CSX (NASDAQ:CSX) Stock Rating Lowered by Wall Street Zen

CSX (NASDAQ:CSX) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Other equities analysts have also recently issued reports about the stock. Citizens Jmp started coverage on shares of CSX in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. Morgan Stanley set a $32.00 target price on shares of CSX and gave the company an “underweight” rating in a report on Monday, July 6th. Royal Bank Of Canada reiterated an “outperform” rating and set a $54.00 price target (up from $51.00) on shares of CSX in a research note on Thursday, July 23rd. Rothschild & Co Redburn boosted their price target on shares of CSX from $45.50 to $47.50 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, Barclays reissued an “overweight” rating and set a $60.00 price target (up from $55.00) on shares of CSX in a report on Thursday, July 23rd. Eighteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CSX presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.31.

CSX Price Performance

Shares of NASDAQ:CSX opened at $50.27 on Friday. CSX has a 1-year low of $31.80 and a 1-year high of $53.60. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.82 and a quick ratio of 0.72. The stock has a market cap of $93.12 billion, a P/E ratio of 29.06, a P/E/G ratio of 2.29 and a beta of 1.21. The firm has a fifty day moving average price of $48.64 and a 200 day moving average price of $44.26.

CSX (NASDAQ:CSX) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.02. CSX had a return on equity of 24.98% and a net margin of 22.21%.The firm had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. Sell-side analysts predict that CSX will post 2 EPS for the current year.

Insider Transactions at CSX

In related news, CFO Kevin S. Boone sold 136,708 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $46.70, for a total value of $6,384,263.60. Following the sale, the chief financial officer directly owned 208,622 shares of the company’s stock, valued at approximately $9,742,647.40. This represents a 39.59% 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 13,000 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $52.68, for a total transaction of $684,840.00. Following the completion of the transaction, the senior vice president owned 59,643 shares in the company, valued at approximately $3,141,993.24. This trade represents a 17.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 189,708 shares of company stock valued at $9,132,304. Company insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On CSX

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC acquired a new stake in CSX during the 2nd quarter worth approximately $27,000. Arlington Trust Co LLC lifted its position in CSX by 58.0% during the second quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock valued at $32,000 after buying an additional 250 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in CSX during the second quarter valued at approximately $34,000. Allied Private Wealth LLC purchased a new stake in CSX during the second quarter worth approximately $37,000. Finally, Wilkerson Advisory Group LLC grew its stake in CSX by 97.4% during the first quarter. Wilkerson Advisory Group LLC now owns 829 shares of the transportation company’s stock worth $34,000 after buying an additional 409 shares during the period. 73.57% of the stock is currently owned by institutional investors and hedge funds.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Analysts raised earnings expectations. Zacks Research increased its FY2026 EPS forecast to $2.00 from $1.90, FY2027 to $2.14 from $2.10, and FY2028 to $2.27 from $2.16. Several quarterly estimates were also raised, suggesting improved expectations for CSX’s earnings trajectory. CSX analyst earnings estimates
• Positive Sentiment: CSX is adding service from the Port of Virginia to Indianapolis. The expanded connection could strengthen CSX’s intermodal volumes and improve its access to important freight flows, although the financial impact was not disclosed. Port of Virginia adds CSX rail service to Indianapolis
• Neutral Sentiment: Recent earnings momentum remains constructive. CSX’s latest quarterly results exceeded analyst expectations, with EPS of $0.54 versus a $0.52 consensus and revenue of $3.94 billion versus $3.89 billion. Revenue increased 10.1% year over year, providing support for the upgraded forecasts.
• Negative Sentiment: A CSX grain train derailed in South Charleston, West Virginia. Reports say several cars jumped the tracks and that the incident is under investigation. Any service disruption, cleanup costs, regulatory scrutiny, or liability could weigh on sentiment; the available reports did not provide an estimate of financial damages or injuries. CSX train derails in West Virginia CSX grain train jumps the tracks in South Charleston

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.