Sidoti Csr Predicts Lower Earnings for FreightCar America

FreightCar America, Inc. (NASDAQ:RAIL - Free Report) - Sidoti Csr lowered their Q1 2025 earnings per share (EPS) estimates for FreightCar America in a research note issued on Friday, April 25th. Sidoti Csr analyst B. Mccarthy now anticipates that the transportation company will earn $0.11 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for FreightCar America's current full-year earnings is $0.09 per share.

FreightCar America (NASDAQ:RAIL - Get Free Report) last released its quarterly earnings results on Wednesday, March 12th. The transportation company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.05 by $0.16. FreightCar America had a negative return on equity of 27.10% and a negative net margin of 20.66%. The firm had revenue of $137.70 million during the quarter, compared to analyst estimates of $152.02 million.

Several other research analysts have also commented on RAIL. StockNews.com lowered shares of FreightCar America from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, March 26th. Northcoast Research started coverage on FreightCar America in a research report on Thursday. They set a "buy" rating and a $9.00 price target on the stock.

FreightCar America Price Performance

Shares of RAIL stock traded up $0.25 during mid-day trading on Monday, hitting $6.22. 43,386 shares of the stock traded hands, compared to its average volume of 257,410. FreightCar America has a 52-week low of $3.02 and a 52-week high of $16.10. The stock has a market cap of $118.54 million, a P/E ratio of -1.46 and a beta of 2.02. The stock's fifty day moving average is $6.12 and its two-hundred day moving average is $9.42.

Institutional Investors Weigh In On FreightCar America

A number of large investors have recently modified their holdings of the business. Ancora Advisors LLC purchased a new stake in FreightCar America during the 4th quarter worth approximately $2,711,000. Marshall Wace LLP acquired a new stake in shares of FreightCar America during the fourth quarter worth $2,399,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of FreightCar America by 125.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 389,018 shares of the transportation company's stock valued at $3,486,000 after buying an additional 216,307 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of FreightCar America by 128.5% in the 4th quarter. Renaissance Technologies LLC now owns 282,200 shares of the transportation company's stock valued at $2,529,000 after acquiring an additional 158,700 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position in shares of FreightCar America by 90.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 188,369 shares of the transportation company's stock valued at $1,688,000 after acquiring an additional 89,471 shares during the period. Hedge funds and other institutional investors own 31.96% 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.