Bank of America Issues Positive Forecast for CSX (NASDAQ:CSX) Stock Price

CSX (NASDAQ:CSX) had its price objective increased by investment analysts at Bank of America from $46.00 to $49.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Bank of America‘s price objective would indicate a potential upside of 13.48% from the stock’s current price.

A number of other research analysts also recently weighed in on the company. Susquehanna reissued a “neutral” rating and issued a $39.00 target price on shares of CSX in a report on Friday, January 23rd. Jefferies Financial Group increased their target price on CSX from $42.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. The Goldman Sachs Group reissued a “neutral” rating and issued a $41.00 target price (up from $37.00) on shares of CSX in a report on Thursday. Benchmark reissued a “buy” rating and issued a $46.00 target price (up from $40.00) on shares of CSX in a report on Friday, April 17th. Finally, Wolfe Research increased their target price on CSX from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Tuesday, April 7th. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, CSX currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.77.

CSX Trading Down 0.4%

Shares of NASDAQ:CSX opened at $43.18 on Thursday. The company has a market cap of $80.35 billion, a P/E ratio of 28.04, a PEG ratio of 2.42 and a beta of 1.25. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.81 and a quick ratio of 0.69. CSX has a 1 year low of $27.18 and a 1 year high of $43.80. The stock’s fifty day moving average price is $41.23 and its 200-day moving average price is $38.02.

CSX (NASDAQ:CSX) last announced its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. The firm had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.50 billion. CSX had a return on equity of 23.88% and a net margin of 20.50%.The company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 earnings per share. Sell-side analysts expect that CSX will post 1.84 earnings per share for the current year.

Insider Transactions at CSX

In related news, CEO Stephen F. Angel acquired 25,000 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were purchased at an average price of $40.27 per share, with a total value of $1,006,750.00. Following the completion of the purchase, the chief executive officer directly owned 146,540 shares of the company’s stock, valued at $5,901,165.80. This represents a 20.57% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Stephen Fortune sold 31,456 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $38.65, for a total value of $1,215,774.40. Following the completion of the transaction, the executive vice president directly owned 82,034 shares in the company, valued at $3,170,614.10. This trade represents a 27.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 188,123 shares of company stock valued at $7,454,854 over the last quarter. 0.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Syon Capital LLC raised its stake in shares of CSX by 1.0% in the fourth quarter. Syon Capital LLC now owns 28,316 shares of the transportation company’s stock worth $1,026,000 after buying an additional 287 shares during the period. Root Financial Partners LLC grew its position in shares of CSX by 7.3% during the fourth quarter. Root Financial Partners LLC now owns 4,757 shares of the transportation company’s stock worth $172,000 after purchasing an additional 323 shares in the last quarter. Kingswood Wealth Advisors LLC grew its position in shares of CSX by 4.1% during the third quarter. Kingswood Wealth Advisors LLC now owns 8,324 shares of the transportation company’s stock worth $296,000 after purchasing an additional 331 shares in the last quarter. Moloney Securities Asset Management LLC grew its position in shares of CSX by 2.7% during the third quarter. Moloney Securities Asset Management LLC now owns 13,048 shares of the transportation company’s stock worth $463,000 after purchasing an additional 339 shares in the last quarter. Finally, Walled Lake Planning & Wealth Management LLC grew its position in shares of CSX by 2.7% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 13,235 shares of the transportation company’s stock worth $480,000 after purchasing an additional 346 shares in the last quarter. Institutional investors own 73.57% of the company’s stock.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: EPS and profit beat: CSX delivered diluted EPS of $0.43 (vs. ~$0.39 consensus) and reported a roughly 25% jump in net income year?over?year driven by lower operating costs and margin expansion. This drove the initial rally. AP: CSX delivers 25% jump in profit
• Positive Sentiment: Efficiency and volumes: Management cited efficiency gains and rising intermodal volumes (total units +3% y/y) that helped operating income rise to $1.25B and gross profit expand materially. These operational improvements underpin better margins and cash generation. Investing: Efficiency gains drive beat
• Positive Sentiment: Upgraded cash?flow outlook: CSX raised its 2026 free cash flow outlook (anticipating >60% FCF growth) and moved revenue guidance to mid?single digits — a clear positive for buybacks/debt paydown and long?term value creation. Seeking Alpha: FCF growth outlook
• Neutral Sentiment: Revenue mixed: Revenue totaled $3.48B (+1.7% y/y) but missed some street estimates (~$3.50B), so growth is positive but modest; investors will watch whether mid?single digit guidance materializes. GlobeNewswire: Q1 results
• Neutral Sentiment: Cash flow & capex mix: Operating cash flow rose strongly and capex was down y/y, improving free cash flow conversion — positive for capital allocation but investors will monitor reinvestment levels vs. long?term growth. Yahoo / FreightWaves: cash flow and volumes
• Negative Sentiment: High expectations and valuation: CSX was trading near 52?week highs heading into the print, so the bar was high; a revenue miss and modest top?line growth leave the stock vulnerable to profit?taking if future quarters don’t show sustained top?line acceleration. Investing: earnings test near highs
• Negative Sentiment: Insider/ownership notes and analyst dispersion: Some large institutional repositioning and recent insider sales (reported by data providers) plus a wide range of analyst price targets indicate differing views on upside, adding near?term uncertainty. QuiverQuant: institutional and insider activity

CSX Company Profile

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.