Best Known Analyst's Ratings: AT&T, Inc. (NYSE:T), CSX Corp. (NASDAQ:CSX)
Jan 18 2017 by Johnny Bowman
When it comes to the Analysis of a Stock, Price Target plays a vital role. CSX Corporation has a 52 week low of $21.33 and a 52 week high of $38.82. The company had Year Ago Sales of 2.78 Billion. Detailed results are scheduled to be out on Jan 17. Analysts' estimates typically exclude special items. "Moreover the company's recent announcement on customer investments valued at $9.5 billion for expanding and building new facilities is a positive sign".
CSX Corp.'s growth estimate for the current quarter is 2.1, and 13.5 percent for the next quarter. Aegis assumed coverage on CSX Corporation in a research note on Monday, October 24th. They set a "buy" rating and a $36.00 price objective on the stock. The rating firm issued a Buy rating to this company in a research note released on Nov 02, 2016. The share price of the stock surged 18.15% for the year. They noted that the move was a valuation call. And a quick view of analyst notes show that 6 are rating the stock a buy while 7 rate CSX a strong buy. Following the transaction, the President is left with a stake of 1055.43 shares, now valued at $40951. 11,126,675 shares of the stock traded hands.
CSX Corporation (NASDAQ:CSX) have shown a high EPS growth of 8.10% in the last 5 years and has earnings growth of -6.50% yoy.
Moving ahead, CSX continues to expect 2016 full-year earnings to decline, reflecting the ongoing transition in the energy markets, along with the impact of the strong US dollar and low commodity price. If you are reading this story on another domain, it was stolen and republished in violation of United States & global copyright & trademark legislation.
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09/13/2016 - CSX Corporation was upgraded to "outperform" by analysts at Wolfe Research. These holdings make up 78.31% of the company's outstanding shares. The shares were sold at an average price of $32.00, for a total value of $500,000.00. The disclosure for this sale can be found here. Company insiders own 0.36% of the company's stock. American Century Companies Inc. boosted its stake in shares of CSX Corporation by 20.9% in the second quarter. Brick & Kyle Associates now owns 4,000 shares of the company's stock worth $104,000 after buying an additional 300 shares in the last quarter.
10/25/2016 - CSX Corporation had its "market perform" rating reiterated by analysts at Sanford C. Bernstein. The stock's market capitalization is 36.34B, it has a 52-week low of 21.33 and a 52-week high of 38.82. The stock's closing price was $27.89 with the gain of 4.42% in its share price on the day following the earning announcement.
Railroad operator CSX Corp. BlackRock Fund Advisors now owns 10,835,371 shares of the company's stock valued at $282,586,000 after buying an additional 156,444 shares during the period.
Rail companies in general and Eastern-focused ones like CSX in particular were hard hit in 2016, with a decline in coal shipments leading to the worst industry year since the 2009 recession in terms of volumes. The Company provides rail-based transportation services, including rail service and the transport of intermodal containers and trailers.