CSX Corporation (CSX) Analysts See $0.56 EPS

Marco Green
December 17, 2017

Walleye Trading Llc sold 42,300 shares as the company's stock rose 3.79% with the market. Price T Rowe Assocs Md reported 4.55M shares stake. Tiger Eye Capital Llc who had been investing in Csx Corp for a number of months, seems to be less bullish one the $47.31 billion market cap company. The stock is trading $52.87 its 50-day moving average by -4.44%. About 49.88 million shares traded or 744.95% up from the average. It has outperformed by 80.48% the S&P500.

Outfitter Advisors Ltd decreased its stake in General Elec Co (GE) by 4.63% based on its latest 2017Q2 regulatory filing with the SEC. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.86 and a current ratio of 1.05.

The stock increased 2.57% or $1.16 during the last trading session, reaching $46.37. Spark Therapeutics, Inc. (ONCE) has risen 13.53% since December 17, 2016 and is uptrending. It has underperformed by 35.64% the S&P500. The stock of CSX Corporation (NASDAQ:CSX) has "Buy" rating given on Friday, August 11 by RBC Capital Markets. Therefore 100% are positive. Celanese had 60 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was maintained by Argus Research on Tuesday, January 19 with "Buy". Bank of America upgraded CSX Corporation (NASDAQ:CSX) on Tuesday, February 23 to "Buy" rating. The firm has "Sector Outperform" rating given on Thursday, January 19 by Scotia Capital. The stock of CSX Corporation (NASDAQ:CSX) has "Underperform" rating given on Thursday, May 19 by CLSA. This repurchase authorization authorizes the transportation company to repurchase shares of its stock through open market purchases. The company was maintained on Monday, June 12 by Cowen & Co. The firm earned "Neutral" rating on Tuesday, October 10 by Nomura. The firm has "Hold" rating given on Thursday, July 20 by Jefferies. The stock has "Market Perform" rating by Wells Fargo on Monday, October 16.

After the recent decrease, investors may also look to see if the stock has entered oversold territory and could possibly ripe for a reversal. Its up 0.03, from 1 in 2017Q1.

For the current quarter, 25 analysts are projecting a mean EPS of $0.57/share. Sterling Capital Management LLC raised its position in shares of CSX by 32.0% in the 3rd quarter. Starr Comm Inc owns 50,000 shares for 0.12% of their portfolio. (NYSE:HCA). Schroder Inv Group holds 0.16% in HCA Healthcare, Inc. Bartlett Company Ltd invested in 51,935 shares or 0.13% of the stock. Zacks Invest Mngmt holds 0.01% or 4,996 shares. Prudential Incorporated has 0% invested in Kopin Corporation (NASDAQ:KOPN) for 98,972 shares. Based on the recent close, the shares have dropped -6.25% over the past five trading days. Loomis Sayles Limited Partnership owns 243,967 shares for 0.03% of their portfolio. Gotham Asset Management Limited Company owns 13,267 shares for 0.01% of their portfolio. Winslow Evans Crocker Inc has 41,387 shares for 0% of their portfolio. GLW's profit will be $408.45M for 17.05 P/E if the $0.47 EPS becomes a reality. The transportation company reported $0.51 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.51. CSX's revenue for the quarter was up 1.2% on a year-over-year basis. analysts predict that CSX Co. will post 2.22 earnings per share for the current year. Comstock Elizabeth J sold 24,693 shares worth $633,375. Motco holds 0.02% or 2,791 shares. Therefore 67% are positive. Csx Corp now has $47.31 billion valuation. RBC Capital Markets maintained it with "Buy" rating and $6500 target in Friday, August 11 report. Ahl Prtn Llp holds 0.04% in CSX Corporation (NASDAQ:CSX) or 38,522 shares. The company was upgraded on Wednesday, March 15 by Atlantic Securities. Barclays Capital maintained ABB Ltd (NYSE:ABB) on Wednesday, December 9 with "Overweight" rating. They expect $0.56 EPS, up 14.29% or $0.07 from last year's $0.49 per share. More interesting news about CSX Corporation (NASDAQ:CSX) were released by: Fool.com and their article: "Why CSX Corporation and Union Pacific Corporation Stock Soared in November" published on December 05, 2017 as well as Globenewswire.com's news article titled: "CSX Corporation Chief Executive Officer and Chief Operating Officer to Address ..." with publication date: November 21, 2017.

Investors sentiment increased to 1.03 in 2017 Q2. Its down 0.12, from 1.18 in 2017Q1. It improved, as 58 investors sold CSX Corporation shares while 339 reduced holdings.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CSX. 261.28 million shares or 1.13% less from 264.26 million shares in 2017Q1 were reported.

CSX Corporation (CSX) now trades with a market capitalization of $50.74 Billion. Moreover, Utah Retirement Systems has 0.21% invested in CSX Corporation (NASDAQ:CSX). Strs Ohio owns 668,194 shares. Moreno Evelyn V holds 0.64% or 26,952 shares in its portfolio. Chevy Chase, a Maryland-based fund reported 745,696 shares. Renaissance Tech Ltd holds 0% or 13,900 shares in its portfolio. Whittier Trust Of Nevada Inc has 0% invested in CSX Corporation (NASDAQ:CSX).

Koshinski Asset Management Inc decreased Schlumberger Ltd (NYSE:SLB) stake by 246 shares to 5,190 valued at $341.71 million in 2017Q2. Parkside Bankshares & Tru has invested 0.03% in CSX Corporation (NASDAQ:CSX).

CSX announced that its Board of Directors has authorized a stock buyback program on Wednesday, October 25th that authorizes the company to repurchase $1.50 billion in outstanding shares.

Other reports by Click Lancashire

Discuss This Article