CSX Corporation (CSX, Financial) has announced its earnings for the first quarter, reporting revenues of $3.42 billion, which fell short of the market consensus of $3.45 billion. The company also experienced a slight decline in total volume, with 1.52 million units shipped, registering a 1% drop compared to the same period in 2024.
Joe Hinrichs, the President and CEO of CSX, acknowledged that the company faced several operational challenges early in the year. These difficulties prevented the company from meeting its performance expectations. In response, CSX is implementing strategic measures to enhance operations and improve efficiencies despite ongoing uncertainties in the market environment.
One of the key challenges highlighted was the impact of two significant infrastructure projects that have caused network constraints. CSX is working diligently to address these issues, focusing on maintaining safe and reliable service to its customer base.
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 25.39% from the current price of $27.35. 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 29.91% from the current price of $27.35. 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.
