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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

CSX Corp, with the symbol CSX-Q, reported a good quarter with stable volumes, up 1% year over year. The company's performance was driven by strong performance in the automotive, chemicals, and fertilizer sectors. While the revenues beat expectations, earnings were down 8% over the year. However, the company raised its guidance, indicating confidence in its future prospects. The CEO's customer-oriented approach has been well-received by experts, and the company is targeting a $40 valuation. Overall, CSX Corp's performance in the past quarter has been positive, with some concerns about the decline in earnings.

Consensus
Positive
Valuation
Fair Value
Similar
UnionPacific, UNP-Q
BUY
CSX Corp

Last week, they reported a good quarter with stable volumes, up 1% YOY, led by automotives, chemicals (up 5%) and fertilizer (4%). Revenues beat, but earnings were down 8% over the year. Also, they raised guidance.

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BUY
CSX Corp

Run by a great CEO. The company is becoming more customer-oriented. He targets $40.

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BUY
CSX Corp
This is an east coast railroad, and east coast ports will get more business (west coast ports are dysfunctional). They are minting money with coal shipping; Europe has de-nuclearized, so it needs other sources of energy. A long-term investment. Is down 16% this year, but has a lot of upside.
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BUY
CSX Corp
He started buying it today at $36 and it's pushing $37. Upside call is $37.50.
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PAST TOP PICK
CSX Corp
(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.
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BUY
CSX Corp

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.

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BUY
CSX Corp
Reports next week. The industrial cargo business is growing stronger. If this sells off in response to Union Pacific, then buy.
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BUY
CSX Corp
CSX just announced a huge share buyback program and a nice earnings beat. Impressive given that this is a smaller railroad.
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WAIT
CSX Corp
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.
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HOLD
CSX Corp

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.

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WATCH
CSX Corp
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.
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BUY
CSX Corp

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)

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SELL
CSX Corp

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.

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COMMENT
CSX Corp

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.

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CSX Corp(CSX-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

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, 2 stock analysts published opinions about CSX-Q. 2 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?

2 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 2024-04-15, CSX Corp (CSX-Q) stock closed at a price of $35.26.