CSX (CSX) Expected to Announce Quarterly Earnings on Thursday

CSX (NASDAQ:CSXGet Free Report) is expected to be announcing its earnings results after the market closes on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.44 per share and revenue of $3,572,172.06 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

CSX Price Performance

Shares of NASDAQ CSX opened at $33.27 on Wednesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.23 and a current ratio of 1.39. CSX has a fifty-two week low of $31.43 and a fifty-two week high of $40.12. The stock has a market cap of $64.16 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 2.02 and a beta of 1.22. The stock has a fifty day moving average of $33.74 and a 200-day moving average of $33.95.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CSX. Susquehanna decreased their price target on CSX from $40.00 to $39.00 and set a “positive” rating on the stock in a research report on Wednesday, January 8th. Jefferies Financial Group raised shares of CSX from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Friday, January 10th. Evercore ISI cut their price target on shares of CSX from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Thursday, October 17th. Loop Capital decreased their price target on shares of CSX from $43.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, October 17th. Finally, Stifel Nicolaus lowered their price objective on CSX from $39.00 to $37.00 and set a “buy” rating on the stock in a research report on Thursday, October 17th. Six research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, CSX presently has a consensus rating of “Moderate Buy” and an average price target of $38.65.

Get Our Latest Analysis on CSX

CSX Company Profile

(Get Free Report)

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 also 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.

Further Reading

Earnings History for CSX (NASDAQ:CSX)

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