CSX Corp

CSX-Q

NASDAQ:CSX

71.47
1.07 (1.52%)
The CSX Corporation is an American holding company focused on real estate and railways in North America, among other industries. The company was established in 1978 as part of the Chessie System and Seaboard Coast Line Industries merger.
More at Wikipedia

Analysis and Opinions about CSX-Q

Signal
Opinion
Expert
WAIT
WAIT
October 18, 2019
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.
CSX Corp (CSX-Q)
October 18, 2019
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.
John Zechner
Chairman, J. Zechner & Assoc
Price
$68.670
Owned
No
HOLD
HOLD
September 20, 2019

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.

CSX Corp (CSX-Q)
September 20, 2019

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.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$68.620
Owned
Unknown
WATCH
WATCH
August 22, 2019
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.
CSX Corp (CSX-Q)
August 22, 2019
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.
Gordon Reid
President, GoodReid Investment Counsel
Price
$64.620
Owned
Unknown
BUY
BUY
October 18, 2018

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)

CSX Corp (CSX-Q)
October 18, 2018

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)

Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$68.650
Owned
No
SELL
SELL
July 30, 2018

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 (CSX-Q)
July 30, 2018

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.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$70.290
Owned
Unknown
COMMENT
COMMENT
June 19, 2018

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.

CSX Corp (CSX-Q)
June 19, 2018

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.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$64.830
Owned
No
TOP PICK
TOP PICK
March 20, 2018

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$)

CSX Corp (CSX-Q)
March 20, 2018

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$)

Geoff Scott
Institutional Portfolio Manager, Cambridge Global Asset Management
Price
$56.970
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 31, 2018

(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.

CSX Corp (CSX-Q)
January 31, 2018

(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.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$56.770
Owned
Yes
DON'T BUY
DON'T BUY
January 30, 2018

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.

CSX Corp (CSX-Q)
January 30, 2018

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.

Gordon Reid
President, GoodReid Investment Counsel
Price
$56.860
Owned
No
COMMENT
COMMENT
December 27, 2017

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.

CSX Corp (CSX-Q)
December 27, 2017

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.

Geoff Scott
Institutional Portfolio Manager, Cambridge Global Asset Management
Price
$55.140
Owned
Yes
DON'T BUY
DON'T BUY
November 10, 2017

(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.

CSX Corp (CSX-Q)
November 10, 2017

(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.

Gordon Reid
President, GoodReid Investment Counsel
Price
$50.080
Owned
No
DON'T BUY
DON'T BUY
November 6, 2017

(Market Call Minute). For Hunter Harrison, 2 out of 3 isn't bad, and doesn't think he can do the same thing for this rail. The markets are already paying up for what he can do with this company. He would own Canadian Pacific (CP-T) instead, which is cheaper and still has a growth story.

CSX Corp (CSX-Q)
November 6, 2017

(Market Call Minute). For Hunter Harrison, 2 out of 3 isn't bad, and doesn't think he can do the same thing for this rail. The markets are already paying up for what he can do with this company. He would own Canadian Pacific (CP-T) instead, which is cheaper and still has a growth story.

John Zechner
Chairman, J. Zechner & Assoc
Price
$51.150
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
October 13, 2017

(A Top Pick Jan 27/17. Up 12%.) This is a Hunter Harrison story. He is turning the company around. The unions and clients were getting unhappy, and if he works his magic as he has done in the past, we should see continued upside from here. Still a Buy.

CSX Corp (CSX-Q)
October 13, 2017

(A Top Pick Jan 27/17. Up 12%.) This is a Hunter Harrison story. He is turning the company around. The unions and clients were getting unhappy, and if he works his magic as he has done in the past, we should see continued upside from here. Still a Buy.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$52.830
Owned
Yes
COMMENT
COMMENT
October 5, 2017

Hunter Harrison is certainly trying to bring his magic to the table, and this company has been moving up nicely. The stock is pretty much fully priced at the present time.

CSX Corp (CSX-Q)
October 5, 2017

Hunter Harrison is certainly trying to bring his magic to the table, and this company has been moving up nicely. The stock is pretty much fully priced at the present time.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$52.350
Owned
Unknown
DON'T BUY
DON'T BUY
August 17, 2017

Hunter Harrison is controversial because he comes in with very strong ideas on how to create efficiencies and get operating ratios down. The multiple on the stock, in anticipation of Hunter Harrison coming in, grew to the point where it was probably trading at a 70%-80% premium to the normal multiple. They did a reasonable job in bringing the operating ratio down. He likes areas that are a little less controversial, where people work in a conciliatory way. The company has some inherent difficulties, such as a fairly large coal portfolio. He would look at Union Pacific (UNP-N) instead.

