On Oct 17, major Wall Street analysts update their ratings for $CSX Corp (CSX.US)$, with price targets ranging from $36 to $42.
BofA Securities analyst Ken Hoexter maintains with a hold rating, and maintains the target price at $36.
Barclays analyst Brandon Oglenski maintains with a buy rating, and maintains the target price at $40.
Evercore analyst Jonathan Chappell maintains with a buy rating, and adjusts the target price from $38 to $37.
BMO Capital analyst Fadi Chamoun maintains with a buy rating, and adjusts the target price from $40 to $39.
Loop Capital analyst Rick Paterson maintains with a buy rating, and adjusts the target price from $43 to $42.
Furthermore, according to the comprehensive report, the opinions of $CSX Corp (CSX.US)$'s main analysts recently are as follows:
The company's Q3 earnings were reported below expectations, influenced by a difficult macroeconomic environment and an unfavorable product mix. Despite the anticipation of a demand upturn, the clarity regarding the timing of this change remains uncertain. Additionally, future earnings projections have been modestly adjusted.
The company's third-quarter earnings shortfall and suggested reduced outlook were mainly due to adverse weather conditions, with expectations for the fourth quarter to experience an amplified impact from recent hurricane events. This outlook indicates minimal positive change in the short term. It is anticipated that the company's management will highlight long-term prospects at the forthcoming Investor Day, yet there is a belief that shares may face downward pressure in the immediate future.
After CSX reported Q3 results that were marginally below expectations, and provided guidance indicating a challenging Q4 partly due to hurricane impact as well as difficulties in achieving higher pricing, the shares' valuation remains the most attractive among rail equities. The recovery in trucking rates is anticipated to be a key driver for a near-term increase in the share price.
The company reported Q3 earnings per share that aligned with the lowest estimate on the street but fell short of the average forecast. The outlook for Q4 indicates challenges ahead, including diminished international coal and fuel prices coupled with the adverse effects of Hurricanes Helene and Milton. Consequently, this has led to a revision of the previously lowest Q4 earnings per share prediction. Despite potential weakness in the stock and possible volume deficiencies hindering significant catalysts by the year's end, it is assessed that the current valuation represents a floor, with the potential for gains now surpassing the risks of further declines.
Hurricanes were highlighted as a significant factor during the company's Q3 results, with expectations for increased costs in Q4 due to the aftermath. The company's focus continues to be on regaining a track record of service with customers after the industry-wide challenges faced in 2022.
Here are the latest investment ratings and price targets for $CSX Corp (CSX.US)$ from 10 analysts:
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美东时间10月17日，多家华尔街大行更新了$CSX运输 (CSX.US)$的评级，目标价介于36美元至42美元。
美银证券分析师Ken Hoexter维持持有评级，维持目标价36美元。
巴克莱银行分析师Brandon Oglenski维持买入评级，维持目标价40美元。
Evercore分析师Jonathan Chappell维持买入评级，并将目标价从38美元下调至37美元。
BMO资本市场分析师Fadi Chamoun维持买入评级，并将目标价从40美元下调至39美元。
Loop Capital分析师Rick Paterson维持买入评级，并将目标价从43美元下调至42美元。
此外，综合报道，$CSX运输 (CSX.US)$近期主要分析师观点如下：
公司第三季度盈利低于预期，受复杂的宏观经济环境和不利产品结构影响。尽管预期需求会有所上升，但对于这种变化的时间尚不明确。此外，未来的盈利预测已经略有调整。
该公司第三季度盈利不及预期，并建议未来业绩前景下调主要是由于不利天气条件，预计第四季度将受到最近飓风事件的加剧影响。该展望表明短期内积极变化较小。预计公司管理层将在即将举行的投资者日上突出长期前景，但有一种观点认为股票可能会在近期面临下行压力。
在CSX报告第三季度结果略低于预期，并提供指引显示第四季度面临挑战，部分原因是受到飓风影响以及在实现更高定价方面遇到困难，股价估值仍然是所有铁路股票中最具吸引力的。货车运价的复苏预计将成为短期内股价增长的主要推动因素。
公司报告称第三季度每股收益与街头最低预期相符，但低于平均预测。第四季度前景显示前方有挑战，包括国际煤炭和燃料价格下降，再加上飓风海伦和米尔顿的不利影响。因此，这导致了先前最低第四季度每股收益预测的修订。尽管股票可能存在潜在弱点，可能的成交量不足可能会妨碍年底重大催化剂的出现，但当前估值被认为是一个底部，潜在收益现在超过进一步下跌的风险。
在公司报告的第三季度结果中，飓风被突显为一个重要因素，预计由于后续影响而导致第四季度成本增加。公司继续专注于与顾客重建服务记录，此前面临的2022年行业挑战。
以下为今日10位分析师对$CSX运输 (CSX.US)$的最新投资评级及目标价：
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