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$46.59+1.30%as of Sep 22, 2026
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CSX slipped -1.6% in a rail tape where UNP fell -1.1%, NSC fell -1.0% and FIP fell -1.0%; the move looks sector-led rather than company-specific, against intact growth and rich valuation.

CSX

CSX CORP

As of Sep 16, 2026

62/100

Worth keeping an eye onHealth Score

Why it moved

CSX closed down -1.6% while the S&P 500 fell -0.4% and the Nasdaq 100 was +0.0%, so the stock underperformed the market. Its peers were also weak — UNP -1.1%, NSC -1.0% and FIP -1.0% — which points to a rail-sector move as the primary cause, not a CSX-only event. The intraday path was weak from the open, with CSX opening at $48.02 and finishing at $47.9 after a low of $47.65, which fits a broad sector fade rather than a sharp reversal.

Normal volatility?

This looks like ordinary sector volatility rather than fundamental deterioration. CSX still shows revenue +2.5% YoY (TTM), latest quarter +10.1% YoY, EPS +6.4% YoY (TTM), with gross margin +71.5%, operating margin +34.1% and net margin +22.2%. Valuation is not cheap at PE 28.0 and forward PE 23.3, while PEG 2.22 indicates the stock is paying 2.22× its growth rate, so good execution is already partly priced in. Beta is 1.13, which supports modestly higher-than-market day-to-day swings. The analyst recommendation distribution is still skewed positive, with 7 strong-positive, 14 positive, 8 neutral, 1 negative and 0 strong-negative, so there is no sign here of a consensus downgrade-driven break in fundamentals.

Earnings preview

The next earnings date is 2026-10-15. The facts provided do not include formal consensus revenue or EPS estimates for that print, and they also do not show a prior post-earnings reaction pattern, so I cannot infer expectations beyond the current operating trend. What the market will be watching is whether revenue growth stays above the TTM +2.5% pace, whether the latest-quarter +10.1% revenue growth can persist, and whether margins can hold near gross +71.5%, operating +34.1% and net +22.2% as volume, pricing and cost control flow through.

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