The leading market experts have placed a mean price target of $29.40 on CSX Corporation (NYSE:CSX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.46 a share for the upcoming quarter and $1.75 for the current fiscal.
The technical analysis of CSX Corporation plainly substantiates that the 50-day moving average of CSX Corporation is $27.91, and stock is trading $0.76 points away or +2.72% from its 50-day moving average of $27.91. Further it is trading $2.45 or +9.36% away its 200-day moving average of $26.22. CSX Corporation (NYSE:CSX) 52-week high is $30.53 and the 52-week low is $21.33.
This explains if the stock moves $-1.86, it will post a 52-week high. In event of +34.41% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of CSX Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CSX Corporation (NYSE:CSX) ratio came in at 15.65.
The stock last ended the trading session at $28.67 and registered a market cap of $27.12B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CSX Corporation (NYSE:CSX) PEG ratio is at 3.02.
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