Share on StockTwits

CSX (NYSE:CSX) was the target of some unusual options trading on Friday. Stock investors bought 5,099 call options on the company, AnalystRatingsNetwork reports. This is an increase of approximately 256% compared to the average volume of 1,431 call options.

A number of analysts have recently weighed in on CSX shares. Analysts at Macquarie reiterated an “outperform” rating on shares of CSX in a research note on Thursday, July 17th. They now have a $32.00 price target on the stock, down previously from $33.00. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of CSX in a research note on Thursday, July 17th. They now have a $31.00 price target on the stock, up previously from $30.00. Finally, analysts at Argus raised their price target on shares of CSX from $33.00 to $38.00 in a research note on Thursday, July 17th. They now have a “buy” rating on the stock. Nine research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $31.41.

Shares of CSX (NYSE:CSX) traded up 0.45% on Friday, hitting $30.91. 3,445,133 shares of the company’s stock traded hands. CSX has a 1-year low of $24.46 and a 1-year high of $31.59. The stock’s 50-day moving average is $30.48 and its 200-day moving average is $29.34. The company has a market cap of $30.897 billion and a P/E ratio of 17.20.

CSX (NYSE:CSX) last announced its earnings results on Tuesday, July 15th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.01. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the previous year, the company posted $0.52 earnings per share. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Analysts expect that CSX will post $1.86 EPS for the current fiscal year.

CSX Corporation (NYSE:CSX), together with its subsidiaries, is a transportation supplier.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.