Today’s Stock: CSX Corporation (CSX)Today’s Stock: CSX Corporation (CSX)
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services in the United States and Canada. It operates through two segments: rail and trucking. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations.
It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns 3400 locomotives.
It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.
My Thoughts 💭My Thoughts 💭
If you live in America you seen a CSX rail boxcar in your life. Never knew they are a publicly traded company.
I understand why Ansel added this company to his portfolio they are major players in the shipping and rail business. Let’s take a look at the fundamentals!
At 55.4k sats per share ($70,905), and a 733 sat per share yearly dividend. It would take 75 years to break even.
The company trades at a PE 25 which means investors are paying $25 access $1 of earnings. A bit on the expensive side. Investors must be confident in their business model.
Let’s review some key fundamentals to determine if this stock is worth spending sats on.
PE:PE:
Expected Growth:Expected Growth:
Revenues and expenses:Revenues and expenses:
Balance Sheet:Balance Sheet:
Dividend:Dividend:
Bitcoin per share:Bitcoin per share:
NoneNone
Ownership breakdown :Ownership breakdown :
Leadership:Leadership:
The fundamentals of this company are terrible. The balance sheet is awful, the growth prospects are bad at this elevated valuation (projected grow slower than bitcoin), the pay dividends when they have a MASSIVE debt load.
The only positives are the profit margin and the free cash flow.
From a Bitcoiner perspective. Paying 55k sats for one share wouldn’t be the worse thing but I wouldn’t recommend it.
The fundamentals of this company are terrible and at an elevated valuation. Only railroad enthusiasts will give up sats to fund this overly indebted weak growth projection company
Here is the performance according to Simply Wall Street
I think Ansel must of went off name recognition over fundamentals to add this company to his portfolio.
Even with the re industrialization boom do you trust this leadership to capitalize? I don’t think so hard pass on this one!