1 week Ago By ABMN Staff
Shares of CSX Co. ( NASDAQ:CSX – Get Free Report ) have been assigned a consensus rating of “Moderate Buy” from the twenty research firms that are covering the stock, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company.
The average 1-year price target among brokers that have covered the stock in the last year is $36.20. Several research analysts have weighed in on CSX shares.
Loop Capital lowered CSX from a “buy” rating to a “hold” rating and lowered their price target for the stock from $40.00 to $34.00 in a research report on Monday, February 3rd.
Robert W. Baird lowered their price target on shares of CSX from $39.00 to $38.
00 and set an “outperform” rating on the stock in a report on Friday, January 24th. UBS Group dropped their target price on CSX from $39.00 to $36.
00 and set a “buy” rating for the company in a report on Wednesday, April 2nd. Stephens reaffirmed an “overweight” rating and set a $38.00 target price on shares of CSX in a report on Friday, January 24th.
Finally, BMO Capital Markets lowered their price objective on CSX from $40.00 to $38.00 and set an “outperform” rating on the stock in a research note on Friday, January 24th.
Get Our Latest Stock Report on CSX Institutional Trading of CSX CSX Price Performance NASDAQ CSX opened at $27.09 on Friday. CSX has a 52-week low of $26.
22 and a 52-week high of $37.10. The company has a debt-to-equity ratio of 1.
43, a quick ratio of 1.23 and a current ratio of 0.86.
The business has a 50 day simple moving average of $31.19 and a 200 day simple moving average of $32.97.
The stock has a market cap of $51.06 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 1.
92 and a beta of 1.23. CSX ( NASDAQ:CSX – Get Free Report ) last announced its earnings results on Thursday, January 23rd.
The transportation company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.
02). CSX had a net margin of 23.95% and a return on equity of 28.
15%. Analysts anticipate that CSX will post 1.83 earnings per share for the current fiscal year.
CSX Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.13 dividend.
This represents a $0.52 dividend on an annualized basis and a yield of 1.92%.
This is a boost from CSX’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, February 28th.
CSX’s dividend payout ratio (DPR) is presently 29.05%. CSX Company Profile ( Get Free Report CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services.
The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. Recommended Stories Receive News & Ratings for CSX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSX and related companies with MarketBeat.
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