CSX Corp (NASDAQ: CSX) has reported E.P.S. of $0.46 for its third fiscal quarter (ending September 30) versus $0.42 for the same period a year ago — an increase of 10%. Relative to the consensus estimate of $0.48, this was a shortfall of $-0.02. For the latest four quarters through September 30, E.P.S. were $1.85 versus $1.87 for the same period a year ago — a decline of -1%.
Recent Price Action
CSX Corp (NASDAQ: CSX) stock closed at $35.47 on 10/16/24 after a slight decline of -0.08%. Moreover, this decline was accompanied by unusually high trading volume at 171% of normal. The stock has risen 4.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CSX is expected to continue to be a major Value Builder.
CSX has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. CSX has a neutral Power Rating of 41 and a slightly negative Appreciation Score of 36, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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