CSX Corp

NASDAQ: CSX
Asset Type Stock
Exchange NASDAQ
Currency USD
Country USA
Sector ENERGY & TRANSPORTATION
Industry RAILROADS, LINE-HAUL OPERATING
Address 500 WATER STREET, 15TH FLOOR, JACKSONVILLE, FL, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 74,897.54M USD
Shares Outstanding 1,959,130,000
CSX Corp is a leading rail-based freight transportation company, primarily operating in the eastern United States and parts of Canada. It specializes in moving a wide range of goods, including chemicals, agricultural products, automotive parts, and coal, through its extensive rail network. CSX not only provides traditional rail services but also offers intermodal transportation, combining rail with other methods like trucking for efficient delivery. With a focus on connecting major population centers and industrial facilities, CSX plays a crucial role in the supply chain, supporting various industries from agriculture to automotive.
Monitoring freight and rail traffic is one of the primary means of knowing what is happening inside the economy. The situation looks dire.
With solid financials and a likely shift to domestic manufacturing in some sectors, CSX is well placed to benefit from coronavirus recovery.
The coronavirus pandemic has all but brought the U.S. and global economies to a halt. The effects of stay at home orders ripple through the supply chain and hit transportation companies especially...
Thursday's top analyst upgrades and downgrades included Apple, AT&T, Avis Budget, Baidu, Baker Hughes, Biogen, Chipotle Mexican Grill, Kinder Morgan, Netflix, Shopify and Ulta Beauty.
24/7 Wall St. has put together a preview of a few of the most anticipated quarterly reports due this week, including Amazon, Tesla, Netflix and Starbucks.
Friday's top analyst upgrades and downgrades included Alibaba, Apple, Arch Coal, BlackRock, Cisco Systems, ConocoPhillips, CSX, KeyCorp, Netflix, Qualcomm, Rite Aid and United Parcel Service.
Yet, as the global economy picks up and China starts shipping again, railroads will get busier. CSX stock may be positioned to reap some of the benefits of the pandemic down the line.
Wednesday's top analyst upgrades and downgrades included AMC, American Express, Apache, Apple, Beyond Meat, BP, Charles Schwab, CSX, General Motors, Pinterest, Walt Disney and Wingstop.
Ironically, the destruction that the spread of coronavirus has brought to the economy has created the need to move even more things by rail, truck and air. CSX is in one of the few industries that...
CSX was one of the worst-performing railroads in 2019, and with market uncertainty at an all-time high, the future for the stock is a little hazy.
Once China's manufacturing capacity comes back, goods will begin flowing around the globe again. At least that's what CSX investors seem to be counting on.
CSX stock performed the most poorly of all the big U.S. railroad stocks last year, for a few reasons. Has anything changed in 2020 to give investors hope?
Thursday's top analyst upgrades, downgrades and initiations included Alphabet, Apple, AT&T, Biogen, CSX, Dow, Facebook, McDonald's, Microsoft and Tesla.
Friday's top analyst upgrades, downgrades and initiations included Adobe, BP, Caterpillar, CSX, Intel, IBM, NextEra Energy, Pinterest, Qualcomm, Snap, Twitter, Western Digital and Yum Brands.
CSX shares fell after it released mixed fourth-quarter financial results after the markets closed on Thursday.