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After finishing at $34.72 in the prior trading day, CSX Corp. (NASDAQ: CSX) closed at $33.67, down -3.02%. In other words, the price has decreased by -$3.02 from its previous closing price. On the day, 23.75 million shares were traded. CSX stock price reached its highest trading level at $34.43 during the session, while it also had its lowest trading level at $33.4149.
Ratios:
Our goal is to gain a better understanding of CSX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.80. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on April 08, 2024, initiated with a Hold rating and assigned the stock a target price of $40.
On January 25, 2024, TD Cowen reiterated its Market Perform rating and also lowered its target price recommendation from $32 to $36.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 65822490624 and an Enterprise Value of 83475398656. As of this moment, CSX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.50, and their Forward P/E ratio for the next fiscal year is 15.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.50 while its Price-to-Book (P/B) ratio in mrq is 5.23. Its current Enterprise Value per Revenue stands at 5.705 whereas that against EBITDA is 11.701.
Stock Price History:
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 -8.47%, while the 200-Day Moving Average is calculated to be 0.56%.
Shares Statistics:
The stock has traded on average 12.71M shares per day over the past 3-months and 17562550 shares per day over the last 10 days, according to various share statistics. 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 75.34% stake in the company. Shares short for CSX as of 1711584000 were 25090847 with a Short Ratio of 1.97, compared to 1709164800 on 21952769. Therefore, it implies a Short% of Shares Outstanding of 25090847 and a Short% of Float of 1.28.
Dividends & Splits
In the trailing 12 months, CSX’s forward annual dividend rate was 0.45, compared to 0.45 this year. Against a Trailing Annual Dividend Yield of 0.012960829The stock’s 5-year Average Dividend Yield is 1.26.
