CSX Corporation which can be found using ticker (CSX) now have 26 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 39 and 24 with the average target price sitting at $34.21. Given that the stocks previous close was at $30.02 this is indicating there is a potential upside of 14.0%. The 50 day MA is $30.28 and the 200 day MA is $30.57. The market cap for the company is $61,432m. Company Website: https://www.csx.com
The potential market cap would be $70,007m based on the market consensus.
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. The company also offers intermodal transportation services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,600 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.
The company has a dividend yield of 1.47% with the ex dividend date set at 27-2-2023 (DMY).
Other points of data to note are a P/E ratio of 15.38, revenue per share of 6.95 and a 8.93% return on assets.