CSX Corp (CSX-Q)
August 17, 2017

Hunter Harrison is controversial because he comes in with very strong ideas on how to create efficiencies and get operating ratios down. The multiple on the stock, in anticipation of Hunter Harrison coming in, grew to the point where it was probably trading at a 70%-80% premium to the normal multiple. They did a reasonable job in bringing the operating ratio down. He likes areas that are a little less controversial, where people work in a conciliatory way. The company has some inherent difficulties, such as a fairly large coal portfolio. He would look at Union Pacific (UNP-N) instead.

Gordon Reid
President, GoodReid Investment Counsel
Price
$48.880
Owned
No
BUY WEAKNESS
BUY WEAKNESS
August 10, 2017

There has been new management bought in to bring down operating ratios. He likes it and would let it pull back a little more before buying it. $45-$46 would be a better entry point. He likes the steady US economy.

CSX Corp (CSX-Q)
August 10, 2017

There has been new management bought in to bring down operating ratios. He likes it and would let it pull back a little more before buying it. $45-$46 would be a better entry point. He likes the steady US economy.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$49.840
Owned
No
COMMENT
COMMENT
August 9, 2017

Hunter Harrison came in and there has been a lot propping it up. Fundamentals have not fallen flat and the chart has come back a little, so it is not looking so bad. Going forward, the expectation is for a pretty reasonable 20X PE on top of a 15%-20% earnings growth. If transports continue to roll, this is going to be hit.

CSX Corp (CSX-Q)
August 9, 2017

Hunter Harrison came in and there has been a lot propping it up. Fundamentals have not fallen flat and the chart has come back a little, so it is not looking so bad. Going forward, the expectation is for a pretty reasonable 20X PE on top of a 15%-20% earnings growth. If transports continue to roll, this is going to be hit.

Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$50.700
Owned
Unknown
COMMENT
COMMENT
July 28, 2017

(Market Call Minute.) All the rails have gotten way too cheap. You could probably be buying them all, but his favourite is Canadian National (CNR-T) followed by Canadian Pacific (CP-T).

CSX Corp (CSX-Q)
July 28, 2017

(Market Call Minute.) All the rails have gotten way too cheap. You could probably be buying them all, but his favourite is Canadian National (CNR-T) followed by Canadian Pacific (CP-T).

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$49.990
Owned
Unknown
COMMENT
COMMENT
July 4, 2017

He loves this rail, just because it has done so well this year. “Operating ratios” is the buzzword in railways and this one had the most room to move to the average. Just in one quarter, Hunter Harrison has moved it more than they have been moved for a while. Expects the stock is going to go a bit higher.

CSX Corp (CSX-Q)
July 4, 2017

He loves this rail, just because it has done so well this year. “Operating ratios” is the buzzword in railways and this one had the most room to move to the average. Just in one quarter, Hunter Harrison has moved it more than they have been moved for a while. Expects the stock is going to go a bit higher.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$54.490
Owned
Yes
HOLD
HOLD
June 13, 2017

Hunter Harrison is the mastermind, the God of railroads, and he would never bet against him. CSX has to do a lot right to justify the current stock price, but the hedge fund that is involved thinks that if he gets it right, this is a $100 stock.

CSX Corp (CSX-Q)
June 13, 2017

Hunter Harrison is the mastermind, the God of railroads, and he would never bet against him. CSX has to do a lot right to justify the current stock price, but the hedge fund that is involved thinks that if he gets it right, this is a $100 stock.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$53.870
Owned
No
COMMENT
COMMENT
June 9, 2017

He likes the transports, which is one of the sectors that has lagged. There is a cloud on the group and that is an opportunity. You have to love those companies that already have the right-of-way that is so valuable. Hunter Harris has a wonderful track record, and you have to give him the benefit of the doubt.

CSX Corp (CSX-Q)
June 9, 2017

He likes the transports, which is one of the sectors that has lagged. There is a cloud on the group and that is an opportunity. You have to love those companies that already have the right-of-way that is so valuable. Hunter Harris has a wonderful track record, and you have to give him the benefit of the doubt.

David Dietze
Founder, Pres. & Chief Investment Strategist, Point View Wealth Management
Price
$53.050
Owned
Unknown
BUY
BUY
June 5, 2017

He likes rails. It is going to be a very cyclical sector. In transportation he prefers airlines as being a better value. He also likes companies shipping all these boxes from AMZN-Q.

CSX Corp (CSX-Q)
June 5, 2017

He likes rails. It is going to be a very cyclical sector. In transportation he prefers airlines as being a better value. He also likes companies shipping all these boxes from AMZN-Q.

