CSX stock: buy or sell?

CSX stock price: $79.56 -1.11% At close on February 21st, 2020

Updated on:
February 21st, 2020

5

CSX decreased -1.11% to $79.56 after yesterday all time highs.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada.

Should I buy CSX stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 3 buy setups match with CSX stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MAYes

Is CSX stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for CSX stock for the last 30 days.

CSX stock analysis

Daily outlook

After marking all time highs on Thursday, CSX decreased -1.11% to $79.56.

CSX decreased -1.11% to $79.56 after yesterday all time highs. Since SMA100d and SMA200d crossed up on Tuesday, CSX price slid a -0.04%. Since price and SMA200d lines crossed up on December, CSX climbed $7.46 (10.35%). From a daily perspective, CSX is in a short term uptrend after plotting its last bottom ($77.31, on February/10) higher than the previous bottom, and its last top ($80.62, on Thursday) also over the previous top. Now trading in between its last bottom and last top CSX might consolidate in a plain range, waiting to break out over $80.62 or down under $77.31. On Thursday, CSX hit new all time highs, pushing higher previous ATH of $80.25 recorded on Wednesday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

CSX stock chart (daily)

Weekly outlook

CSX shares set new all time highs back again this week, setting highs to $80.62. Shares ended at $79.56 and remained stable -0.04% during the week.

Weekly chart tells us that price finally broke over the resistance at $73.58 and continued climbing. Early February, SMA20w and SMA40w crossed up triggering a rise of 4.22%. Since price and SMA40w lines crossed up early December, CSX climbed $8.29 (11.63%).

CSX stock chart (weekly)

CSX stock price history

CSX stock went public on November 3rd, 1980 with a price of $0.361. Since then, CSX stock surged a 22,000.00%, with an average of 564.10% per year. If you had invested $1,000 in CSX stock in 1980, it would worth $220,000.00 today.

1: Adjusted price after possible price splits or reverse-splits.

CSX stock historical price chart

CSX stock reached all-time highs on Thursday with a price of $80.62.

CSX stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price prediction for CSX stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when CSX published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will extend this review.
CSX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.63n/a
2017-Q32017-10-160.510.510.0%
2017-Q42018-01-160.560.6414.3%
2018-Q12018-04-170.660.7818.2%
2018-Q22018-07-170.861.0117.4%
2018-Q32018-10-160.941.0511.7%
2018-Q42019-01-161.011.010.0%
2019-Q12019-04-150.92n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, CSX annual sales rose a pretty good 7.38% to $12,250.00 million dollars from $11,408.00 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) collapsed a -20.95% to 27.01%.

CSX fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, CSX TTM sales up to March 2019 were $12,387.00 and income $3,448.00 M USD. When comparing this TTM figures with the last reported annuality, we can esteem CSX business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, inched a slightly fine 1.12%. Similarly, profit margin (net income/sales) remained stable at 27.01%.

CSX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$12,030 M-$1,870 M15.5%-
2014$12,669 M5.31%$1,927 M15.2%3.05%
2015$11,811 M-6.77%$1,968 M16.7%2.13%
2016$11,069 M-6.28%$1,714 M15.5%-12.91%
2017$11,408 M3.06%$5,471 M48.0%219.19%
2018$12,250 M7.38%$3,309 M27.0%-39.52%
TTM $12,387 M1.12%$3,448 M27.8%4.20%

Quarterly financial results

CSX reported $3,013.00 M in revenues for 2019-Q1, a -4.14% decline compared to previous quarter. Reported quarter income marked $834.00 million with a profit margin of 27.68%. Profit margin remained constant a 0.86% compared to previous quarter when profit margin was 26.82%. When comparing sales to same quarter last year, CSX sales marked a good growth and grew a 4.76%.
CSX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,930 M-$510 M17.4%-
2017-Q3$2,740 M-6.48%$459 M16.8%-10.00%
2017-Q4$2,863 M4.49%$4,140 M144.6%801.96%
2018-Q1$2,876 M0.45%$695 M24.2%-83.21%
2018-Q2$3,102 M7.86%$877 M28.3%26.19%
2018-Q3$3,129 M0.87%$894 M28.6%1.94%
2018-Q4$3,143 M0.45%$843 M26.8%-5.70%
2019-Q1$3,013 M-4.14%$834 M27.7%-1.07%

CSX ownership

When you are planning to invest in a company, it's worth to have a look its ownership structure.

CSX shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.16% of all shares.

In case of CSX stock, 76.52% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CSX stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

CSX
Market cap$61.9 B
Total shares777.6 M
Float shares772.8 M
  - Institutional holdings (%)76.5%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

CSX summary

Friday, February 21st, 2020
Open$79.89
Close$79.56
Day range$79.46 - $80.44
Previous close$80.45
Session gain-1.11%
Average true range$1.11
50d mov avg$75.35
100d mov avg$72.81
200d mov avg$72.43
Daily patternlt06a
Weekly pattern lb01c

CSX performance

To better understand CSX performance you must becnhmark its gains with other related stocks in same sector or industry. We compared CSX against in the following table:
Stock3m6m12m
CSX 13.22%23.98%10.01%

CSX competitors

Unfortunately, we could not find any public company that could be defined as CSX competitor. This doesn't mean CSX does not have any competitor in the market, it's just we could not detected it.

    Latest CSX stock news