CSX (CSX) Is Today's Unusual Social Activity Stock
Trade-Ideas LLC identified
(
) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified CSX as such a stock due to the following factors:
- CSX has 16x the normal benchmarked social activity for this time of the day compared to its average of 1.81 mentions/day.
- CSX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $206.6 million.
Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.
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More details on CSX:
CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. The stock currently has a dividend yield of 2.8%. CSX has a PE ratio of 13. Currently there are 8 analysts that rate CSX a buy, 3 analysts rate it a sell, and 7 rate it a hold.
The average volume for CSX has been 7.2 million shares per day over the past 30 days. CSX has a market cap of $24.7 billion and is part of the services sector and transportation industry. The stock has a beta of 1.13 and a short float of 0.9% with 1.04 days to cover. Shares are up 2.3% year-to-date as of the close of trading on Friday.
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Analysis:
rates CSX as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
Highlights from the ratings report include:
- The debt-to-equity ratio is somewhat low, currently at 0.91, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.20, which illustrates the ability to avoid short-term cash problems.
- Net operating cash flow has slightly increased to $754.00 million or 9.27% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -3.20%.
- 38.85% is the gross profit margin for CSX CORP which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 13.59% trails the industry average.
- Regardless of the drop in revenue, the company managed to outperform against the industry average of 13.9%. Since the same quarter one year prior, revenues fell by 13.5%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
- You can view the full CSX Ratings Report.
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