Noble Financial Has Pessimistic Outlook of RAIL Q2 Earnings

Freightcar America, Inc. (NASDAQ:RAIL - Free Report) - Research analysts at Noble Financial cut their Q2 2025 earnings per share estimates for shares of Freightcar America in a research report issued to clients and investors on Friday, June 13th. Noble Financial analyst M. Reichman now expects that the transportation company will post earnings of $0.02 per share for the quarter, down from their previous forecast of $0.03. The consensus estimate for Freightcar America's current full-year earnings is $0.09 per share.

A number of other equities research analysts have also recently weighed in on RAIL. Northcoast Research began coverage on Freightcar America in a report 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 report on Wednesday, May 7th.

Freightcar America Stock Performance

Shares of NASDAQ RAIL traded down $0.15 during mid-day trading on Monday, hitting $8.37. 107,965 shares of the stock were exchanged, compared to its average volume of 280,728. The company has a market cap of $159.36 million, a P/E ratio of -9.00 and a beta of 1.90. Freightcar America has a twelve month low of $3.02 and a twelve month high of $16.10. The stock's fifty day simple moving average is $6.98 and its two-hundred day simple moving average is $8.37.

Institutional Investors Weigh In On Freightcar America

Several institutional investors have recently added to or reduced their stakes in RAIL. Globeflex Capital L P acquired a new stake in shares of Freightcar America in the 4th quarter valued at about $69,000. Quantbot Technologies LP grew its stake in Freightcar America by 80.8% in the fourth quarter. Quantbot Technologies LP now owns 8,128 shares of the transportation company's stock valued at $73,000 after purchasing an additional 3,632 shares in the last quarter. Mechanics Financial Corp bought a new position in Freightcar America in the first quarter valued at approximately $55,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Freightcar America during the 1st quarter worth approximately $61,000. Finally, Walleye Capital LLC bought a new stake in shares of Freightcar America during the 1st quarter worth approximately $74,000. 31.96% of the stock is owned by institutional investors.

Freightcar America Company Profile

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.