|Bid||94.61 x 0|
|Ask||95.58 x 0|
|Day's range||94.92 - 94.92|
|52-week range||79.13 - 104.44|
|PE ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
Railroads are a capital-intensive industry with little support from the government. Rail carriers (XTN) need to invest a lot to upkeep their tracks running and create new tracks.
CSX (CSX) is covered by 27 analysts. After the company’s 3Q17 earnings, one analyst changed recommendations on CSX’s stock from “hold” to “strong buy.”
In 3Q17, CSX (CSX) saw a 90-basis-point rise in its operating margin. The company’s margin expanded to 31.9% from 31% in the third quarter of 2016.
In this part of our series, we’ll analyze CSX’s (CSX) coal revenue in 3Q17. Coal’s share of the company’s overall 3Q17 revenue rose to 18.7% from 17.2% last year.
Last week, Union Pacific saw a 1.4% decline in its railcar volumes. UNP carried ~96,000 carloads, compared with ~98,000 units in the same week last year.
Last week, BNSF’s railcar traffic expanded only 1%, reaching 99,500 railcars, compared with 98,600 units in the week ended September 25, 2016.
Union Pacific (UNP) recorded a rise of 0.6% in railcar volumes in last week, reaching ~94,000, compared with 93,700 units in the same week last year.
The latest weekly freight data figures by the Association of American Railroads indicate that freight volumes are way below levels recorded in 2014.
With NAFTA renegotiations approaching, Union Pacific CEO Lance Fritz has chimed in with his desire to modernize the trade agreement.
U.S. stocks fell on Thursday, continuing to pull back from the post-election rally, on investor caution ahead of Donald Trump's inauguration as president on Friday. The S&P 500 is up 5.8 percent since the vote.