On Monday, CSX Corp (NASDAQ: CSX) opened lower -0.57% from the last session, before settling in for the closing price of $36.55. Price fluctuations for CSX have ranged from $31.72 to $40.12 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 4.34% over the past five years. Company’s average yearly earnings per share was noted -0.08% at the time writing. With a float of $1.93 billion, this company’s outstanding shares have now reached $1.93 billion.
Let’s look at the performance matrix of the company that is accounted for 23000 employees. In terms of profitability, gross margin is 37.14%, operating margin of 37.14%, and the pretax margin is 32.59%.
CSX Corp (CSX) Insider Updates
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 75.25%. The most recent insider transaction that took place on Nov 18 ’24, was worth 4,197,315. In this transaction EVP & CLO of this company sold 118,588 shares at a rate of $35.39, taking the stock ownership to the 202,991 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 118,588 for $35.40, making the entire transaction worth $4,198,010.
CSX Corp (CSX) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.45 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.44) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.91% 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 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.77. Likewise, its price to free cash flow for the trailing twelve months is 23.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.86, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 2.03 in one year’s time.
Technical Analysis of CSX Corp (CSX)
CSX Corp (NASDAQ: CSX) saw its 5-day average volume 9.43 million, a negative change from its year-to-date volume of 11.64 million. As of the previous 9 days, the stock’s Stochastic %D was 83.20%. Additionally, its Average True Range was 0.72.
During the past 100 days, CSX Corp’s (CSX) raw stochastic average was set at 84.74%, which indicates a significant increase from 77.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.43% in the past 14 days, which was lower than the 26.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.70, while its 200-day Moving Average is $34.66. Nevertheless, the first resistance level for the watch stands at $36.66 in the near term. At $36.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.42. If the price goes on to break the first support level at $35.91, it is likely to go to the next support level at $35.47. Assuming the price breaks the second support level, the third support level stands at $35.15.
CSX Corp (NASDAQ: CSX) Key Stats
There are currently 1,928,419K shares outstanding in the company with a market cap of 70.02 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 3,619 M and its income totaled 894,000 K.
