CSX Corp. stock forecast: down to 33.57 USD CSX stock price prognosis

STOCK

Forecast for Thu 23 May 2024 price 33.52

CSX Corp. stock price forecast for further price development down to -10.11% (time horizon: 1 day) and price target of 33.57 USD. Short-term (time horizon: 2 weeks) CSX Corp. share price prediction for 2024-05-23 with daily closed price projections

Key Facts

Symbol CSX 

ISIN US1264081035 

CUSIP 126408103


Currency USD


Category Railroads, Line-Haul Operating

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 10,541,000,000.0


Earnings per share 1.18


Dividends 0.35

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

CSX 2020 Form 10-K p.1CSX CORPORATIONFORM 10-KTABLE OF CONTENTS Item No. The Company's intermodal business links customers to railroads via trucks and terminals. Substantially all of these activities are focused on supporting railroad operations. TDSI serves the automotive industry with distribution centers and storage locations. CSX Technology and other subsidiaries provide support services for the Company. Other revenue accounted for 4 percent of the Company's total revenue in 2020. Typically, these negotiations take several years. Further, this model leads to reduced costs and strong free cash flow generation. CSX Corporation was incorporated in 1978 under Virginia law. Other railroads also operate in parts of the Company's territory. These categories and the geography of the network are described below. See the following page for a map of the CSX Rail Network. Insulated box cars deliver food products, canned goods, beer and wine. Other cars – Primarily leased refrigerator cars and slab steel cars. Commitments and Contingencies of this annual report on Form 10-K.Item 4. Mr. Foote has more than 40 years of railroad industry experience. Prior to joining CSX, she worked in human resources for 20 years. In his current role, Mr. Wallace is responsible for the commercial organization. Ms. Williams is a Certified Public Accountant. The official trading symbol is "CSX." Smaller railroads are classified as Class II or Class III. Double-stack - Stacking containers two-high on specially equipped cars. Shipper - A customer shipping freight via rail. Siding - Track adjacent to the mainline used for passing trains. Turnout - A track that diverts trains from one track to another. 8226; Earnings per diluted share of $3.60 decreased $0.57 or 14% year over year. Minerals - Decreased due to lower shipments for aggregates and other minerals. Fertilizers - Declined due to reduced short-haul phosphate shipments. Fuel expense includes locomotive diesel fuel as well as non-locomotive fuel. See additional discussion on the Company\'s website. GTM\'s are calculated by multiplying total train weight by distance the train moved. Total train weight is comprised of the weight of the freight cars and their contents. Dwell increased by 8% compared to last year, while cars online decreased by 4% in 2020. As of December 31, 2020, the Company had no outstanding balances under this facility. See Note 10, Debt and Credit Agreements for more information. Funds used for property additions are further described below. CSX intends to fund capital investments through cash generated from operations. Further, CSX is well positioned from a liquidity standpoint. The Company from time to time accesses the credit markets for additional liquidity. Contractual commitments related to public-private partnerships are $4 million. Current agreements remain in place until modified by these negotiations. Typically, such negotiations take several years before agreements are reached. Actual results may differ from those estimates. It is based largely on CSXT\'s historical claims and settlement experience. Legal Proceedings for further discussion of these items. Beginning in 2020, the CSX Pension Plan was closed to new participants. These amounts are reviewed by management. In general, if interest rates decline or rise, the assumed discount rates will change. As of December 2020, CSX has no floating rate debt obligations outstanding. These methods have a significant effect on depreciati

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/277948/000027794821000014/0000277948-21-000014.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 52.08/100
    • Not in ideal financial position.
    • Historical view, profit is not growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 5550655
CGC Financial Services, LLC 2023-06-30 8218
DCM Advisors, LLC 2022-12-31 130901
DCM Advisors, LLC 2022-09-30 67268
Meritas Wealth Management, LLC 2022-12-31 14715

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Old Westbury Funds Inc 2023-07-31 43299 Long
DIMENSIONAL INVESTMENT GROUP INC 2023-07-31 579107 Long
DFA INVESTMENT TRUST CO 2023-07-31 859128 Long
Pacer Funds Trust 2023-07-31 6842 Long
Pacer Funds Trust 2023-07-31 122660 Long

Insider trading for CSX Corp.

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1778769 Boone Kevin S. 2024-02-06 SALE Accept Accept Accept Accept
1749261 Sorfleet Diana B 2024-02-07 SALE Accept Accept Reject Reject


Bollinger Bollinger Bands for CSX Corp. can provide the information where the market is moving based on price information.


CSX Corp. Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns CSX Corp..


On-Balance Volume information for CSX Corp.. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for CSX Corp.. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for CSX Corp.. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for CSX Corp.. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for CSX Corp.. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for CSX Corp.. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for CSX Corp.. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


CSX Corp. on Nasdaq

CSX Corp. on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-22 33.57 2024-03-28 14:26
2024-05-23 33.52 2024-03-28 14:27
2024-05-20 33.67 2024-03-28 14:26
2024-05-21 33.62 2024-03-28 14:26
2024-04-30 34.61 2024-03-28 14:26
2024-05-13 33.96 2024-03-28 14:26
2024-05-06 34.29 2024-03-28 14:26
2024-04-18 35.33 2024-03-28 14:26
2024-04-08 36.11 2024-03-28 14:26
2024-04-09 35.91 2024-03-28 14:26
2024-04-26 34.77 2024-03-28 14:26
2024-05-07 34.22 2024-03-28 14:26
2024-05-08 34.15 2024-03-28 14:26
2024-05-14 33.90 2024-03-28 14:26
2024-05-15 33.84 2024-03-28 14:26
2024-04-15 35.58 2024-03-28 14:26
2024-03-29 36.80 2024-03-28 14:26
2024-04-24 34.94 2024-03-28 14:26
2024-04-11 35.75 2024-03-28 14:26
2024-04-25 34.87 2024-03-28 14:26
2024-04-10 35.90 2024-03-28 14:26
2024-04-12 35.68 2024-03-28 14:26
2024-05-16 33.78 2024-03-28 14:26
2024-04-01 36.71 2024-03-28 14:26
2024-04-19 35.20 2024-03-28 14:26
2024-04-23 34.99 2024-03-28 14:26
2024-04-29 34.69 2024-03-28 14:26
2024-05-01 34.52 2024-03-28 14:26
2024-05-02 34.44 2024-03-28 14:26
2024-05-09 34.09 2024-03-28 14:26
2024-04-02 36.59 2024-03-28 14:26
2024-04-03 36.48 2024-03-28 14:26
2024-04-04 36.35 2024-03-28 14:26
2024-04-05 36.26 2024-03-28 14:26
2024-04-22 35.08 2024-03-28 14:26
2024-05-03 34.36 2024-03-28 14:26
2024-05-17 33.72 2024-03-28 14:26
2024-04-16 35.49 2024-03-28 14:26
2024-04-17 35.48 2024-03-28 14:26
2024-05-10 34.02 2024-03-28 14:26

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.