Noble Financial Brokers Raise Earnings Estimates for RAIL

Key Points

• Noble Financial raised FreightCar America’s Q1 2027 earnings estimate to $0.18 per share from $0.15, while full-year consensus earnings remain $0.40 per share.
• Analyst sentiment is broadly negative: Weiss Ratings downgraded the stock to “sell,” Zacks Research lowered it to “strong sell,” and MarketBeat reports an average “Sell” rating.
• FreightCar America reported a quarterly loss of $0.02 per share despite revenue of $113.14 million exceeding analysts’ $110.41 million forecast. Shares opened at $7.94, near the lower end of their 52-week range.

Freightcar America, Inc. (NASDAQ:RAIL - Free Report) - Noble Financial increased their Q1 2027 earnings estimates for shares of Freightcar America in a report released on Wednesday, August 5th. Noble Financial analyst M. Reichman now anticipates that the transportation company will post earnings of $0.18 per share for the quarter, up from their previous estimate of $0.15. The consensus estimate for Freightcar America's current full-year earnings is $0.40 per share.

Several other equities analysts also recently weighed in on RAIL. Weiss Ratings downgraded Freightcar America from a "hold (c)" rating to a "sell (d)" rating in a research report on Tuesday, August 4th. Zacks Research cut Freightcar America from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 14th. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of "Sell".

Freightcar America Price Performance

Shares of NASDAQ:RAIL opened at $7.94 on Monday. The company has a market cap of $260.35 million, a P/E ratio of -14.70 and a beta of 1.48. The company has a quick ratio of 1.12, a current ratio of 1.81 and a debt-to-equity ratio of 2.70. Freightcar America has a 52 week low of $7.27 and a 52 week high of $14.90. The business has a fifty day simple moving average of $8.38 and a 200-day simple moving average of $9.45.

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its holdings in Freightcar America by 208.6% in the third quarter. BNP Paribas Financial Markets now owns 2,935 shares of the transportation company's stock valued at $29,000 after acquiring an additional 1,984 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Freightcar America by 2,843.5% in the 4th quarter. Royal Bank of Canada now owns 4,062 shares of the transportation company's stock valued at $45,000 after purchasing an additional 3,924 shares in the last quarter. Quarry LP purchased a new stake in shares of Freightcar America during the 3rd quarter worth about $53,000. Dynamic Technology Lab Private Ltd acquired a new stake in Freightcar America during the 1st quarter worth approximately $61,000. Finally, State of Wyoming acquired a new stake in Freightcar America during the 2nd quarter worth approximately $63,000. 31.96% of the stock is owned by hedge funds and other institutional investors.

About Freightcar America

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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