Freightcar America (NASDAQ:RAIL) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Key Points

• Freightcar America reported quarterly earnings of $0.09 EPS, missing the consensus estimate of $0.14 by $0.05.
• The company experienced a negative return on equity of 18.77% and a negative net margin of 2.79%.
• Despite missing earnings expectations, shares of Freightcar America traded up to $9.92, with a market cap of $188.88 million.

Freightcar America (NASDAQ:RAIL - Get Free Report) released its quarterly earnings data on Monday. The transportation company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.05), Zacks reports. Freightcar America had a negative return on equity of 18.77% and a negative net margin of 2.79%. Freightcar America updated its FY 2025 guidance to EPS.

Freightcar America Price Performance

Shares of RAIL stock traded up $0.12 during trading hours on Monday, reaching $9.92. 232,392 shares of the company traded hands, compared to its average volume of 226,910. Freightcar America has a 12-month low of $3.12 and a 12-month high of $16.10. The company has a market cap of $188.88 million, a P/E ratio of -10.67 and a beta of 1.85. The firm has a 50-day moving average price of $9.40 and a 200 day moving average price of $8.43.

Insider Buying and Selling at Freightcar America

In related news, insider Celia Perez sold 7,982 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $8.59, for a total value of $68,565.38. Following the transaction, the insider directly owned 50,326 shares of the company's stock, valued at approximately $432,300.34. The trade was a 13.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 28.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC lifted its holdings in Freightcar America by 13.1% in the 1st quarter. Jane Street Group LLC now owns 108,724 shares of the transportation company's stock worth $601,000 after purchasing an additional 12,610 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Freightcar America by 58.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 106,656 shares of the transportation company's stock worth $590,000 after purchasing an additional 39,506 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Freightcar America in the 1st quarter worth approximately $61,000. Finally, Cubist Systematic Strategies LLC purchased a new position in Freightcar America in the 1st quarter worth approximately $147,000. 31.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on RAIL shares. Northcoast Research started coverage on Freightcar America in a research note on Thursday, May 1st. They set a "buy" rating and a $9.00 price target for the company. Wall Street Zen downgraded Freightcar America from a "buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

About Freightcar America

FreightCar America, Inc, through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates in two segments, Manufacturing and Parts. The company offers a range of railcars, including open top hoppers, mill gondola cars, intermodal and non-intermodal flat cars, coal cars; bulk commodity cars covered hopper cars, coil steel cars, boxcars, woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars.

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