Matthew McCall
President, Penn Financial Group
Price
$54.030
Owned
Unknown
DON'T BUY
DON'T BUY
May 19, 2017

This has run up so much that he wouldn’t go near it. If you want to play the rails or the transports, he would look at Kansas City Southern (KSU-N) which has been held back by the fears of a wall for Mexico. You could look at maybe the truck stocks or airlines. Feels there is better value elsewhere.

CSX Corp (CSX-Q)
May 19, 2017

This has run up so much that he wouldn’t go near it. If you want to play the rails or the transports, he would look at Kansas City Southern (KSU-N) which has been held back by the fears of a wall for Mexico. You could look at maybe the truck stocks or airlines. Feels there is better value elsewhere.

John Petrides
Managing Dir. & Portfolio Manager, Point View Wealth Management
Price
$50.380
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
May 5, 2017

(A Top Pick Jan 27/17. Up 10%.) If Hunter Harrison is able to continue his magic, this stock will have opportunities to move higher still. He would recommend viewers invest in a rail at this time.

CSX Corp (CSX-Q)
May 5, 2017

(A Top Pick Jan 27/17. Up 10%.) If Hunter Harrison is able to continue his magic, this stock will have opportunities to move higher still. He would recommend viewers invest in a rail at this time.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$52.500
Owned
Yes
COMMENT
COMMENT
May 2, 2017

Hunter Harris was with CN, and then went to CP. There is no question that from an operational standpoint, things improved, but he would argue from a pretty severe trough when all the rails were pretty distressed. He is a result oriented individual, but takes a short-term view using quarterly results. Prefers a longer-term individual.

CSX Corp (CSX-Q)
May 2, 2017

Hunter Harris was with CN, and then went to CP. There is no question that from an operational standpoint, things improved, but he would argue from a pretty severe trough when all the rails were pretty distressed. He is a result oriented individual, but takes a short-term view using quarterly results. Prefers a longer-term individual.

Gordon Reid
President, GoodReid Investment Counsel
Price
$51.490
Owned
Unknown
BUY
BUY
April 19, 2017

Hunter Harrison did it at Canadian National, and then Canadian Pacific, so he assumes he would do it with this railway also.

CSX Corp (CSX-Q)
April 19, 2017

Hunter Harrison did it at Canadian National, and then Canadian Pacific, so he assumes he would do it with this railway also.

Bruce Murray
CEO & Chief Investment Officer, The Murray Wealth Group
Price
$46.930
Owned
No
DON'T BUY
DON'T BUY
March 23, 2017

CP-T vs. CSX-N. [Caller already had CNR-T] One railroad is enough to own. CSX-Q has already moved since Hunter Harrison moved companies. Just hold on to CNR-T.

CSX Corp (CSX-Q)
March 23, 2017

CP-T vs. CSX-N. [Caller already had CNR-T] One railroad is enough to own. CSX-Q has already moved since Hunter Harrison moved companies. Just hold on to CNR-T.

Norman Levine
Managing Director, Portfolio Management Corp
Price
$46.110
Owned
Unknown
COMMENT
COMMENT
March 7, 2017

This is a pretty good railroad, but it has had a heck of a move, so it is hard to be super excited about adding new money to it. Expects Hunter Harrison will get the compensation package he is asking for.

CSX Corp (CSX-Q)
March 7, 2017

This is a pretty good railroad, but it has had a heck of a move, so it is hard to be super excited about adding new money to it. Expects Hunter Harrison will get the compensation package he is asking for.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$48.440
Owned
Unknown
COMMENT
COMMENT
February 14, 2017

He likes the US stock market right now and the sectors that are economically sensitive. Transports are very economically sensitive. This one has been a remarkable performer in this market. Part of this is that there is some expectation that Hunter Harrison is going to get his hands on this and try to work his magic. Because of this, the stock has really responded incredibly well over the last 6 weeks, and is a bit extended now.

CSX Corp (CSX-Q)
February 14, 2017

He likes the US stock market right now and the sectors that are economically sensitive. Transports are very economically sensitive. This one has been a remarkable performer in this market. Part of this is that there is some expectation that Hunter Harrison is going to get his hands on this and try to work his magic. Because of this, the stock has really responded incredibly well over the last 6 weeks, and is a bit extended now.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$48.000
Owned
Unknown
WAIT
WAIT
February 8, 2017

He likes transports generally. Hunter Harrison is rumoured to be stepping in to this company. Better economic growth is going to be good for rails. You may want to give this a little time to cool off before entering.

CSX Corp (CSX-Q)
February 8, 2017

He likes transports generally. Hunter Harrison is rumoured to be stepping in to this company. Better economic growth is going to be good for rails. You may want to give this a little time to cool off before entering.

Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$47.960
Owned
Unknown
Showing 1 to 30 of 138 entries