|Bid||67.36 x 2900|
|Ask||67.89 x 800|
|Day's Range||65.39 - 67.77|
|52 Week Range||48.43 - 76.24|
|Beta (3Y Monthly)||1.49|
|PE Ratio (TTM)||8.95|
|Earnings Date||Apr 15, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||0.88 (1.35%)|
|1y Target Est||74.68|
AAR: US Rail Traffic Grew 8.4% in Week 2 of 2019(Continued from Prior Part)Strong carload traffic growth CSX’s (CSX) total rail traffic volumes increased 11% YoY (year-over-year) to 124,446 units in Week 2 due to strong growth in its carloads. The
Today we are going to look at CSX Corporation (NASDAQ:CSX) to see whether it might be an attractive investment prospect. To be precise, we'll consider its Return On Capital Employed Read More...
# CSX Corp ### NASDAQ/NGS:CSX View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for CSX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CSX. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $4.41 billion over the last one-month into ETFs that hold CSX are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CSX credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
AAR: US Rail Traffic Grew 8.4% in Week 2 of 2019(Continued from Prior Part)CP’s rail traffic Canadian Pacific Railway’s (CP) total traffic volumes rose 11.4% YoY (year-over-year) in Week 2 of 2019. It hauled 52,197 railcars compared to 46,853
AAR: US Rail Traffic Grew 8.4% in Week 2 of 2019(Continued from Prior Part)Highest traffic gainerCanadian National Railway (CNI) reported 12.2% YoY (year-over-year) total traffic volume growth in the second week of 2019. Canada’s largest freight
AAR: US Rail Traffic Grew 8.4% in Week 2 of 2019US rail traffic US railroad companies continue to see strong rail traffic growth. According to the latest data compiled by the Association of American Railroads, US freight rail traffic increased by
Kansas City Southern (NYSE: KSU) is going down the precision railroading track. The solution: adopt the principles of precision railroading. "KCS has entered 2019 with a renewed and heightened focus on operational excellence," Ottensmeyer said.
Kansas City Southern’s Q4 Earnings Rose on Higher PricingSurpassed expectationsKansas City Southern (KSU) reported better-than-expected results for the fourth quarter. Moreover, the company’s quarterly revenues and adjusted EPS improved
J.B. Hunt Shares Rose 6% after Strong Q4 ResultsBeat expectations J.B. Hunt Transport (JBHT) shares gained ~6% in the extended trading session on January 17 after the company reported overwhelming fourth-quarter results. The largest trucking
The company had been expected to report earnings of $1.48 a share on sales of $2.3 billion, based on a FactSet survey of 21 analysts. The stock had fallen 13% since the company last reported earnings on Oct. 15. The company had been expected to report earnings of 99 cents a share on sales of $3.1 billion, based on a FactSet survey of 25 analysts.
Stocks that moved substantially or traded heavily Thursday: Morgan Stanley, down $1.96 to $42.53 The bank's fourth-quarter results fell short of expectations as its stock and bond traders struggled. CSX ...
No matter the averages, which had started down, skyrocketed on the tidbit and stocks that had been crushed over China worries took off as if deal were done and signed. Now there is no doubt that investors want a deal with China in the worst way, and I actually mean in the worst way, as in the worst way for our country.
U.S. stocks have closed with gains in seven of the past nine sessions. Analysts expect the streaming giant to post fourth-quarter earnings of 24 cents a share on revenue of $4.21 billion. Stocks surged Thursday afternoon after the Wall Street Journal reported that the U.S. is considering lifting tariffs levied against China in order to hasten a deal that would end a trade war between the world's two largest economies.
Morgan Stanley's Ravi Shanker maintains an Underweight rating on CSX with a price target lowered from $56 to $55. CSX is in an "unfamiliar position," as Wednesday's earnings report did not consist of its typical big beat and management's tone during the conference was void of any "swagger," Shanker said in a Thursday note.
--When CSX Corporation (NASDAQ: CSX) reported a third quarter 2018 operating ratio (OR) of 58.7 percent, an improvement of almost 1,000 basis points over the third quarter of 2017, it was such a stunning number that it set off enough discussion in the industry over the apparent enormous success of precision railroading (PSR) that Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corp. (NYSE: NSC) in fairly quick order followed suit by saying they were going to go down the PSR route (Union Pacific) or make changes that looked suspiciously like it (Norfolk Southern). In the fourth quarter of 2018, CSX's OR was 60.3 percent, which is a 400 basis point improvement over the 60.7 percent posted in the fourth quarter of 2017. The outlook for 2019 that was to be delivered later Wednesday afternoon on the earnings call by CEO James Foote calls for the full year 2019 operating ratio to outperform the target of 60 percent that was set for 2020.
Here are some of the companies with shares expected to trade actively in Thursday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
U.S. stock futures fell on Thursday, Jan. 17, and global shares declined as concerns over the fate of U.S.-China trade talks pushed equities lower. China's vice premier, Liu He, confirmed Thursday he will travel to Washington for two days of talks with U.S. officials starting Jan. 30, easing worries that the U.S. government shutdown, now in its 27th day, would delay negotiations that already are running up against a March 1 deadline.
CSX’s Q4 Earnings Beat Expectations on Higher Pricing and VolumesCSX surpassed expectationsCSX (CSX) reported better-than-expected results for the fourth quarter. Moreover, the company’s quarterly revenues and EPS improved significantly on a YoY