CSX Corporation (CSX) Options

CSX, 10Q due Wednesday 4/16

CSX, new 52 week low

Is the drought in Panama creating any thoughts here?

I would rather think it's a "2 for one" split
since your getting
two additional shares for each one you now hold!

Railroad Stocks Fall Off The Track $CSX

Today, most of the leading railroad stocks are declining sharply lower after a very weak earnings report from CSX Corp (NYSE:CSX). The company said it expects revenue to fall by as much as 2.0% in 2019. Prior to this report, the company was forecasting an increase of 1.0 to 2.0%. Currently, CSX stock is declining lower by $8.52 (-10.50) to $71.05 a share. CSX stock is now trading below its 200-day moving average, this puts the stock in a weak technical position. Traders and investors must now watch for further downside in the coming days and weeks ahead. The next major support level for CSX stock will be around the $65.00 area. This level is where the 100-week moving average is currently and should be defended when tested. Other railroad stocks that are falling in sympathy to CSX Corp include Norfolk Southern Corp (NYSE:NSC), Union Pacific Corp (NYSE:UNP) and Kansas City Southern (NYSE:KSU).





Nicholas Santiago
InTheMoneyStocks

Bear Flag Breakdown Alert: CSX Corp $CSX

Shares of CSX Corp (CSX) just broke down from a bear flag formation. This signals sharp leg lower on the stock, culminating with a target of $64.50. A bear flag is a classic technical setup and formed following a reversal candle off all-time highs on CSX Corp. The break below the flag pattern triggers the next leg lower. See it in the chart below.




Gareth Soloway
InTheMoneyStocks

Short Trade: CSX Corp $CSX Hits Major Resistance On Earnings Pop

Shares of transportation company CSX Corp (CSX) jumped over 6% on earnings. However, the move took the stock into an upper-band trend line which has continued to cause pullbacks through the last few years. This implies this upside move in CSX Corp will be short lived and swing traders may actually want to short the stock here at $68.75. The downside target calculation signals a move to $60.00 in the coming months.




Gareth Soloway
InTheMoneyStocks

I still honestly see this going either way HH poor health was well known and board probably knows his plans by now so let us see what happens

CSX buyer at $49.78

#CSX-https://finance.yahoo.com/news/see-ihs-markit-score-report-120514628.html

#CSX-https://www.wthr.com/article/13-investigates-uncovers-startling-information-about-csx-freight-car-collision-near-downtown

#CSX-http://www.jconline.com/story/money/2017/08/29/amtrak-csx-ceo-hunter-harrison-wrong-and-things-arent-improving/610777001/?cookies=&from=global

#csx- Short interest up 2.5 million shares

#csx-https://www.google.com/amp/amp.newschannel5.com/2323674587/gory-csx-train-accident-linked-to-solar-eclipse.html

#csx-https://www.google.com/amp/amp.newschannel5.com/2323674587/gory-csx-train-accident-linked-to-solar-eclipse.html

https://finance.yahoo.com/video/midnight-csx-trains-aren-t-170109480.html?soc_src=community&soc_trk=ma

https://finance.yahoo.com/video/midnight-csx-trains-aren-t-170109480.html?soc_src=community&soc_trk=ma

https://www.platts.com/latest-news/coal/houston/murray-foresight-call-for-formal-us-stb-proceeding-21715748

Shorting this thing it will implode shortly, customers switching to trucks because of failure on csx, to deliver. Ceo blames train crews which is untrue this Ceo will collapse this stock soon enough

Like the hedge fund managers care about CSX, there only interest is making money letting this CEO do what ever he's wants cutting with total disregard for the long term health of the company he's got this money the hedge's have and are getting theirs question is what's left after this CEO is gone and the hedge Disappear ?

Wow special interest groups really don't like the new CSX CEO

Dozens of U.S. trade groups have asked federal rail regulators to investigate CSX Corp's "chronic service failures," saying problems at No. 3 U.S. railroad have rippled across the North American rail network, according to a letter seen by Reuters.

