Analyst Ratings for CSX Corp. (CSX)Updated: 2017-07-28
An average rating of Overweight has been given to CSX Corp. (NASDAQ:CSX) by analysts covering the stock. About 30 days ago, CSX was issued an average rating of Overweight.
Of the 30 analysts covering the stock, 18 gave it a buy rating, 4 gave an overweight rating, 8 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for CSX by the analysts covering the stock. The most optimistic price target was 65, which equates to a potential upside of 30.29 percent. The most pessimistic analyst gave a price target of 44, implying potential capital losses of -11.81 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.39 percent on average, compared to last month. That number becomes -2.56 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.88 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.32 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 9 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
CSX has an estimated earnings growth rate of 20.27 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. CSX has a PEG ratio of 1.29.
CSX has traded between a high of 55.48 and a low of 27.46 over the past year. Today's price is 81.68 percent above the 52-week low, and 10.08 percent below the high. CSX has a price/earnings ratio of 26.05. Investors typically compare the P/E ratio to a company's peers in the industry. The CSX value stock report compares CSX to some of its peers using value stock charts. The market cap of CSX is $45.67 billion. CSX will post this quarters earnings in days, on 0000-00-00.