CSX Corp (NASDAQ: CSX) is -3.32% lower on its value in year-to-date trading and has touched a low of $31.43 and a high of $38.61 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CSX stock was last observed hovering at around $31.93 in the last trading session, with the day’s loss setting it -0.73%.
Currently trading at $31.20, the stock is -4.07% and -4.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.35 million and changing -2.29% at the moment leaves the stock -7.29% off its SMA200. CSX registered -17.76% loss for a year compared to 6-month loss of -8.07%.
The stock witnessed a -5.08% gain in the last 1 month and extending the period to 3 months gives it a -14.71%, and is -2.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 1.71% over the month.
CSX Corp (CSX) has around 23000 employees, a market worth around $59.11B and $14.54B in sales. Current P/E ratio is 17.41 and Fwd P/E is 14.79. Profit margin for the company is 23.95%. Distance from 52-week low is -0.73% and -19.19% from its 52-week high. The company has generated returns on investments over the last 12 months (11.46%).
with sales reaching $3.54B over the same period.The EPS is expected to grow by 0.69% this year, but quarterly earnings will post 1.19% year-over-year. Quarterly sales are estimated to shrink -3.84% in year-over-year returns.
CSX Corp (CSX) Top Institutional Holders
The shares outstanding are 1.89B, and float is at 1.89B with Short Float at 1.36%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 175.03 million shares valued at $5.85 billion. The investor’s holdings represent 8.9392% of the CSX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 146.76 million shares valued at $$4.91 billion to account for 7.4956 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 83.44 million shares representing 4.2923% and valued at over $2.79 billion, while STATE STREET CORP holds 4.2076 of the shares totaling 81.8 million with a market value of $2.74 billion.
CSX Corp (CSX) Insider Activity
A total of 0 insider transactions have happened at CSX Corp (CSX) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Goldman Nathan D,the company’sEVP & CLO. SEC filings show that Goldman Nathan D sold 118,588 shares of the company’s common stock on Nov 18 ’24 at a price of $35.39 per share for a total of $4.2 million. Following the sale, the insider now owns 0.2 million shares.
CSX Corp (CSX): Who are the competitors?
The company’s main competitors (and peers) include Union Pacific Corp. (UNP) that is trading -3.78% down over the past 12 months. Core Natural Resources Inc. (CNR) that is -23.31% lower over the same period.