The letter, from the Rail Customer Coalition sent on Monday, is the latest challenge to CSX Chief Executive Hunter Harrison's effort to ramp up productivity at the Jacksonville, Florida-based railroad and fulfill investor expectations for substantially better financial performance.

The 44 trade groups, representing chemical and agricultural companies, steel and auto makers, and beer producers and importers, among other companies, told U.S. lawmakers on House and Senate Transportation committees "chronic service failures" could degrade the nation's broader rail network.

https://finance.yahoo.com/news/trade-groups-call-u-investigate-170020663.html

https://shar.es/1TV7BZ

Up 56 cents today, but your concerns are noted and I somewhat agree.

Hunter Harrison will kill the stock at csx losing customers at an alarming rate

I am long on CSX. I direct plan through their DRIP and reinvest dividends.

$CSX Corp (CSX) Falls On Earnings, Here Is The Downside Target Price...

Shares of CSX Corporation (NASDAQ:CSX) fell after the transport stock reported earnings that beat Wall Street expectations. Does it sound weird, it is falling on an earnings beat? Upon a closer look, some accounting maneuvers allowed for that beat. If you back out those shady dealings, CSX Corporation actually missed earnings. This explains why it is falling. Being a technical chart trader, I have been bearish on CSX Corporation. I just cannot make sense of a railroad stock trading at a 30 P/E ratio. Are we living in the late 1800's? On a technical chart basis, CSX Corporation had a significant breakdown today. The stock gapped below the daily 20, 50 moving averages as well as a major trend line (seen in the chart below). This signals further downside is very likely. I have a $47 target penciled in, and should be achieved within the next month or so. Once at $47, CSX Corporation should see a solid bounce higher.




Gareth Soloway
InTheMoneyStocks

Transport Sector Dumps, Is This A Warning Sign?

This morning, leading transportation stocks such as CSX Corporation(NASDAQ:CSX) and United Continental Holdings Inc(NYSE:UAL) are declining sharply after reporting earnings. These two transportation giants are putting pressure on the highly followed iShares Dow Jones Transport. Avg. (ETF)(NYSEARCA:IYT) which is trading lower by 1.40 percent today. Many traders and investors will track the transportation sector as a leading indicator for the overall market. At this time, the transport sector is still in an up-trend as it remains above its 50-day moving average on the daily chart. So today's decline is simply nothing more than a pullback at this time. This moving average is very important for the trend and is watched by many institutional traders. A daily chart close below the 50-day moving average could signal trouble for the transportation sector and the overall stock market.



Nicholas Santiago
InTheMoneyStocks

Well I read this quarter’s results and it all looks good so I'm not worried shake out the weak and I will buy more new highs coming!

This will be an educational event on Wed as we see how option sellers affect the stock price. 52.50 to 55.00 price spread my est.

As an employee I will say the sentiment is that he will be taking over as CEO. We are expecting major restructuring within the company, some of which already seems to be negotiating. I am not on the E-Team or even close to that level. Many employees have increased their allocation into CSX stock. All for what it's worth. Good luck trading!

CSX CORPORATION (NASDAQ:CSX) Files An 8-K Amendments to Articles of Incorporation or Bylaws https://marketexclusive.com/csx-corporation-nasdaqcsx-files-an-8-k-amendments-to-articles-of-incorporation-or-bylaws-change-in-fiscal-year/71626/?icd1

I don't have confirmation yet but heard a rumor yesterday that Cindy was dismissed from the board. If that is the case then Harrison is on his way.

What makes you think Harrison can just walk in and make a place for himself, he doesn't make enough money to justify this welcoming. Not even acquisition get this good of an action. This pop is absolutely over bought ! Way above price targets and valuation.

HEAVY Debt of $11.6 BILLION / Book Value laughable $11 / Revenue collapsing = Fantastic short opp here close at $44 ..Fair Value is $18-20 at best

Don't tell me you were short heading into the earnings report.

Congrats! Hope you hold untill today :)

CSX Corp trading at a 19% premium prior to earnings Tuesday:

Fair Value Analysis

$CSX Time to invest in Transportation. ..

