Will CSX Corp. (NASDAQ:CSX) beat analysts view?

Ceria Alfonso
Abril 17, 2018

The Ironwood Investment Counsel Llc holds 16,606 shares with $2.59 million value, down from 18,551 last quarter. Caledonia Investments Plc who had been investing in At&T Inc for a number of months, seems to be bullish on the $228.24 billion market cap company.

NASDAQ CSX traded up $0.82 during trading on Monday, reaching $56.41. A total of 4.95 Million shares exchanged at hands and its Average Volume is 6.88 Million. CSX Corporation (NYSE:CSX) has risen 18.37% since April 16, 2017 and is uptrending. The stock outperformed the S&P 500 by 6.82%.

Force Capital Management Llc decreased Csx Corp (CSX) stake by 35.46% reported in 2017Q4 SEC filing. Blue Ridge Capital Llc sold 218,172 shares as the company's stock rose 14.37% while stock markets declined. The overall volume in the last trading session was 2,710,261 shares. About 3.06M shares traded.

Csx Corporation (NASDAQ:CSX) noted a decrease of 15.34% in short interest. It has outperformed by 3.47% the S&P500.

Two analysts have rated the stock with a sell rating, six have given a hold rating and seventeen have issued a buy rating to the stock. Therefore 55% are positive. CSX Corporation had 112 analyst reports since August 13, 2015 according to SRatingsIntel. RBC Capital Markets maintained AT&T Inc. The stock has a market capitalization of $49,293.86, a PE ratio of 24.17, a price-to-earnings-growth ratio of 1.36 and a beta of 1.21. Finally, Scotiabank set a $63.00 price target on shares of CSX and gave the stock a "hold" rating in a research note on Friday, March 2nd. (NYSE:GWW) has "Hold" rating given on Thursday, March 22 by Susquehanna. The rating was upgraded by Avondale to "Market Outperform" on Friday, February 10. RBC Capital Markets has "Hold" rating and $4300 target. RBC Capital Markets maintained the stock with "Outperform" rating in Thursday, January 14 report. Investors of record on Thursday, March 1st were given a dividend of $0.22 per share. Its up 0.14, from 0.66 in 2017Q3. It is positive, as 66 investors sold CSX shares while 324 reduced holdings.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. The investment professionals in our database now have: 602.87 million shares, down from 612.12 million shares in 2017Q3. Wealthtrust Fairport Ltd Liability Com invested in 0.03% or 4,902 shares. Pub Employees Retirement Of Ohio invested in 594,299 shares or 0.16% of the stock. Cipher Cap LP accumulated 18,578 shares. Roof Eidam & Maycock Adv holds 17,600 shares. California-based Guardian Trust has invested 0.67% in CSX Corporation (NASDAQ:CSX). Gateway Invest Advisers Limited Liability invested in 0.33% or 714,218 shares. Northwestern Mutual Wealth reported 0.03% in CSX Corporation (NASDAQ:CSX). Horizon Kinetics Limited owns 6,880 shares for 0.01% of their portfolio. Arcadia Management Mi has invested 0.02% of its portfolio in CSX Corporation (NASDAQ:CSX). Boston Private Wealth Limited Liability Com reported 4,450 shares. The company has its outstanding shares of 907.64 Million. The New York-based Nbt Natl Bank N A Ny has invested 0.06% in CSX Corporation (NASDAQ:CSX). 1,200 are owned by Howland Cap Mngmt Ltd Liability. Texas Permanent School Fund accumulated 243,978 shares. New England Research & Management Inc. lifted its holdings in CSX by 3.5% in the 4th quarter.

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Investors sentiment increased to 0.91 in Q4 2017. Its down 0.09, from 0.88 in 2017Q3. LPL Financial LLC boosted its holdings in shares of CSX by 0.9% in the 4th quarter. 131 funds opened positions while 356 raised stakes. 177.79 million shares or 1.25% less from 180.04 million shares in 2017Q3 were reported. Keybank National Association Oh owns 297,906 shares. (NYSE:T) for 31,309 shares. Hbk Sorce Advisory reported 5,378 shares. Barrett Asset Management Lc holds 0.01% or 2,116 shares. (NYSE:PX). Loring Wolcott Coolidge Fiduciary Advisors Llp Ma has 34,612 shares for 0.1% of their portfolio. Pictet Asset Mngmt Ltd holds 0.04% of its portfolio in W.W. Grainger, Inc.

The Value Composite One (VC1) is a method that investors use to determine a stock's value. (NYSE:PX) for 957,806 shares. 174,065 are held by Wendell David Assocs.

Among 31 analysts covering CSX Corporation (NYSE:CSX), 19 have Buy rating, 3 Sell and 9 Hold.

Several analysts have recently issued reports on CSX shares. The firm earned "Buy" rating on Thursday, January 14 by BB&T Capital. On Tuesday, August 25 the stock rating was maintained by Deutsche Bank with "Sell". The firm earned "Outperform" rating on Wednesday, April 27 by Cowen & Co. The rating was initiated by Sterne Agee CRT on Friday, May 20 with "Buy". The firm has "Buy" rating by Citigroup given on Friday, October 2. As per Tuesday, February 13, the company rating was maintained by Bank of America. The rating was maintained by Barclays Capital on Monday, January 30 with "Overweight". The firm earned "Buy" rating on Monday, December 18 by J.P. Morgan. During the same quarter in the previous year, the business posted $0.49 EPS. CSX's profit will be $579.82 million for 21.06 P/E if the $0.66 EPS becomes a reality. After $1.14 actual EPS reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 9.65% EPS growth.

The stock now shows its YTD (Year to Date) performance of 1.05 percent, whereas its Weekly performance stands at 2.28%. Shares for $2.61M were sold by McLaughlin Edward Grunde on Tuesday, January 2.

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