CSX Corp (CSX): Today's Featured Transportation Laggard

CSX (CSX) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 1.1%. By the end of trading, CSX fell 12 cents (-0.5%) to $22.82 on light volume. Throughout the day, four million shares of CSX exchanged hands as compared to its average daily volume of 7.5 million shares. The stock ranged in price between $22.79-$23.21 after having opened the day at $23.15 as compared to the previous trading day's close of $22.94. Other company's within the Transportation industry that declined today were: Con-way (CNW), down 14.9%, Arkansas Best Corporation (ABFS), down 14.3%, Overseas Shipholding Group (OSG), down 9%, and JetBlue Airways Corporation (JBLU), down 7.7%.

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CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail service and the transport of intermodal containers and trailers. CSX has a market cap of $23.81 billion and is part of the services sector. The company has a P/E ratio of 12.9, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 8.7% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate CSX a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, attractive valuation levels, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

• You can view the full CSX Ratings Report.

• Use our transportation section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation (IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials (SIJ).

• Find other investment ideas from our top rated ETFs lists.

For more information on CSX Corp click any of the following:

• CSX Corp Stock Price

• CSX Corp Analyst Ratings

• CSX Corp Key Stats & Profile

• CSX Corp Earnings

• CSX Corp Ratio Comparison

• CSX Corp Growth Rates

• CSX Corp Balance Sheet

• CSX Corp Cash Flow

• CSX Corp Income Statement