In Friday’s Wall Street session, CSX Corp (NASDAQ:CSX) shares traded at $33.37, up 0.82% from the previous session.
CSX stock price is now 1.33% away from the 50-day moving average and -1.13% away from the 200-day moving average. The market capitalization of the company currently stands at $64.35B.
With the price target reduced from $40 to $34, Loop Capital Downgraded its rating from Buy to Hold for CSX Corp (NASDAQ: CSX). On January 10, 2025, Jefferies Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $37, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, Goldman Nathan D, EVP & CLO sold 118,588 shares of the company’s stock on Nov 18 ’24. The stock was sold for $4,197,315 at an average price of $35.39. Upon completion of the transaction, the EVP & CLO now directly owns 202,991 shares in the company, valued at $6.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 18 ’24, Officer Goldman Nathan D bought 118,588 shares of the business’s stock. A total of $4,198,010 was incurred on buying the stock at an average price of $35.40. A total of 0.18% of the company’s stock is owned by insiders.
During the past 12 months, CSX Corp has had a low of $31.43 and a high of $40.12. As of last week, the company has a debt-to-equity ratio of 1.48, a current ratio of 0.86, and a quick ratio of 1.23. According to the stock market information, the enterprise value for the company is $81601773568, which is based on a 18.62 price-to-earnings ratio, a 2.22 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for CSX is $32.9308 and a two-hundred day moving average price translates $33.75105 for the stock.
The latest earnings results from CSX Corp (NASDAQ: CSX) was released for 2024-12-31. The net profit margin was 23.95% and return on equity was 28.28% for CSX. The company reported revenue of $3.62 billion for the quarter, compared to $3.57 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.32 percent.
