This summary was created by AI, based on 1 opinions in the last 12 months.
CSX Corp has garnered attention from analysts for its potential benefit from anticipated US tax cuts and a robust economy, with expectations set for a 6-8% growth. Over the past decade, the company has taken strategic steps to enhance shareholder value by reducing its share count by 34%, which, coupled with an increase in dividends, signals a commitment to returning capital to shareholders. The bullish outlook is reflected in the analysts' price target of $38.59, suggesting confidence in CSX Corp's continued performance. With the current economic landscape favoring transportation and logistics sectors, CSX appears well-positioned to capitalize on these dynamics, making a compelling case for investment in this rail enterprise.
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.
Run by a great CEO. The company is becoming more customer-oriented. He targets $40.
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)
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.
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
In the last year, there was no coverage of CSX Corp published on Stockchase.
CSX Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for CSX Corp.
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0 stock analysts on Stockchase covered CSX Corp In the last year. It is a trending stock that is worth watching.
On 2025-02-18, CSX Corp (CSX-Q) stock closed at a price of $33.64.
Will benefit 6-8% from US tax cuts to come and a strong US economy. CSX reduced their share count by 34% in the last 10 years, while dividends have risen.
(Analysts’ price target is $38.59)