CSX (NASDAQ:CSX) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says

CSX (NASDAQ:CSX) had its price target upped by analysts at Sanford C. Bernstein from $36.00 to $39.00 in a report issued on Tuesday, Marketbeat reports. The firm presently has a “market perform” rating on the transportation company’s stock. Sanford C. Bernstein’s price target would indicate a potential downside of 5.89% from the stock’s previous close.

A number of other research firms have also recently issued reports on CSX. BMO Capital Markets reiterated a “market perform” rating on shares of CSX in a report on Thursday, February 19th. Jefferies Financial Group raised their price objective on CSX from $42.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Royal Bank Of Canada boosted their target price on CSX from $39.00 to $43.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. Bank of America cut their target price on CSX from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Finally, Rothschild & Co Redburn lifted their price target on shares of CSX from $39.00 to $42.50 and gave the stock a “buy” rating in a research note on Friday, January 30th. Eighteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $40.85.

CSX Stock Performance

CSX stock opened at $41.44 on Tuesday. The firm’s fifty day moving average price is $40.15 and its 200-day moving average price is $37.15. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.69 and a current ratio of 0.81. The stock has a market cap of $77.11 billion, a P/E ratio of 26.91, a price-to-earnings-growth ratio of 2.28 and a beta of 1.25. CSX has a fifty-two week low of $26.22 and a fifty-two week high of $43.35.

CSX (NASDAQ:CSX) last announced its earnings results on Thursday, January 22nd. The transportation company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). The company had revenue of $3.51 billion during the quarter, compared to analysts’ expectations of $3.59 billion. CSX had a return on equity of 23.88% and a net margin of 20.50%.The firm’s revenue was down .9% on a year-over-year basis. During the same quarter last year, the firm posted $0.42 earnings per share. On average, equities research analysts expect that CSX will post 1.83 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Stephen F. Angel bought 25,000 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of $40.27 per share, for a total transaction of $1,006,750.00. Following the completion of the acquisition, the chief executive officer owned 146,540 shares in the company, valued at approximately $5,901,165.80. This trade represents a 20.57% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at 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 sale, the executive vice president directly owned 82,034 shares in the company, valued at $3,170,614.10. The trade was a 27.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 188,123 shares of company stock valued at $7,454,854. Insiders own 0.55% of the company’s stock.

Institutional Investors Weigh In On CSX

Several institutional investors and hedge funds have recently bought and sold shares of the business. Cbre Investment Management Listed Real Assets LLC increased its stake in shares of CSX by 81.9% during the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 944,946 shares of the transportation company’s stock valued at $33,555,000 after buying an additional 425,395 shares during the period. Pinebridge Investments LLC bought a new position in shares of CSX during the fourth quarter valued at approximately $5,979,000. Reaves W H & Co. Inc. purchased a new stake in CSX in the third quarter worth $5,326,000. Cohen & Steers Inc. lifted its stake in CSX by 1.2% in the fourth quarter. Cohen & Steers Inc. now owns 8,282,107 shares of the transportation company’s stock worth $300,226,000 after acquiring an additional 98,977 shares during the period. Finally, Allstate Corp lifted its stake in CSX by 105.7% in the fourth quarter. Allstate Corp now owns 136,869 shares of the transportation company’s stock worth $4,962,000 after acquiring an additional 70,326 shares during the period. Hedge funds and other institutional investors own 73.57% of the company’s stock.

Trending Headlines about CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on CSX to $45.50 and kept a “buy” rating, signaling upside versus the market and providing a clear buy-side endorsement that can support further gains. Rothschild & Co Redburn adjusts CSX price target
• Neutral Sentiment: Analysts and outlets are debating CSX’s valuation and whether to hold after recent gains; these pieces (Zacks/Yahoo) recap the rally and discuss longer-term positioning rather than issuing new, market-moving guidance. That keeps sentiment constructive but cautious. Should Investors Retain CSX Stock Despite Its Higher Valuation?
• Neutral Sentiment: Industry coverage (Class I briefs) mentions CSX alongside peers — useful context on sector trends and volumes but not company-specific guidance; these briefs help frame macro/competitive factors for investors. Class I Briefs: CSX, BNSF, UP
• Neutral Sentiment: A minor operational incident (a vehicle collision with a CSX train in Dayton where the driver fled) was reported; there’s no indication of major service disruption or regulatory action so far, so market impact is likely limited. Driver leaves scene after crash involving CSX train in Dayton
• Negative Sentiment: Sanford C. Bernstein kept a Market Perform (hold) rating while only modestly raising its price target to $39 — a level below the stock’s current price — which signals limited near-term upside from that major shop and may cap enthusiasm among some investors. Bernstein Updates Rail View, Lifts CSX Price Target

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.