Is CSX a good stock to buy now?
Out of 13 analysts, 5 (38.46%) are recommending CSX as a Strong Buy, 4 (30.77%) are recommending CSX as a Buy, 3 (23.08%) are recommending CSX as a Hold, 0 (0%) are recommending CSX as a Sell, and 1 (7.69%) are recommending CSX as a Strong Sell. What is CSX's earnings growth forecast for 2022-2024?
Why did CSX stock drop so much?
Shares of CSX tumbled Friday after the rail-based freight company posted fourth-quarter results that indicated higher operating costs.
Is CSX a good long term investment?
Earnings and sales are forecasted to increase 16.7% and 14.4% year-over-year, respectively. Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.03 to $1.82 per share. CSX boasts an average earnings surprise of 6.6%.
Is CSX stock overvalued?
PB vs Industry: CSX is overvalued based on its Price-To-Book Ratio (5.3x) compared to the US Transportation industry average (2x).
Will CSX split again?
The new shares will be distributed on June 28, 2021.
Should I sell my CSX stock?
There are currently 1 sell rating, 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSX stock.
Is CSX a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
Is railroad stock a good investment?
High profitability, a moat, stable businesses, a good return on capital and a focus on rewarding shareholders has pushed railroad stocks to extremely high levels.
What is the best railroad stock to buy?
Best Value Railroad StocksPrice ($)12-Month Trailing P/E RatioTrinity Industries Inc. (TRN)32.0917.4CSX Corp. (CSX)34.8920.8Norfolk Southern Corp. (NSC)269.8522.3
When did CSX last split?
CSX's 5th split took place on June 29, 2021. This was a 3 for 1 split, meaning for each share of CSX owned pre-split, the shareholder now owned 3 shares.
What railroads make up CSX?
CSX merger family treeCSX Transportation. CSX Corporation was formed on November 1, 1980. ... Conrail (Consolidated Rail Corporation) ... Richmond, Fredericksburg & Potomac Railroad. ... Pittsburgh & Lake Erie Railroad. ... Chessie System. ... Western Maryland Railway. ... Baltimore & Ohio Railroad. ... Chesapeake & Ohio Railway.More items...•