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In the latest session, CSX Corp. (NASDAQ: CSX) closed at $33.64 down -2.52% from its previous closing price of $34.51. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 10.93 million shares were traded. CSX stock price reached its highest trading level at $34.31 during the session, while it also had its lowest trading level at $33.61.
Ratios:
For a deeper understanding of CSX Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.46.
On June 07, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $35.
On April 08, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $40.Jefferies initiated its Hold rating on April 08, 2024, with a $40 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 20 ’24 when Goldman Nathan D sold 244,487 shares for $36.62 per share. The transaction valued at 8,953,114 led to the insider holds 251,579 shares of the business.
Sorfleet Diana B sold 37,087 shares of CSX for $1,378,524 on Feb 07 ’24. The EVP & CAO now owns 215,226 shares after completing the transaction at $37.17 per share. On Feb 06 ’24, another insider, Boone Kevin S., who serves as the EVP & CCO of the company, sold 60,000 shares for $37.10 each. As a result, the insider received 2,226,000 and left with 170,757 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CSX now has a Market Capitalization of 67464683520 and an Enterprise Value of 83416752128. As of this moment, CSX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.48, and their Forward P/E ratio for the next fiscal year is 15.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.49 while its Price-to-Book (P/B) ratio in mrq is 5.22. Its current Enterprise Value per Revenue stands at 5.701 whereas that against EBITDA is 11.693.
Stock Price History:
The Beta on a monthly basis for CSX is 1.20, which has changed by 0.02094078 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, CSX has reached a high of $40.12, while it has fallen to a 52-week low of $29.03. The 50-Day Moving Average of the stock is 0.37%, while the 200-Day Moving Average is calculated to be -1.37%.
Shares Statistics:
For the past three months, CSX has traded an average of 11.30M shares per day and 10105160 over the past ten days. A total of 1.96B shares are outstanding, with a floating share count of 1.95B. Insiders hold about 0.15% of the company’s shares, while institutions hold 75.04% stake in the company. Shares short for CSX as of 1719532800 were 32810389 with a Short Ratio of 2.90, compared to 1717113600 on 30805272. Therefore, it implies a Short% of Shares Outstanding of 32810389 and a Short% of Float of 1.68.
Dividends & Splits
According to the company, the forward annual dividend rate for CSX is 0.46, from 0.45 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013039699The stock’s 5-year Average Dividend Yield is 1.27. The current Payout Ratio is 23.84% for CSX, which recently paid a dividend on 2024-05-31 with an ex-dividend date of 1724976000. Stock splits for the company last occurred on 2021-06-29 when the company split stock in a 3:1 ratio.
