Noble Financial Issues Negative Forecast for RAIL Earnings

Key Points

• Noble Financial lowered FreightCar America’s Q3 2026 EPS forecast to a loss of $0.15 per share from a prior estimate of $0.16 profit. The firm forecasts a full-year 2026 loss of $0.11 per share, followed by $0.33 in earnings for 2027.
• FreightCar America reported a quarterly loss of $0.02 per share despite revenue of $113.14 million, which exceeded analyst expectations. The company continues to report negative net margin and return on equity.
• Analyst sentiment is negative: Zacks Research downgraded the stock to “strong sell,” Weiss Ratings rates it “sell,” and MarketBeat reports an average rating of “Sell.”

Freightcar America, Inc. (NASDAQ:RAIL - Free Report) - Analysts at Noble Financial cut their Q3 2026 EPS estimates for shares of Freightcar America in a research report issued on Wednesday, October 21st. Noble Financial analyst M. Reichman now expects that the transportation company will post earnings of ($0.15) per share for the quarter, down from their prior forecast of $0.16. The consensus estimate for Freightcar America's current full-year earnings is $0.21 per share. Noble Financial also issued estimates for Freightcar America's Q4 2026 earnings at $0.16 EPS, FY2026 earnings at ($0.11) EPS, Q1 2027 earnings at $0.05 EPS, Q2 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.11 EPS, Q4 2027 earnings at $0.08 EPS and FY2027 earnings at $0.33 EPS.

Freightcar America (NASDAQ:RAIL - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The transportation company reported ($0.02) earnings per share for the quarter. The business had revenue of $113.14 million during the quarter, compared to analysts' expectations of $110.41 million. Freightcar America had a negative net margin of 2.69% and a negative return on equity of 15.23%.

Several other analysts have also recently commented on the stock. Zacks Research cut shares of Freightcar America from a "hold" rating to a "strong sell" rating in a research note on Wednesday. Weiss Ratings downgraded Freightcar America from a "hold (c)" rating to a "sell (d)" rating in a research report on Tuesday, August 4th. Two investment analysts have rated the stock with a Sell rating. According to MarketBeat.com, Freightcar America presently has an average rating of "Sell".

Freightcar America Price Performance

RAIL stock opened at $4.30 on Friday. Freightcar America has a 1 year low of $3.85 and a 1 year high of $14.90. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.12 and a current ratio of 1.81. The stock's 50 day moving average price is $6.73 and its 200 day moving average price is $7.77. The firm has a market cap of $141.00 million, a P/E ratio of -7.96 and a beta of 1.42.

Institutional Investors Weigh In On Freightcar America

Several institutional investors and hedge funds have recently made changes to their positions in RAIL. BlackRock Inc. bought a new position in Freightcar America in the second quarter worth about $9,338,000. Penn Capital Management Company LLC grew its holdings in shares of Freightcar America by 134.7% during the second quarter. Penn Capital Management Company LLC now owns 339,200 shares of the transportation company's stock valued at $3,304,000 after purchasing an additional 194,684 shares during the last quarter. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of Freightcar America during the 2nd quarter worth approximately $3,584,000. Nwam LLC acquired a new stake in shares of Freightcar America during the 2nd quarter worth approximately $3,123,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Freightcar America in the 2nd quarter worth approximately $1,087,000. 31.96% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Freightcar America

Here are the key news stories impacting Freightcar America this week:

• Positive Sentiment: FreightCar America acquired Trinity Equipment Co., a move that could broaden its product portfolio, customer relationships, and long-term growth opportunities. Financial terms and the expected earnings contribution were not disclosed. FreightCar America acquires Trinity Equipment Co.

About Freightcar America

FreightCar America, Inc is a railcar manufacturer that has historically designed and produced freight transportation equipment for the North American rail industry. Its customers have included railroads, railcar leasing companies and industrial shippers that use specialized railcars to move bulk commodities, manufactured goods and other freight.

The company's product portfolio has included aluminum-bodied open-top hopper cars, gondolas, covered hopper cars, boxcars, coil cars, flatcars and intermodal railcars.

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