CSX Corporation (CSX, Financial) is seeing heightened activity in its options market ahead of its upcoming earnings announcement. The pre-earnings options volume is running at 1.3 times the normal rate, with put options outpacing call options at a ratio of 5:2.
This elevated options activity suggests that investors are preparing for potential volatility following the earnings release. Current implied volatility indicates that the market is anticipating a price movement of approximately 4.1%, or $1.12, post-earnings. For context, the median stock price movement for CSX over the last eight quarters has been 2.8% after earnings reports.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 25 analysts, the average target price for CSX Corp (CSX, Financial) is $34.29 with a high estimate of $38.00 and a low estimate of $27.00. The average target implies an upside of 25.00% from the current price of $27.44. More detailed estimate data can be found on the CSX Corp (CSX) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, CSX Corp's (CSX, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CSX Corp (CSX, Financial) in one year is $35.53, suggesting a upside of 29.51% from the current price of $27.435. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CSX Corp (CSX) Summary page.
