FreightCar America (RAIL) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FreightCar America in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RAIL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RAIL, but not buy additional shares or sell existing shares.
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2 Wall Street research analysts have issued 1 year target prices for FreightCar America's stock. Their RAIL share price forecasts range from $3.00 to $6.00. On average, they expect the company's stock price to reach $4.67 in the next twelve months. This suggests a possible upside of 66.7% from the stock's current price.
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FreightCar America's stock was trading at $3.20 at the beginning of the year. Since then, RAIL stock has decreased by 12.5% and is now trading at $2.80.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our RAIL earnings forecast.

FreightCar America, Inc. (NASDAQ:RAIL) posted its quarterly earnings data on Wednesday, May, 10th. The transportation company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by $0.01. The transportation company had revenue of $81 million for the quarter. During the same quarter in the prior year, the company earned ($0.22) earnings per share.

FreightCar America updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $400.00 million-$430.00 million, compared to the consensus revenue estimate of $429.50 million.

19 employees have rated FreightCar America Chief Executive Officer Edward J. Whalen on Glassdoor.com. Edward J. Whalen has an approval rating of 42% among the company's employees. This puts Edward J. Whalen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other FreightCar America investors own include BMO Capital Markets (), Stifel Nicolaus (), Wunderlich (), Standpoint Research (), Duncan Williams (), Soleil Securities (), Sterne Agee CRT (), Robert W. Baird (), Wellington Shields () and Macquarie ().

FreightCar America trades on the NASDAQ under the ticker symbol "RAIL."

FreightCar America's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.33%), UBS Group AG (0.22%), Group One Trading L.P. (0.00%), JPMorgan Chase & Co. (0.08%), Bank of America Corp DE (0.07%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Benavides Alejandro Gil, Benavides Jesus Salvador Gil, James R Meyer, Michael Anthony Riordan, Nigris Felan Jose De and W Matthew Tonn.
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Shares of RAIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RAIL stock can currently be purchased for approximately $2.80.

FreightCar America (NASDAQ:RAIL) has a market capitalization of $49.56 million and generates $364.75 million in revenue each year. The transportation company earns $-38,850,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis.

The company employs 1,435 workers across the globe.

FreightCar America's mailing address is 125 S. WACKER DRIVE SUITE 1500, CHICAGO IL, 60606. The official website for the company is www.freightcaramerica.com. The transportation company can be reached via phone at (312) 458-2235, via email at rail@alpha-ir.com, or via fax at 312-928-0890.