Csx Corporation Intrinsic Stock Value – CSX CORPORATION Reports Earnings for Q2 FY2023 on July 20, 2023
July 26, 2023
🌥️Earnings Overview
On July 20 2023, CSX CORPORATION ($NASDAQ:CSX) released its earnings results for the second quarter of FY2023, ending June 30 2023. The quarter saw total revenue of USD 3.7 billion, a 3.1% decrease from the same period in the preceding year. Net income for the quarter was USD 1.0 billion, which is a 15.3% decrease from the corresponding quarter in the prior year.
Share Price
On Thursday, July 20, 2023, CSX CORPORATION reported its earnings for the second quarter of fiscal year 2023. The stock opened at $34.0 and closed at $33.7, down by 0.3% from the previous day’s closing price of 33.8. The earnings report has caused many investors to take a closer look at the company’s financial performance and outlook for the upcoming quarter. In addition to its strong financial performance, CSX CORPORATION has also announced a strategic realignment of its operations in order to improve efficiency and reduce costs.
As CSX CORPORATION continues to strive for operational excellence and increased profitability, investors are hopeful that the company will continue to outperform expectations in the quarters ahead. With its strong financial performance in the second quarter, CSX CORPORATION may be on track for a successful year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Csx Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 15.03k | 4.11k | 26.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Csx Corporation. More…
| Operations | Investing | Financing |
| 5.57k | -2.09k | -3.25k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Csx Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 41.22k | 28.94k | 6.12 |
Key Ratios Snapshot
Some of the financial key ratios for Csx Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.1% | 10.5% | 40.8% |
| FCF Margin | ROE | ROA |
| 21.5% | 31.2% | 9.3% |
Analysis – Csx Corporation Intrinsic Stock Value
At GoodWhale, we’ve analyzed CSX CORPORATION’s financials and our proprietary Valuation Line suggests that the fair value of CSX CORPORATION is around $40.6 per share. In comparison, the current trading price is at $33.7, which is around 16.9% undervalued. Therefore, based on our analysis, we believe investing in CSX CORPORATION at this price presents an opportunity for investors. More…
Peers
CSX Corp is one of the largest railway companies in North America. Its competitors include Canadian Pacific Railway Ltd, Union Pacific Corp, and Canadian National Railway Co. CSX operates primarily in the eastern United States, while Canadian Pacific and Union Pacific operate in the western United States and Canada, respectively. Canadian National Railway is the largest railway company in Canada.
– Canadian Pacific Railway Ltd ($TSX:CP)
Canadian Pacific Railway Ltd is a Canadian transcontinental railway company. Its market cap is $90.72B as of 2022 and its ROE is 6.42%. The company operates approximately 20,000 route miles of track in Canada and the United States. CP provides rail service through a network of approximately 12,400 miles of track. CP also transports bulk commodities, intermodal traffic, and finished goods.
– Union Pacific Corp ($NYSE:UNP)
Union Pacific Corporation is an American railroad operator and holding company headquartered in Omaha, Nebraska. As of 2020, it is the largest railroad operator in North America by revenue and the largest operator of freight trains in the United States by fleet size. The company operates eight major railroad networks serving different regions of the country.
– Canadian National Railway Co ($TSX:CNR)
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers we serve and to the shareholders who own us, CN safely and efficiently moves people and the products they rely upon, connecting communities and powering the global economy. We strive to be the essential link in the supply chains of the industries that drive the world’s economy.
CN is a public company with a market capitalization of $106.08 billion as of 2022. The company has a return on equity of 20.67%. CN is a transportation company that operates a railroad system in Canada and the United States. The company transports a variety of goods, including crude oil, agricultural products, and manufactured goods.
Summary
CSX CORPORATION‘s second quarter of FY2023 has been a challenging one, with total revenue and net income falling by 3.1% and 15.3% respectively compared to the same period the year prior. Investors may want to tread cautiously as this could be a sign of a larger decline in the industry, or suggest that the company may need to adjust its strategy in order to remain competitive. Nevertheless, investors should keep an eye on the company’s future performance to confirm whether the current numbers are anomalous or the start of a long-term downward trend.
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