CSX Corporation (NASDAQ:CSX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

CSX Corporation (NASDAQ:CSX) has been assigned a consensus rating of “Moderate Buy” from the twenty-five ratings firms that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and nineteen have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $39.7708.

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. dropped their price target on shares of CSX from $43.00 to $41.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Evercore ISI cut their target price on CSX from $41.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Citigroup decreased their price target on CSX from $42.00 to $41.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. Morgan Stanley set a $30.00 price objective on CSX and gave the stock an “equal weight” rating in a research note on Monday, December 8th. Finally, Argus raised their price target on shares of CSX from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th.

CSX Stock Up 2.0%

Shares of CSX opened at $39.15 on Friday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.71 and a current ratio of 0.81. CSX has a 52 week low of $26.22 and a 52 week high of $39.45. The stock has a market capitalization of $72.90 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 1.95 and a beta of 1.30. The stock has a fifty day moving average of $36.42 and a 200-day moving average of $35.34.

CSX (NASDAQ:CSX) last posted its earnings results on Thursday, January 22nd. The transportation company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). CSX had a net margin of 20.50% and a return on equity of 23.88%. The firm had revenue of $3.51 billion during the quarter, compared to the consensus estimate of $3.59 billion. During the same quarter in the prior year, the business posted $0.42 earnings per share. CSX’s revenue for the quarter was down .9% compared to the same quarter last year. As a group, sell-side analysts anticipate that CSX will post 1.83 earnings per share for the current fiscal year.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Analyst revises target higher — an outlet reports a raised price target to $42.50, which supports upside expectations and likely contributed to buying interest. Price Target Raised
• Positive Sentiment: Technical/market momentum — coverage noted CSX shares reached a 52‑week high, which can attract momentum buyers and ETFs tracking top performers. 52-Week High Report
• Neutral Sentiment: Executive changes announced — CSX disclosed retirements and appointments in its executive team; orderly transitions and a new HR chief were highlighted, which may be seen as routine corporate governance rather than disruptive. Leadership Changes Release HR Hire Retirement/Appointment Coverage
• Neutral Sentiment: Industry note — brief Class I updates mentioning CSX appeared in trade press; these are informational and unlikely to materially change fundamentals. Class I Briefs
• Neutral Sentiment: Short‑interest feed shows anomalous data (0 shares / NaN changes) on Feb. 2–3 — this appears to be a reporting error and provides no reliable signal about bearish positioning. (Multiple data entries flagged.)

Insider Transactions at CSX

In other news, CAO Diana B. Sorfleet sold 66,667 shares of the stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $37.48, for a total transaction of $2,498,679.16. Following the transaction, the chief accounting officer owned 170,777 shares of the company’s stock, valued at $6,400,721.96. This represents a 28.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.35% of the stock is currently owned by corporate insiders.

Institutional Trading of CSX

Several hedge funds have recently added to or reduced their stakes in CSX. Kingswood Wealth Advisors LLC grew its position in shares of CSX by 4.1% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 8,324 shares of the transportation company’s stock valued at $296,000 after purchasing an additional 331 shares in the last quarter. Moloney Securities Asset Management LLC grew its position in CSX by 2.7% during the third quarter. Moloney Securities Asset Management LLC now owns 13,048 shares of the transportation company’s stock worth $463,000 after buying an additional 339 shares in the last quarter. Stock Yards Bank & Trust Co. increased its stake in CSX by 0.9% in the 2nd quarter. Stock Yards Bank & Trust Co. now owns 45,558 shares of the transportation company’s stock worth $1,487,000 after acquiring an additional 400 shares during the last quarter. Gleason Group Inc. raised its holdings in shares of CSX by 19.1% in the 4th quarter. Gleason Group Inc. now owns 2,646 shares of the transportation company’s stock valued at $96,000 after acquiring an additional 425 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of CSX by 0.7% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 74,920 shares of the transportation company’s stock valued at $2,660,000 after acquiring an additional 510 shares during the last quarter. Institutional investors own 73.57% of the company’s stock.

About CSX

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.