In Tuesday’s Wall Street session, CSX Corp (NASDAQ:CSX) shares traded at $30.26, down -0.23% from the previous session.
CSX stock price is now -5.80% away from the 50-day moving average and -9.64% away from the 200-day moving average. The market capitalization of the company currently stands at $57.33B.
With the price target of $34, Deutsche Bank recently initiated with Hold rating for CSX Corp (NASDAQ: CSX). On February 03, 2025, Loop Capital Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $40 to quote $34, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Fortune Stephen, EVP – CD&TO sold 1,500 shares of the company’s stock on Mar 04 ’25. The stock was sold for $47,115 at an average price of $31.41. Upon completion of the transaction, the EVP – CD&TO now directly owns 83,939 shares in the company, valued at $2.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 18 ’24, EVP & CLO Goldman Nathan D sold 118,588 shares of the business’s stock. A total of $4,197,315 was realized by selling the stock at an average price of $35.39. This leaves the insider owning 202,991 shares of the company worth $6.14 million. A total of 0.19% of the company’s stock is owned by insiders.
During the past 12 months, CSX Corp has had a low of $28.98 and a high of $38.03. As of last week, the company has a debt-to-equity ratio of 1.52, a current ratio of 0.86, and a quick ratio of 0.73. According to the stock market information, the enterprise value for the company is $75516100608, which is based on a 16.89 price-to-earnings ratio, a 2.26 price-to-earnings-growth ratio, and a beta of 1.22. The fifty day moving average price for CSX is $32.1234 and a two-hundred day moving average price translates $33.489 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 $3.54 billion for the quarter, compared to $3.68 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.83 percent.
