CSX Corporation (NASDAQ:CSX) rose 2.44% during previous trade. Raymond James issued rating on the stock of CSX Corporation (NASDAQ:CSX) in a research note issued to investors on Apr-21-17, the stock received “Upgrade” rating from Mkt Perform to Outperform. Additionally Stifel issued their verdict on the stock of the company, on record date of Apr-20-17 the stock was “Reiterated” as Hold from $47 to $50 besides that on Apr-20-17 CSX Corporation (NASDAQ:CSX) was “Reiterated” by FBR & Co. as Outperform from $48 to $54. Furthermore on Mar-15-17 the stock was “Upgraded” by Atlantic Equities from Neutral to Overweight.
CSX Corporation (NASDAQ:CSX) shares ended last trading session at the price of $50.77 whereas a number of traders indicating mean target price will hit $52.58 over the next twelve months, mean value of price target most recently revised on 04/21/17. CSX Corporation (NASDAQ:CSX)’s highest estimates of price target are $65 and low forecast is $35 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 8.50. However brokerage recommendations suggests an ABR of 1.59 based on calls of 22 experts, where 15 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 6 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.
CSX Corporation (NASDAQ:CSX) is expected to release the earnings of its current quarter on 7/12/17. The company is expected to release $0.43 EPS for current quarter according to 27 analysts whereas the company reported $0.37 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.35 and high estimate of $0.45. For the current year CSX Corporation (NASDAQ:CSX) has set to release EPS of $2.07 as per the sentiments of 29 analysts, however according to 30 analysts, the company expected to release $2.47 EPS for next year.
CSX Corporation (NASDAQ:CSX)’s average revenue estimates for the current quarter are $2.76B according to 20 number of analysts. However its lowest revenue estimates are $2.48B and highest revenue estimates are $2.82B. A year ago the company’s sales were $2.62B. Its yearly sales growth estimates are 5.40%. For the next quarter the company has anticipated average revenues of $2.876B, according to the sentiments of 20 analysts. For the current year the company has fixed $11.45B revenues, as per the opinion of 26 analysts. For the current year the company has low revenue estimates of $11.03B in contradiction of high revenue estimates of $11.77B. Whereas for the next year revenues are set at $11.94B by 26 analysts.
The stock exchanged hands 16.24M shares versus average trading capacity of 7.79M shares, while its shares’ total market worth is $47.99B along with 922.62M outstanding shares. CSX Corporation (NASDAQ:CSX) shares were trading -0.99% below from the 52-week high price mark of $51.28 and +111.82% above from the 52-week price bottom of $23.97. However the company observed 52 week high price on 04/20/17 and witnessed 52 week low price on 06/27/16. The company’s price sits 6.79% above from its 50-day moving average of $47.43 and 39.70% far from the stock’s 200-day moving average which is $40.49. CSX Corporation (NASDAQ:CSX)’s price to sales ratio for trailing twelve month stands at 4.25, whereas its price to book ratio for most recent quarter sits at 4.05. However the company’s price to cash per share for most recent quarter stands at 46.11.