CSX Corp [CSX] Is Currently -0.74 below its 200 Period Moving Avg: What Does This Mean?

CSX Corp [NASDAQ: CSX] closed the trading session at $33.39.

The stocks have a year to date performance of -3.69 percent and weekly performance of 0.36 percent. The stock has been moved at -1.36 percent over the last six months. The stock has performed -2.14 percent around the most recent 30 days and changed 1.18 percent over the most recent 3-months.

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If compared to the average trading volume of 11.30M shares, CSX reached to a volume of 11062114 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about CSX Corp [CSX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CSX shares is $38.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CSX stock is a recommendation set at 1.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

TD Cowen have made an estimate for CSX Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 17, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Buy. The new note on the price target was released on October 09, 2024, representing the official price target for CSX Corp stock.

The Average True Range (ATR) for CSX Corp is set at 0.68, with the Price to Sales ratio for CSX stock in the period of the last 12 months amounting to 4.35. The Price to Book ratio for the last quarter was 4.98, with the Price to Cash per share for the same quarter was set at 0.87. Price to Free Cash Flow for CSX in the course of the last twelve months was 21.47 with Quick ratio for the last quarter at 1.23.

CSX stock trade performance evaluation

CSX Corp [CSX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.36. With this latest performance, CSX shares dropped by -2.14% in over the last four-week period, additionally sinking by -1.36% over the last 6 months – not to mention a rise of 12.92% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CSX stock in for the last two-week period is set at 44.88, with the RSI for the last a single of trading hit 43.29, and the three-weeks RSI is set at 46.19 for CSX Corp [CSX]. The present Moving Average for the last 50 days of trading for this stock 34.00, while it was recorded at 33.42 for the last single week of trading, and 34.69 for the last 200 days.

CSX Corp [CSX]: An insightful look at the core fundamentals

CSX Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.23 and a Current Ratio set at 1.39.

Earnings per share (EPS) analysis for CSX Corp [CSX] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CSX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CSX Corp go to 8.01%.

CSX Corp [CSX]: Institutional Ownership

There are presently around $78.57%, or 78.75%% of CSX stock, in the hands of institutional investors. The top three institutional holders of CSX stocks are: VANGUARD GROUP INC with ownership of 175.03 million shares, which is approximately 8.9392%. BLACKROCK INC., holding 146.76 million shares of the stock with an approximate value of $$4.91 billion in CSX stocks shares; and BLACKROCK INC., currently with $$2.79 billion in CSX stock with ownership which is approximately 4.2616%.

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