CSX (NASDAQ:CSX) Stock Price Expected to Rise, Susquehanna Analyst Says

CSX (NASDAQ:CSX) had its target price hoisted by Susquehanna from $34.00 to $38.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The brokerage currently has a “neutral” rating on the transportation company’s stock. Susquehanna’s price objective indicates a potential upside of 4.68% from the stock’s current price.

CSX has been the subject of a number of other research reports. TD Cowen boosted their price objective on CSX from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Monday. Sanford C. Bernstein increased their price objective on CSX from $36.00 to $37.00 and gave the stock a “market perform” rating in a research report on Tuesday, September 30th. Raymond James Financial reissued an “outperform” rating and set a $40.00 target price (up previously from $39.00) on shares of CSX in a report on Friday, October 17th. Evercore ISI upped their price target on shares of CSX from $39.00 to $41.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Finally, Barclays reaffirmed an “overweight” rating on shares of CSX in a research report on Monday, October 20th. One equities research 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 company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $39.13.

CSX Stock Performance

CSX traded up $0.12 during trading hours on Monday, reaching $36.30. The company’s stock had a trading volume of 11,665,039 shares, compared to its average volume of 14,970,884. The firm has a market cap of $67.60 billion, a PE ratio of 23.73, a price-to-earnings-growth ratio of 2.81 and a beta of 1.30. The company’s 50-day moving average is $35.74 and its 200-day moving average is $34.99. CSX has a 52 week low of $26.22 and a 52 week high of $37.54. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.71 and a current ratio of 0.85.

CSX (NASDAQ:CSX) last posted its 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. The company had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.60 billion. CSX had a net margin of 20.55% and a return on equity of 24.95%. CSX’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 EPS. On average, equities analysts forecast that CSX will post 1.83 EPS for the current year.

Insider Buying and Selling

In other CSX news, EVP Kevin S. Boone sold 31,053 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $36.09, for a total value of $1,120,702.77. Following the sale, the executive vice president owned 197,521 shares in the company, valued at $7,128,532.89. This trade represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Michael S. Burns sold 24,249 shares of the firm’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $36.76, for a total value of $891,393.24. Following the sale, the senior vice president directly owned 51,640 shares in the company, valued at approximately $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 corporate insiders.

Hedge Funds Weigh In On CSX

Large investors have recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC bought a new position in shares of CSX during the 2nd quarter worth approximately $25,000. FNY Investment Advisers LLC grew its holdings in CSX by 437.3% in the third quarter. FNY Investment Advisers LLC now owns 720 shares of the transportation company’s stock worth $25,000 after purchasing an additional 586 shares during the period. WFA of San Diego LLC bought a new stake in CSX in the second quarter valued at $28,000. Pinnacle Bancorp Inc. raised its holdings in shares of CSX by 121.5% during the third quarter. Pinnacle Bancorp Inc. now owns 1,329 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 729 shares during the period. Finally, Aventura Private Wealth LLC acquired a new position in shares of CSX during the fourth quarter valued at about $63,000. 73.57% of the stock is currently owned by institutional investors.

Trending Headlines about CSX

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

About CSX

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.