CSX Corporation, a prominent rail-based freight transportation supplier in North America, has been making waves in the market recently.With a market cap of $68.71B and 1.93B shares outstanding, CSX Corporation continues to be a strong player in the transportation sector.
In terms of stock performance, CSX Corporation (CSX) is currently trading at a price of $35.13. Analysts predict a positive outlook for CSX stock, with an average rating of "Buy" and a 12-month stock price forecast of $38.78. This indicates a potential increase of 10.12% from the latest price.
CSX Corporation's financial performance has been commendable, with an EPS (TTM) of $1.86 and a P/E ratio (TTM) of 18.88. The company also offers a dividend yield of 1.37%, with the latest dividend being $0.12, paid on November 29, 2024.
When evaluating CSX Corporation against its competitors, CSX holds a significant market share relative to its peers. With a market share of 22.47%, CSX Corporation surpasses Norfolk Southern Corp, Union Pacific Corp, and Kansas City Southern in terms of market dominance.
Notable investors have also taken notice of CSX Corporation's potential. Ferguson Wellman Capital Management Inc. recently sold a considerable number of shares, while Itau Unibanco Holding S.A. acquired a new stake in the company during the second quarter.
Overall, CSX Corporation remains a strong contender in the transportation industry. Investors and analysts have a positive outlook on the company's future, with expectations of continued growth and profitability. While this information provides valuable insights into CSX Corporation's current affairs, it is important to conduct further research and analysis before making any investment decisions.
