CSX Corp (NASDAQ: CSX) on Friday, soared 0.85% from the previous trading day, before settling in for the closing price of $31.58. Within the past 52 weeks, CSX’s price has moved between $31.56 and $40.12.
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A company in the Industrials sector has jumped its sales by 4.34% annually for the last half of the decade. The company achieved an average annual earnings per share of -0.43%. With a float of $1.93 billion, this company’s outstanding shares have now reached $1.93 billion.
In an organization with 23000 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Railroads industry stocks is more important than anything else. The insider ownership of CSX Corp is 0.17%, while institutional ownership is 75.28%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -0.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.70% during the next five years compared to 7.59% growth over the previous five years of trading.
CSX Corp (NASDAQ: CSX) Trading Performance Indicators
CSX Corp (CSX) is currently performing well based on its current performance indicators. A quick ratio of 1.23 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.22. Likewise, its price to free cash flow for the trailing twelve months is 20.81.
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 2.02 in one year’s time.
Technical Analysis of CSX Corp (CSX)
Let’s dig in a bit further. During the last 5-days, its volume was 14.44 million. That was better than the volume of 11.7 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 5.30%. Additionally, its Average True Range was 0.70.
During the past 100 days, CSX Corp’s (CSX) raw stochastic average was set at 7.41%, which indicates a significant decrease from 8.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.71% in the past 14 days, which was lower than the 26.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.54, while its 200-day Moving Average is $34.36. However, in the short run, CSX Corp’s stock first resistance to watch stands at $32.22. Second resistance stands at $32.60. The third major resistance level sits at $32.99. If the price goes on to break the first support level at $31.45, it is likely to go to the next support level at $31.06. The third support level lies at $30.68 if the price breaches the second support level.
CSX Corp (NASDAQ: CSX) Key Stats
Market capitalization of the company is 61.95 billion based on 1,928,419K outstanding shares. Right now, sales total 14,657 M and income totals 3,715 M. The company made 3,619 M in profit during its latest quarter, and 894,000 K in sales during its previous quarter.
