 shares at $349,054 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 22.90, with 7.10 for asset returns.
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.
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.