CSX stock: buy or sell?

CSX stock price: $56.86 3.66% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

2

CSX ended today at $56.86 and climbed a superb 3.66%. On March 24th CSX skyrocketed an amazing 14.13%.

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

Should I buy CSX stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. 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.

Currently, CSX stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CSX will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is CSX stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for CSX stock for the last month.

CSX stock analysis

Daily outlook

Shares of CSX ended today at $56.86 and climbed a superb 3.66%.

CSX shares climbed 3.66% to $56.86 today. Since March/5 when CSX stock price broke down the SMA200d line, it slid $-15.14 per share (-21.03%). For the last 44 days when SMA100d and SMA200d crossed up, CSX price slipped $-22.46 per share (-28.32%). CSX is retaking the upward trend marking a new rising bottom heading to break out over $60.57. On February 20th, CSX hit a new all time high, pushing higher than on February 19th tops. Check different trading setups that use ATHs as triggers.

CSX stock chart (daily)

Weekly outlook

After boosting a dazzling 11.41% in a week last week, CSX closed this week at $56.86 and inched a slightly good 1.01%. By mid March CSX plummed a frightening -16.18% in just one week.

Not so far away is the last all-time high CSX marked by mid February, but since then it dropped a 29.23%. Since late February, when CSX stock price broke down the 40-weeks moving avarage line, it slid $-22.43 per share (-28.29%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since early February when SMA20w and SMA40w crossed up, CSX price slipped $-19.22 per share (-25.26%).

CSX stock chart (weekly)

CSX stock price history

CSX IPO was on November 3rd, 1980 at $0.36 per share1. Since then, CSX stock surged a 15,694.40%, with a yearly average of 402.40%. If you had invested right after CSX's IPO a $1,000 in CSX stock in 1980, it would worth $156,944.00 today.

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

CSX stock historical price chart

CSX stock reached all-time highs on Feb 20th with a price of $80.34.

CSX stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. 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 posted its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
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

Compared to 2017, last anual revenues report draw a great increase of 7.38% to $12,250.00 M USD. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) collapsed a -20.95% to 27.01%.

To have an up to date picture of the financial situation of CSX, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual CSX TTM sales up to March 2019 were $12,387.00 and earnings were $3,448.00 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem CSX business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, grew a slightly good 1.12%. Regarding profit margin, CSX stayed stable 0.82% to 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 posted $3,013.00 M in revenues for 2019-Q1, a -4.14% decline compared to previous quarter. Reported quarter income marked $834.00 M with a profit margin of 27.68%. Profit margin stayed steady 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 nice growth and raised 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 buy shares of a company, it's always 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, 75.50% 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.

The following table compares ownership indicators for other stocks related to CSX:

CSX
Market cap$44.2 B
Total shares777.6 M
Float shares772.9 M
  - Institutional holdings (%)75.5%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

CSX summary

Thursday, April 2nd, 2020
Open$54.17
Close$56.86
Day range$53.63 - $57.12
Previous close$54.85
Session gain3.66%
Average true range$5.19
50d mov avg$68.19
100d mov avg$70.17
200d mov avg$70.01
Daily patternlb02a
Weekly pattern

CSX performance

To measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare CSX to :
Stock3m6m12m
CSX -21.72%-14.19%-22.54%

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