CSX Corp (NASDAQ: CSX) is -6.23% lower on its value in year-to-date trading and has touched a low of $28.98 and a high of $38.03 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 $30.33 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $30.26, the stock is -2.82% and -5.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.51 million and changing -0.23% at the moment leaves the stock -9.64% off its SMA200. CSX registered -18.28% loss for a year compared to 6-month loss of -9.73%. The firm has a 50-day simple moving average (SMA 50) of $32.1234 and a 200-day simple moving average (SMA200) of $33.489.
The stock witnessed a -9.32% gain in the last 1 month and extending the period to 3 months gives it a -10.15%, and is 2.51% up 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 2.06% over the week and 2.21% over the month.
CSX Corp (CSX) has around 23500 employees, a market worth around $57.33B and $14.54B in sales. Current P/E ratio is 16.89 and Fwd P/E is 14.43. Profit margin for the company is 23.95%. Distance from 52-week low is 4.42% and -20.43% from its 52-week high. The company has generated returns on investments over the last 12 months (11.28%).
The EPS is expected to shrink by -0.17% this year.
CSX Corp (CSX) Top Institutional Holders
2205.0 institutions hold shares in CSX Corp (CSX), with institutional investors hold 82.12% of the company’s shares. The shares outstanding are 1.90B, and float is at 1.89B with Short Float at 1.40%. Institutions hold 81.92% of the Float.
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
The most recent transaction is an insider sale by Fortune Stephen, the company’s EVP – CD&TO. SEC filings show that Fortune Stephen sold 1,500 shares of the company’s common stock on Mar 04 ’25 at a price of $31.41 per share for a total of $47115.0. Following the sale, the insider now owns 83939.0 shares.
CSX Corp disclosed in a document filed with the SEC on Nov 18 ’24 that Goldman Nathan D (EVP & CLO) sold a total of 118,588 shares of the company’s common stock. The trade occurred on Nov 18 ’24 and was made at $35.39 per share for $4.2 million. Following the transaction, the insider now directly holds 0.2 million shares of the CSX stock.
Still, SEC filings show that on Nov 18 ’24, Goldman Nathan D (Officer) Proposed Sale 118,588 shares at an average price of $35.40 for $4.2 million. The insider now directly holds shares of CSX Corp (CSX).
