Susquehanna Issues Positive Forecast for CSX (NASDAQ:CSX) Stock Price

CSX (NASDAQ:CSX) had its target price increased by Susquehanna from $34.00 to $38.00 in a research note published on Monday,MarketScreener reports. Susquehanna currently has a neutral rating on the transportation company’s stock.

Other equities research analysts have also issued research reports about the stock. Bank of America dropped their price objective on shares of CSX from $42.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft upped their target price on CSX from $40.00 to $43.00 and gave the company a “buy” rating in a report on Thursday, December 11th. UBS Group set a $45.00 price target on CSX and gave the stock a “buy” rating in a report on Friday, October 17th. Sanford C. Bernstein boosted their price objective on CSX from $36.00 to $37.00 and gave the company a “market perform” rating in a research report on Tuesday, September 30th. Finally, Evercore ISI upped their price objective on CSX from $39.00 to $41.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $39.13.

CSX Stock Performance

CSX stock traded up $0.12 during trading on Monday, hitting $36.30. 11,665,039 shares of the company’s stock traded hands, compared to its average volume of 14,970,884. The stock has a market capitalization of $67.60 billion, a price-to-earnings ratio of 23.73, a price-to-earnings-growth ratio of 2.81 and a beta of 1.30. CSX has a 52 week low of $26.22 and a 52 week high of $37.54. The stock has a fifty day moving average price of $35.74 and a two-hundred day moving average price of $34.99. The company has a quick ratio of 0.71, a current ratio of 0.85 and a debt-to-equity ratio of 1.45.

CSX (NASDAQ:CSX) last posted its quarterly earnings results on Thursday, October 16th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. CSX had a net margin of 20.55% and a return on equity of 24.95%. The company had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.60 billion. During the same period last year, the firm posted $0.45 EPS. The company’s revenue for the quarter was down .9% on a year-over-year basis. As a group, equities analysts anticipate that CSX will post 1.83 EPS for the current fiscal year.

Insider Activity at CSX

In other CSX news, EVP Kevin S. Boone sold 31,053 shares of CSX stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $36.09, for a total transaction of $1,120,702.77. Following the sale, the executive vice president owned 197,521 shares of the company’s stock, valued at $7,128,532.89. The trade was a 13.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Michael S. Burns sold 24,249 shares of the business’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $36.76, for a total value of $891,393.24. Following the transaction, the senior vice president owned 51,640 shares of the company’s stock, valued at $1,898,286.40. This trade represents a 31.95% decrease in their position. The SEC filing for this sale provides additional information. 0.55% of the stock is owned by insiders.

Hedge Funds Weigh In On CSX

A number of institutional investors and hedge funds have recently bought and sold shares of CSX. Brighton Jones LLC raised its position in shares of CSX by 5.5% during the 4th quarter. Brighton Jones LLC now owns 16,254 shares of the transportation company’s stock worth $525,000 after buying an additional 849 shares in the last quarter. Miller Howard Investments Inc. NY increased its stake in shares of CSX by 8.4% during the second quarter. Miller Howard Investments Inc. NY now owns 204,640 shares of the transportation company’s stock valued at $6,677,000 after acquiring an additional 15,939 shares during the period. Farther Finance Advisors LLC raised its holdings in CSX by 89.0% during the second quarter. Farther Finance Advisors LLC now owns 26,745 shares of the transportation company’s stock worth $873,000 after purchasing an additional 12,591 shares in the last quarter. GAMMA Investing LLC lifted its position in CSX by 19.2% in the second quarter. GAMMA Investing LLC now owns 42,806 shares of the transportation company’s stock worth $1,397,000 after purchasing an additional 6,896 shares during the period. Finally, TD Private Client Wealth LLC boosted its stake in CSX by 39.9% during the 2nd quarter. TD Private Client Wealth LLC now owns 42,098 shares of the transportation company’s stock valued at $1,374,000 after purchasing an additional 12,016 shares in the last quarter. Institutional investors own 73.57% of the company’s stock.

CSX News Roundup

Here are the key news stories impacting CSX this week:

• Positive Sentiment: TD Cowen raised its price target to $40 and kept a “buy” rating — implying roughly a double-digit upside and helping lift investor sentiment. TD Cowen adjusts price target on CSX to $40 TickerReport: TD Cowen note
• Positive Sentiment: A JPMorgan analyst publicly flagged upside for CSX, adding supportive institutional commentary that can boost demand for the shares. JPMorgan says CSX stock price expected to rise
• Neutral Sentiment: Susquehanna lifted its price target to $38 but kept a “neutral” rating, signaling modest upside but no change in conviction — likely a limited catalyst. Susquehanna lifts price target on CSX to $38
• Neutral Sentiment: Industry roundup (Class I briefs) provides context on freight/rail peers; useful for sector positioning but not an immediate company-specific catalyst. Class I Briefs: BNSF, NS, CSX
• Negative Sentiment: Analyst previews from Zacks warn Q4 earnings look set to decline due to weaker coal revenues, softer merchandise volumes and network challenges — a clear near-term earnings risk for the stock. Analysts estimate CSX to report a decline in earnings CSX to report Q4 earnings amid cost pressures
• Negative Sentiment: A Bloomberg Law piece reports a bias trial related to employees’ use of FMLA leave — potential legal/headline risk that could create volatility if the case escalates. CSX worker’s use of FMLA leave draws bias trial

CSX Company Profile

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.