$CSX Shares are rising 1.34% to $24.95 on Friday

http://stockpumpers.blogspot.com/2016/04/earning-report-due-next-tuesday-on-csx.html

Nasdaq announced that CSX ($CSX) will become a component of NASDAQ-100 Index and the NASDAQ-100 Equal Weighted Index prior to market open on Monday, February 22nd, 2016.

CSX +1.1% AH after beating Q3 earnings estimates as gains in price were offset by a combination of lower fuel recovery, a 3% volume decline and continued transition in its business mix.

Every category of freight hauled by CSX fell during Q3, but coal accounted for nearly half of the company's 8.7% Y/Y revenue drop, as coal revenue fell 19% to $583M from $721M a year earlier.

CSX (CSX +0.6%) is higher despite issuing a tepid outlook, saying Q3 freight volumes are trending below the company's expectations and will remain challenging through Q4 and beyond.

CSX exec Fredrik Eliasson tells a Cowen transporation conference that the railroad's overall volume YTD is down ~2%, with both domestic coal and merchandise markets tracking slightly below the company's original Q3 expectations.

CSX now expects full-year EPS growth in the mid-single digits, vs. a previous outlook for mid- to high-single digits, citing YTD coal freight volumes down 17% Y/Y and difficulties in the coal market that are expected to continue in Q4.

$CSX Still looks like $26.$$'s will be loading time...:-]

$CSX CSX Corp Chart








http://pamphletshop.com

CSX Corporation Announces All-Time Record Quarterly Financial Results

Highlights:

•Quarterly operating income more than $1 billion for the first time in company history

•All-time record operating ratio of 66.8 percent

•Improving service measurements and industry-leading safety results

JACKSONVILLE, Fla. - July 14, 2015 - CSX Corporation (NYSE: CSX) announced financial results for the second quarter of 2015, including net earnings of $553 million, or an all-time record $0.56 per share, an increase from $529 million, or $0.53 per share, in the second quarter of 2014.

Revenue declined 6 percent, as pricing gains were more than offset by the impact of lower fuel recovery, a 1 percent volume decline and changing business mix. At the same time, continued low fuel prices and savings from efficiency initiatives reduced expenses by 9 percent. As a result, CSX delivered record operating income of more than $1 billion for the quarter and a record-low operating ratio of 66.8 percent.

“While we saw challenges in a number of markets, CSX employees delivered an even safer, more reliable and more differentiated service product this quarter,” said Michael J. Ward, chairman and chief executive officer. “We expect the momentum in network performance we saw in the second quarter to accelerate, continuing to create value for our customers and shareholders.”

CSX expects to deliver mid-to-high single digit earnings per share growth for 2015, although the upper end of that range has become more challenging given the current energy environment. With low natural gas prices and high inventory levels continuing to reduce utility coal demand, CSX now expects domestic coal volume to decline by approximately 10 percent for 2015 and the outlook for export coal volume remains approximately 30 million tons for the year. The company also expects meaningful margin expansion as it progresses towards a full-year operating ratio in the mid-60s longer term.

CSX executives will conduct a quarterly earnings conference call with the investment community on July 15, 2015, from 8:30 a.m. to 9:30 a.m. Eastern time. Investors, media and the public may listen to the conference call by dialing 1-888-EARN-CSX FREE (888-327-6279 FREE) and asking for the CSX earnings call. Callers outside the U.S., dial 1-773-756-0199. Participants should dial in 10 minutes prior to the call. In conjunction with the call, a live webcast will be accessible and presentation materials will be posted on the company's website at http://investors.csx.com. Following the earnings call, an internet replay of the presentation will be archived on the company website.

This earnings announcement, as well as additional detailed financial information, is contained in the CSX Quarterly Financial Report available through the company’s website at http://investors.csx.com and on Form 8-K with the Securities and Exchange Commission.

I should have bought but was nervous with the coal mess. Nice beat though.

.56 vs .53 EST

CSX dividend paid out today

$CSX will break the MA 200 $25.23 .. soon.!