CSX Corp (NASDAQ: CSX) is -17.29% lower on its value in year-to-date trading and has touched a low of $26.22 and a high of $37.10 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 $27.09 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $26.69, the stock is -8.74% and -14.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 22.18 million and changing -1.48% at the moment leaves the stock -19.60% off its SMA200. CSX registered -26.47% loss for a year compared to 6-month loss of -22.62%. The firm has a 50-day simple moving average (SMA 50) of $31.0516 and a 200-day simple moving average (SMA200) of $33.19805.
The stock witnessed a -12.92% gain in the last 1 month and extending the period to 3 months gives it a -16.59%, and is -9.65% 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 4.40% over the week and 2.55% over the month.
CSX Corp (CSX) has around 23500 employees, a market worth around $50.30B and $14.54B in sales. Current P/E ratio is 14.89 and Fwd P/E is 13.01. Profit margin for the company is 23.95%. Distance from 52-week low is 1.80% and -28.06% from its 52-week high. The company has generated returns on investments over the last 12 months (11.28%).
with sales reaching $3.49B over the same period.The EPS is expected to shrink by -2.31% this year, but quarterly earnings will post 0.31% year-over-year. Quarterly sales are estimated to shrink -5.09% in year-over-year returns.
CSX Corp (CSX) Top Institutional Holders
2185.0 institutions hold shares in CSX Corp (CSX), with institutional investors hold 82.58% of the company’s shares. The shares outstanding are 1.90B, and float is at 1.88B with Short Float at 1.58%. Institutions hold 82.38% 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 7.5496 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).
