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.
A number of analysts gave price targets for CSX. The most optimistic analyst gave a price target of 65, which equates to a potential upside of 30.29 percent. The lowest price target was 44, implying potential capital losses of -11.81 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.88 percent, as compared to a month ago. 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 revised their estimates downwards. Over the same time period, 5 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of CSX to grow at a rate of 20.27 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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.
In the trailing 52-weeks, CSX hit 55.48 at the highest peak, while it's lowest trading point was 27.46. Today's price is 81.68 percent above the 52-week low, and 10.08 percent lower than its 52-week high. CSX has a P/E 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 stock has a market capitalization of $45.67 billion. CSX will post this quarters earnings in days, on 0000-00-00.