CSX Corporations in-depth stock price analysis indicates that the stock price has rallied 40.5% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 69.46% . Looking at the past 52 week period, the stock price is up at 97.48% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of CSX Corporation has a positive value of 39.53 compared to overall market. CSX Corporation (NASDAQ:CSX) has climbed 2.09% in the past week and advanced 23.12% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.27% and the outperformance has advanced to 20.92% for the last 4 weeks period.
CSX Corporation (NASDAQ:CSX) : On Friday heightened volatility was witnessed in CSX Corporation (NASDAQ:CSX) which led to swings in the share price. The stock opened for trading at $48.5 and hit $48.93 on the upside , eventually ending the session at $47.77, with a gain of 0.04% or 0.02 points. The heightened volatility saw the trading volume jump to 15,428,519 shares. The 52-week high of the share price is $49.13 and the company has a market cap of $44,362 million. The 52-week low of the share price is at $23.035 .
CSX Corporation Last issued its quarterly earnings results on Jan 17, 2017. The company reported $0.49 EPS for the quarter. Analyst had a consensus estimate of $0.49. The company had revenue of $2859.00 million for the quarter, compared to analysts expectations of $2864.35 million. The companys revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.CSX Corporation was Upgraded by TD Securities to Buy on Jan 30, 2017. Company shares were Reiterated by Barclays on Jan 30, 2017 to Overweight, Raises Price Target to $ 50 from a previous price target of $41 .Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Outperform, Raises Price Target to $ 65 from a previous price target of $42 .Company shares were Upgraded by UBS on Jan 25, 2017 to Buy, Raises Price Target to $ 57 from a previous price target of $38 .CSX Corporation was Downgraded by Deutsche Bank on Jan 20, 2017 to Hold, Price Target of the shares are set at $42.
Company has reported several Insider transactions to the SEC, on Dec 16, 2016, Clarence W Gooden (President) sold 28,587 shares at 36.92 per share price.On Oct 19, 2016, Michael J Ward (Chairman and CEO) sold 300,000 shares at 30.97 per share price.On Sep 3, 2015, David M Ratcliffe (director) purchased 1,868 shares at 26.84 per share price.
CSX Corporations unique combination of rail, container-shipping, intermodal and logistics services provides global reach thats second to none. The companys goal, advanced at each of its business units, is to provide efficient, competitive transportation and related services for customers.