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.
Investment analysts gave a few price targets for CSX. The most optimistic price target was 65, implying potential capital gains of 30.29 percent. The most pessimistic analyst gave a price target of 44, implying a possible loss 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.39 percent. 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.
The growth rate of CSX's earnings is estimated by analysts to be 20.27 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. 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 below the high by 10.08 percent. 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 stock has a market capitalization of $45.67 billion. CSX's next earnings release will be on 0000-00-00, which is days away.