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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美東時間10月18日，多家華爾街大行更新了$CSX運輸 (CSX.US)$的評級，目標價介於37美元至42美元。
摩根大通分析師Brian Ossenbeck維持買入評級，並將目標價從42美元下調至41美元。
花旗分析師Ariel Rosa維持買入評級，並將目標價從42美元下調至41美元。
巴克萊銀行分析師Brandon Oglenski維持買入評級，維持目標價40美元。
富瑞集團分析師Stephanie Moore維持持有評級，並將目標價從38美元下調至37美元。
Evercore分析師Jonathan Chappell維持買入評級，並將目標價從38美元下調至37美元。
此外，綜合報道，$CSX運輸 (CSX.US)$近期主要分析師觀點如下：
由於宏觀環境惡劣和產品結構不佳，公司第三季度收益未達預期。儘管需求有望增加，但預計需求增長的時間點一直延後。此外，未來幾個財政年度的每股收益預期也有輕微下調。
由於惡劣的天氣條件，公司第三季度收益未達預期，前景被削弱。預計第四季度結果將受到最近颶風的更顯著影響，暗示着缺乏即時的積極變化。預計CSX管理層將在即將舉行的投資者日突出長期機會，但認爲股價可能面臨短期下行壓力。
CSX報告顯示第三季度結果略低於預期，預測表明第四季度存在挑戰，部分原因是受到颶風影響，同時也源自於難以實現提高定價的困難。雖然公路運輸費率恢復可能對短期股價提振有所必要，但CSX被認爲是鐵路行業中估值最合理的公司之一。
由於國際煤炭和燃料價格下降以及最近風災的不利影響，公司第三季度每股收益與街頭最低預期保持一致，略低於平均預測。第四季度的前景暗示着前方挑戰，包括股價的短期下降和可能導致今年底不存在顯著催化劑的相關風險，但相信當前的估值構成了底部，暗示着增長潛力現在超過了進一步下降的風險。
颶風對CSX第三季度的業績產生了顯著影響，預料隨後第四季度一些成本將因此事件增加。然而，重點仍然在於CSX在行業普遍面臨的挑戰後，與其客戶逐步恢復可靠服務記錄。
以下爲今日10位分析師對$CSX運輸 (CSX.US)$的最新投資評級及目標價：
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