On Monday, CSX Corp. (NASDAQ: CSX) opened lower -2.44% from the last session, before settling in for the closing price of $34.49. Price fluctuations for CSX have ranged from $29.03 to $40.12 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Industrials sector company grew by 4.34% over the past five years. Company’s average yearly earnings per share was noted 3.86% at the time writing. With a float of $1.94 billion, this company’s outstanding shares have now reached $1.96 billion.
Let’s look at the performance matrix of the company that is accounted for 23000 employees. In terms of profitability, gross margin is 36.8%, operating margin of 36.85%, and the pretax margin is 32.3%.
CSX Corp. (CSX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Railroads industry is another important factor to consider. The insider ownership of CSX Corp. is 0.15%, while institutional ownership is 75.14%. The most recent insider transaction that took place on Feb 20 ’24, was worth 8,953,114. In this transaction EVP & CLO of this company sold 244,487 shares at a rate of $36.62, taking the stock ownership to the 251,579 shares. Before that another transaction happened on Feb 07 ’24, when Company’s EVP & CAO sold 37,087 for $37.17, making the entire transaction worth $1,378,524. This insider now owns 215,226 shares in total.
CSX Corp. (CSX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 3.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.33% during the next five years compared to 7.59% growth over the previous five years of trading.
CSX Corp. (NASDAQ: CSX) Trading Performance Indicators
Check out the current performance indicators for CSX Corp. (CSX). In the past quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.46. Likewise, its price to free cash flow for the trailing twelve months is 22.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.82, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.13 in one year’s time.
Technical Analysis of CSX Corp. (CSX)
CSX Corp. (NASDAQ: CSX) saw its 5-day average volume 10.58 million, a negative change from its year-to-date volume of 11.54 million. As of the previous 9 days, the stock’s Stochastic %D was 38.93%. Additionally, its Average True Range was 0.74.
During the past 100 days, CSX Corp.’s (CSX) raw stochastic average was set at 49.10%, which indicates a significant increase from 11.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.52% in the past 14 days, which was higher than the 20.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.96, while its 200-day Moving Average is $34.75. Nevertheless, the first resistance level for the watch stands at $34.10 in the near term. At $34.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.84. If the price goes on to break the first support level at $33.36, it is likely to go to the next support level at $33.08. The third support level lies at $32.62 if the price breaches the second support level.
CSX Corp. (NASDAQ: CSX) Key Stats
There are currently 1,954,927K shares outstanding in the company with a market cap of 65.24 billion. Presently, the company’s annual sales total 14,657 M according to its annual income of 3,715 M. Last quarter, the company’s sales amounted to 3,701 M and its income totaled 963,000 K.
