Freightcar America, Inc. (NASDAQ:RAIL – Free Report) – Equities researchers at Noble Financial issued their Q1 2027 EPS estimates for Freightcar America in a research report issued on Wednesday, July 8th. Noble Financial analyst M. Reichman anticipates that the transportation company will post earnings per share of $0.15 for the quarter. The consensus estimate for Freightcar America’s current full-year earnings is $0.40 per share. Noble Financial also issued estimates for Freightcar America’s Q3 2027 earnings at $0.18 EPS.
RAIL has been the topic of several other research reports. Wall Street Zen downgraded Freightcar America from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Freightcar America in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.
Freightcar America Stock Performance
Shares of NASDAQ RAIL opened at $8.24 on Friday. Freightcar America has a fifty-two week low of $7.27 and a fifty-two week high of $14.90. The company has a market cap of $157.71 million, a price-to-earnings ratio of 11.14 and a beta of 1.44. The business’s 50 day moving average price is $8.34 and its 200-day moving average price is $9.91.
Freightcar America (NASDAQ:RAIL – Get Free Report) last announced its earnings results on Monday, May 4th. The transportation company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.06). The business had revenue of $64.31 million for the quarter, compared to analysts’ expectations of $74.60 million. Freightcar America had a net margin of 6.25% and a negative return on equity of 15.56%.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Hillsdale Investment Management Inc. lifted its stake in shares of Freightcar America by 708.2% during the 4th quarter. Hillsdale Investment Management Inc. now owns 290,954 shares of the transportation company’s stock worth $3,221,000 after purchasing an additional 254,954 shares during the last quarter. Marshall Wace LLP grew its stake in Freightcar America by 92.4% in the fourth quarter. Marshall Wace LLP now owns 446,420 shares of the transportation company’s stock valued at $4,942,000 after purchasing an additional 214,397 shares during the last quarter. Walleye Capital LLC grew its stake in Freightcar America by 907.4% in the fourth quarter. Walleye Capital LLC now owns 170,830 shares of the transportation company’s stock valued at $1,891,000 after purchasing an additional 153,872 shares during the last quarter. Essex Investment Management Co. LLC raised its holdings in Freightcar America by 68.7% in the fourth quarter. Essex Investment Management Co. LLC now owns 346,144 shares of the transportation company’s stock worth $3,832,000 after purchasing an additional 140,946 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in Freightcar America by 161.9% in the fourth quarter. Millennium Management LLC now owns 153,172 shares of the transportation company’s stock worth $1,696,000 after purchasing an additional 94,694 shares in the last quarter. 31.96% of the stock is owned by institutional investors.
Freightcar America Company Profile
FreightCar America, Inc is a designer and manufacturer of specialized railroad freight cars, offering a diverse range of products that include tank cars, open and covered hoppers, gondolas, boxcars and centerbeam lumber cars. The company supports both new car construction and the rebuilding of existing fleets, providing custom engineering solutions to meet customer specifications and industry regulations. FreightCar America also supplies aftermarket parts, maintenance services and component remanufacturing for its own fleet and for third-party car owners.
Headquartered in Chicago, Illinois, FreightCar America traces its origins to early 20th-century railcar builders and began trading as an independent, publicly-listed company on the NASDAQ under the ticker RAIL following a spin-off in 2010.
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