Noble Financial Has Negative Estimate for RAIL Q1 Earnings

Key Points

• Noble Financial has revised its Q1 2026 earnings per share (EPS) estimate for FreightCar America down to $0.09, a significant reduction from the previous forecast of $0.17.
• Investment firm Wall Street Zen downgraded FreightCar America's stock from a "buy" to a "hold" rating, although the average rating remains "Buy" with a consensus target price of $9.00.
• Insider Celia Perez sold nearly 8,000 shares of FreightCar America, decreasing her position by over 13%, amid a backdrop of increasing interest from institutional investors.

Freightcar America, Inc. (NASDAQ:RAIL - Free Report) - Stock analysts at Noble Financial cut their Q1 2026 EPS estimates for Freightcar America in a report released on Thursday, September 18th. Noble Financial analyst M. Reichman now forecasts that the transportation company will post earnings per share of $0.09 for the quarter, down from their previous estimate of $0.17. The consensus estimate for Freightcar America's current full-year earnings is $0.09 per share. Noble Financial also issued estimates for Freightcar America's Q2 2026 earnings at $0.13 EPS.

Separately, Wall Street Zen downgraded shares of Freightcar America from a "buy" rating to a "hold" rating in a research report on Saturday. One analyst has rated the stock with a Buy rating, According to MarketBeat, Freightcar America has an average rating of "Buy" and an average target price of $9.00.

Freightcar America Price Performance

Shares of RAIL stock traded up $0.84 on Monday, hitting $9.94. 329,608 shares of the stock traded hands, compared to its average volume of 125,729. The firm has a market cap of $190.15 million, a price-to-earnings ratio of 24.59 and a beta of 1.95. Freightcar America has a 52 week low of $4.31 and a 52 week high of $16.10. The firm has a 50 day simple moving average of $9.37 and a two-hundred day simple moving average of $7.94.

Hedge Funds Weigh In On Freightcar America

Institutional investors and hedge funds have recently made changes to their positions in the business. Millennium Management LLC raised its position in shares of Freightcar America by 170.7% during the 4th quarter. Millennium Management LLC now owns 140,108 shares of the transportation company's stock valued at $1,255,000 after buying an additional 88,356 shares in the last quarter. Man Group plc purchased a new stake in Freightcar America during the fourth quarter valued at approximately $480,000. Russell Investments Group Ltd. lifted its stake in shares of Freightcar America by 435.5% in the 1st quarter. Russell Investments Group Ltd. now owns 141,337 shares of the transportation company's stock valued at $782,000 after purchasing an additional 114,945 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of Freightcar America in the 1st quarter valued at approximately $74,000. Finally, Two Sigma Investments LP bought a new position in Freightcar America during the fourth quarter valued at $254,000. 31.96% of the stock is owned by hedge funds and other institutional investors.

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 on Tuesday, June 24th. The shares were sold at an average price of $8.59, for a total value of $68,565.38. Following the sale, the insider owned 50,326 shares in the company, valued at approximately $432,300.34. The trade was a 13.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 28.70% of the company's stock.

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.