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Jul 22, 2021
CSX (CSX, $31.57) beat earnings expectations for Q2

CSX (CSX, $31.57) beat earnings expectations for Q2

CSX  reported its second-quarter earnings forecasts after the bell Wednesday.

The rail-based freight transportation company's adjusted earnings for the quarter came in at 40 cents a share, compared to the 37 cents a share expected by analysts polled by FactSet. 

Earnings experienced tailwinds of +12 cents a share from the sale of property rights in line segments to the Commonwealth of Virginia for passenger rail operations.

Revenue grew +33% year-over-year to $2.99 billion in the quarter, on the back of growth across all lines of business. It is also higher than analysts' estimate of $2.928 billion. The company experienced a -9% year over year decrease in expenses, while its operating income improved to $1.69 billion for the quarter.

In June, CSX announced that its board had approved a 3-for-1 stock split to be given out to shareholders as a stock dividend.

Related Ticker: CSX

CSX's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for CSX turned positive on October 02, 2026. Looking at past instances where CSX's MACD turned positive, the stock continued to rise in 28 of 45 cases over the following month. The odds of a continued upward trend are 62%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CSX's RSI Oscillator exited the oversold zone, 11 of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 48%.

The Momentum Indicator moved above the 0 level on October 02, 2026. You may want to consider a long position or call options on CSX as a result. In 53 of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 59%.

Following a +1.98% 3-day Advance, the price is estimated to grow further. Considering data from situations where CSX advanced for three days, in 176 of 311 cases, the price rose further within the following month. The odds of a continued upward trend are 57%.

CSX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

CSX moved below its 50-day moving average on September 01, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CSX crossed bearishly below the 50-day moving average on September 09, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 50%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CSX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 46%.

The Aroon Indicator for CSX entered a downward trend on September 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Seasonality Score of 1 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is 20 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 28 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock better than average.

The Tickeron SMR rating for this company is 39 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating steady price growth. CSX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of 88 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.150) is normal, around the industry mean (4.638). P/E Ratio (27.195) is within average values for comparable stocks, (23.129). Projected Growth (PEG Ratio) (1.682) is also within normal values, averaging (7.261). Dividend Yield (0.012) settles around the average of (0.016) among similar stocks. P/S Ratio (6.150) is also within normal values, averaging (3.592).

Notable companies

The most notable companies in this group are Union Pacific Corp (NYSE:UNP), CSX Corp (NASDAQ:CSX), Norfolk Southern Corp (NYSE:NSC).

Industry description

The Railroad industry includes passenger and freight transportation services along rail lines. This also includes companies that provide maintenance and switching duties as part of rail services. Within North America, the industry is largely dominated by some large operators. Several short-line railroads serve regional and local routes. Union Pacific Corporation, Canadian National Railway Company, and CSX Corporation are some of the prominent names in the business. The railroad business is relatively cyclical; economic expansion boost the freight services in particular, while economic stagnation often dampens transportation demand.

Market Cap

The average market capitalization across the Railroads Industry is 43.56B. The market cap for tickers in the group ranges from 6.75K to 162.84B. UNP holds the highest valuation in this group at 162.84B. The lowest valued company is USDP at 6.75K.

High and low price notable news

The average weekly price growth across all stocks in the Railroads Industry was -2%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was 12%. RVSN experienced the highest price growth at 5%, while SWVL experienced the biggest fall at -13%.

Volume

The average weekly volume growth across all stocks in the Railroads Industry was -19%. For the same stocks of the Industry, the average monthly volume growth was -23% and the average quarterly volume growth was -58%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 72
P/E Growth Rating: 26
Price Growth Rating: 55
SMR Rating: 59
Profit Risk Rating: 65
Seasonality Score: 35 (-100 ... +100)
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General Information

a provider of rail-based transportation services

Industry Railroads

Industry
Railroads
Address
500 Water Street
Phone
+1 904 359-3200
Employees
23000
Web
https://www.csx.com
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