Advertising
Showing 1 to 15 of 142 entries
PAST TOP PICK
(A Top Pick Jun 22/21, Up 16.5%) Railroads are benefiting from the infrastructure and supply chain, because rails are the leading way to transport good. This is a positive. He sees 8% earnings growth. Still a buy.
Transportation
BUY

Really likes the rails, a cyclical group. CN, CP, CSX trade as a team. Transport is doing quite well, and the rails have a lot of leverage in their business models. Done a great job managing operating expenses.

Transportation
BUY
Reports next week. The industrial cargo business is growing stronger. If this sells off in response to Union Pacific, then buy.
Transportation
BUY
CSX just announced a huge share buyback program and a nice earnings beat. Impressive given that this is a smaller railroad.
Transportation
WAIT
They have started to bring down their operating costs. The low hanging fruit has been picked. It's hard to extract costs more without risking safety. Revenue is driven by economic activities that are slowing down.
Transportation
HOLD

He owns CNR-T over CP-T and CSX-Q in the US. CP-T is more grain and resource orientated -- East to West. CNR-T has more exposure to the US markets. He would hold if you own and wait for a pullback to buy more.

Transportation
WATCH
The rails are an interesting space because they are very much affected by the trade dispute with China. It has suffered a bit but then been brought back into a more reasonable valuation range. Revenues will probably drop one percent this year. He does not think it can keep going up. Let the trade issue resolve itself before stepping in.
Transportation
BUY

The CEO passed away. The railroad industry is bullish at the moment. Truckers are not allowed to drive 40 hours now. Trucking is becoming more expensive. Railroads are getting more market share and they continue to get more efficient. (Analysts’ price target is $81.09)

Transportation
SELL

The rails have been on a spectacular run in this cycle. This one started down at its book value and now is close to 5 times book value. The best days are behind it. If the economy ever has a setback this stock could go down substantially.

Transportation
COMMENT

Rails in general are benefiting from strong economy in North America, especially the US. All these companies have become more efficient, infrastructure plays. Trade wars are a risk. Generally, the rails are a good way to play North American economy.

Transportation
TOP PICK

They are continuing the plan that Hunter Harrison put in place to improve efficiency, drive down the operating ratio, and sell assets. Velocity is up 20% this year: trains are moving faster, which provides better service and increases capacity. CSX is improving its capital profile, with higher cash flow margins. He expects every dollar of revenue to convert to about 30 cents in the future from a historical level of 8 cents. There have been complaints from the customer (shipper) base as a result of all the cost cutting but if CSX keeps improving its operating metrics, the customers’ concerns will be resolved. (Analysts’ price target is 62.92$)

Transportation
PAST TOP PICK

(A Top Pick Jan 27/17. Up 20.1%.) There was a big upside when Hunter Harrison joined the firm. The secular story is really one of taking costs out of the company and making it more efficient. He expects the story to continue, and for the stock to continue to grind higher.

Transportation
DON'T BUY

Hunter Harrison was the CEO at the time of his passing. His approach was a very rigid, cost cutting, precision railroad, and to drive the Operating Ratio down as far as he possibly could. This was at the cost of good business. The OR right now is at about 65%, pretty low. It's not an easy railroad to run. It’s highly reliant on coal. Trading at about 21 or 22 times earnings. He would pass on this.

Transportation
COMMENT

Likes it very much. Had been under some pressure. CEO Hunter Harrison passed away a few weeks ago. Bought in and agreed with the transformation Hunter brought to CSX. The remaining executive team led by James Foote now are going to carry on the transformational plan.

Transportation
DON'T BUY

(Market Call Minute.) A very expensive railway. Hunter Harrison has taken over and they’ve built in a huge premium, which he doesn’t think is deserved. He would prefer Union Pacific which is better run and has a better valuation.

Transportation
Showing 1 to 15 of 142 entries

CSX Corp(CSX-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for CSX Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

CSX Corp(CSX-Q) Frequently Asked Questions

What is CSX Corp stock symbol?

CSX Corp is a American stock, trading under the symbol CSX-Q on the NASDAQ (CSX). It is usually referred to as NASDAQ:CSX or CSX-Q

Is CSX Corp a buy or a sell?

In the last year, 3 stock analysts published opinions about CSX-Q. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for CSX Corp.

Is CSX Corp a good investment or a top pick?

CSX Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for CSX Corp.

Why is CSX Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is CSX Corp worth watching?

3 stock analysts on Stockchase covered CSX Corp In the last year. It is a trending stock that is worth watching.

What is CSX Corp stock price?

On 2022-01-26, CSX Corp (CSX-Q) stock closed at a price of $33.65.