Previous Close | 138.86 |
Open | 138.66 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 136.09 - 139.45 |
52 Week Range | 111.21 - 157.15 |
Volume | 1,369,914 |
Avg. Volume | 1,833,934 |
Market Cap | 38.742B |
Beta | 1.43 |
PE Ratio (TTM) | 7.35 |
EPS (TTM) | 18.61 |
Earnings Date | Apr 25, 2018 |
Forward Dividend & Yield | 2.88 (2.11%) |
Ex-Dividend Date | 2018-02-01 |
1y Target Est | 154.50 |
CSX (CSX) is tracked by 26 analysts surveyed by Thomson Reuters. It has a consensus rating of 2.2, indicating a “buy.” Six analysts (23.1%) have recommended a “strong buy” for the stock, and ten (38.5%) have recommended a “buy.” Eight analysts (30.8%) have given the stock a “hold” rating. After its 1Q18 earnings, there are still two analysts who are recommending a “sell.”
Soft coal and automotive revenues might weigh on Norfolk Southern's (NSC) Q1. However, solid intermodal growth is anticipated to boost results.
IBM, CSX, Tesla, Southwest Airlines and Toys “R” Us are the companies to watch.
NORFOLK, Va. , April 18, 2018 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) has awarded its 2017 Thoroughbred Chemical Safety Award to 52 chemical customers in recognition of their safe handling of rail-shipped ...
Many funds and investors are avoiding railroads and other transports while they await the outcome of NAFTA negotiations.
Major Eastern US railroad CSX (CSX) has reported declining carload traffic throughout most of 2018. The week ended April 7, 2018, or Week 14, wasn’t an exception. In Week 14, CSX’s carload volumes declined 0.7% YoY (year-over-year) to ~69,800 carloads from ~70,300 carloads in the week ended April 8, 2017.
Norfolk Southern (NSC) is a major rail freight carrier operating in the Eastern US. The company is slated to release its 1Q18 earnings on April 25, 2018. NSC witnessed a marginal 1.0% rise in its carload traffic in Week 14 of 2018. Its carload volumes grew from 68,800 units in 2017 to 69,400 units in 2018.
In this article, we’ll take a look at analysts’ recommendations on CSX (CSX) and its peers in view of its upcoming 1Q18 earnings. There were some changes in analysts’ opinions toward CSX following its 4Q17 earnings. Of the 26 analysts covering the stock, six (23.1%) now have “strong buy” opinions on the stock.
Earlier, we discussed Thomson Reuters–surveyed analysts’ estimates for CSX’s (CSX) 1Q18 operating margins. In this article, we’ll take a look at their earnings estimates for eastern US major railroad companies. Analysts expect CSX to achieve adjusted EPS (earnings per share) of $0.66 in 1Q18, a 29% rise on a YoY (year-over-year) basis.
Analysts expect CSX (CSX) to register an operating margin of 32.2% in 1Q18. This expectation represents a potential 1.4% expansion compared to last year’s operating margin of 30.8%. For 2018, analysts expect the company to attain an operating margin of 35.5%, indicating an expansion of 1.8% over its 2017 margin of 33.8%.
Analysts polled by Thomson Reuters have estimated revenue of $2.8 billion for CSX (CSX) in 1Q18. Compared to the railroad company’s ~$2.9 billion revenue in the same quarter of 2017, analysts’ estimate reflects a 2.6% fall YoY (year-over-year), suggesting that analysts have factored volume losses and competitive losses into the company’s 1Q18. For 2018, analysts expect CSX to register $11.5 billion in revenue, reflecting a 1.2% rise on a yearly basis.
CSX (CSX), a NASDAQ-listed major eastern US rail carrier, is set to release its 1Q18 earnings after the market closes on April 17, 2018.
Zacks Industry Outlook Highlights: Norfolk Southern, CSX, Union Pacific, Canadian National Railway and Halliburton
Canadian Pacific Railway’s (CP) carload traffic fell 2.1% YoY (year-over-year) in Week 13 of 2018, to ~33,800 carloads from ~34,500. In contrast, rival Canadian National Railway (CNI) saw its carload traffic rise 5.6% YoY, and US and Canadian railroads’ carload volumes rose.
Eastern US railroad Norfolk Southern (NSC) saw its carload traffic fall 3.7% in Week 13 of 2018. The rail carrier hauled ~69,600 railcars that week, compared with ~72,300 railcars in the week ended April 1, 2017. In contrast, NSC rival CSX recorded a 3.3% gain in its carload traffic after many weeks, and US railroads’ carload traffic rose 2.8%.
For Eastern US freight rail carrier CSX (CSX), carload traffic hasn’t progressed in 2018. In Week 13 of 2018, the railroad’s carload traffic rose 3.3% YoY (year-over-year), from ~69,200 carloads to ~71,500. In contrast, rival Norfolk Southern (NSC) saw its carload traffic fall 3.7%, and US railroads carload traffic grew less, by 2.8%.
The largest US Class I railroad, Union Pacific (UNP), saw its carload traffic fall 2.7% in Week 13 of 2018. The company moved ~92,000 railcars that week, compared with ~94,500 railcars in the same week last year. Whereas UNP’s carload traffic fell, rival BNSF Railway’s (BRK.B) carload traffic grew 7.3%, and US railroads (XLI) overall saw carload traffic growth.
Railroads Should Continue to Prosper on Multiple Tailwinds
Zacks Industry Outlook Highlights: Norfolk Southern, CSX, Kansas City, Genesee & Wyoming and Union Pacific
Union Pacific (UNP) seems to enjoy an edge over Norfolk Southern (NSC) with respect to some of the parameters considered.
First responders in 23 cities from 15 states to benefit from training NORFOLK, Va. , April 3, 2018 /PRNewswire/ -- Norfolk Southern's (NYSE: NSC) safety train will stop in 23 cities during 2018 as part ...
NORFOLK, Va. , April 3, 2018 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its first-quarter financial results during a conference call and live internet webcast at 8:45 a.m. EDT ...
Week 12: North American Rail Traffic Saw Growth Except in Mexico
IBM, CSX, Tesla, Southwest Airlines and Toys “R” Us are the companies to watch.