On Oct 18, major Wall Street analysts update their ratings for $CSX Corp (CSX.US)$, with price targets ranging from $37 to $42.
J.P. Morgan analyst Brian Ossenbeck maintains with a buy rating, and adjusts the target price from $42 to $41.
Citi analyst Ariel Rosa maintains with a buy rating, and adjusts the target price from $42 to $41.
Barclays analyst Brandon Oglenski maintains with a buy rating, and maintains the target price at $40.
Jefferies analyst Stephanie Moore maintains with a hold rating, and adjusts the target price from $38 to $37.
Evercore analyst Jonathan Chappell maintains with a buy rating, and adjusts the target price from $38 to $37.
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 fell short of expectations due to a difficult macro environment and an unfavorable product mix, which impacted the results. Although there is a potential for a demand increase, the forecast for when this will occur keeps extending further into the future. Additionally, there have been slight reductions in the earnings per share estimates for the upcoming fiscal years.
The company's Q3 earnings did not meet expectations and the outlook appears to be diminished mainly due to adverse weather conditions. It is anticipated that Q4 results will experience a more significant impact from recent hurricanes, indicating a lack of immediate positive changes. It is expected that CSX management will highlight long-term opportunities at the forthcoming Investor Day, yet it is believed that share prices may face downward pressure in the short run.
CSX has reported Q3 results that were marginally below expectations, coupled with forecasts suggesting a challenging Q4, in part due to the impact of hurricanes but also stemming from difficulties in achieving increased pricing. While a recovery in trucking rates may be necessary to elevate the share price in the near-term, CSX is considered to be the most reasonably priced among its peers in the rail sector.
The company's Q3 EPS aligned with the lowest estimates on the street, missing the average forecast slightly. The outlook for Q4 suggests challenges ahead including decreased international coal and fuel prices, along with the adverse effects of recent hurricanes. Despite these factors, which may lead to a near-term dip in stock value and potential absence of significant catalysts by year-end, it is believed that the current valuation represents a floor, suggesting that potential for growth now surpasses the risk for further decline.
The firm has observed that hurricanes significantly influenced CSX's third-quarter results and anticipates a subsequent increase in some fourth-quarter costs due to these events. However, the main focus remains on CSX's progressive restoration of a reliable service track record with its customers after the widespread industry 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18日，多家华尔街大行更新了$CSX运输 (CSX.US)$的评级，目标价介于37美元至42美元。
摩根大通分析师Brian Ossenbeck维持买入评级，并将目标价从42美元下调至41美元。
花旗分析师Ariel Rosa维持买入评级，并将目标价从42美元下调至41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。
富瑞集团分析师Stephanie Moore维持持有评级，并将目标价从38美元下调至37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。
此外，综合报道，$CSX运输 (CSX.US)$近期主要分析师观点如下：
由于宏观环境困难和产品组合不利，该公司第三季度收益未达预期。尽管存在需求增加的潜力，但这一预测发生的时间一直在不断延长。此外，未来财政年度的每股收益预期也略有下调。
该公司第三季度收益未达预期，展望受不利天气条件影响而显著减弱。预计第四季度的业绩将受到最近飓风的更大影响，表明立即积极变化的缺失。预计CSX管理层将在即将到来的投资者日突出长期机会，但可能面临短期内股价下行压力。
CSX公布的第三季度业绩略低于预期，预测显示第四季度具有挑战性，部分原因是受到飓风影响，同时也源自于实现价格增长困难。尽管公路运输费率的复苏可能对近期股价提振必不可少，但CSX被认为是铁路板块中同行中定价最合理的公司。
该公司第三季度每股收益与街头上最低预期相符，略低于平均预测。第四季度的展望表明前方挑战重重，包括国际煤价和燃料价格下降，以及最近飓风的不利影响。尽管这些因素可能导致股票价值短期下降，以及年底可能缺乏重大催化剂，但目前估值被认为是底部，表明增长潜力现在超过了进一步下跌的风险。
该公司发现飓风明显影响了CSX的第三季度业绩，预计由于这些事件，第四季度某些成本将出现增加。然而，主要关注点仍然是CSX在2022年面临行业普遍挑战后，与客户建立可靠服务记录的持续恢复。
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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