Should I buy or sell FreightCar America stock right now?

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. View RAIL analyst ratings or view top-rated stocks .

What is FreightCar America's stock price target for 2024?

2 brokers have issued 12 month price targets for FreightCar America's stock. Their RAIL share price targets range from $3.50 to $5.00. On average, they anticipate the company's share price to reach $4.25 in the next year. This suggests a possible upside of 77.1% from the stock's current price. View analysts price targets for RAIL or view top-rated stocks among Wall Street analysts .

How have RAIL shares performed in 2023?

FreightCar America's stock was trading at $3.20 at the beginning of 2023. Since then, RAIL shares have decreased by 25.0% and is now trading at $2.40. View the best growth stocks for 2023 here .

When is FreightCar America's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024. View our RAIL earnings forecast .

How were FreightCar America's earnings last quarter?

FreightCar America, Inc. (NASDAQ:RAIL) released its quarterly earnings data on Monday, November, 6th. The transportation company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.12. The transportation company had revenue of $61.89 million for the quarter.

What is Edward J. Whalen's approval rating as FreightCar America's CEO?

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.

What other stocks do shareholders of FreightCar America own?

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 () .

Who are FreightCar America's major shareholders?

FreightCar America's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wittenberg Investment Management Inc. (1.48%), HighTower Advisors LLC (0.07%), Group One Trading L.P. (0.00%), Cutler Group LLC CA (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Benavides Alejandro Gil, James R Meyer, Michael Anthony Riordan, Nigris Felan Jose De and W Matthew Tonn. View institutional ownership trends .

FreightCar America Stock Price, News & Analysis (NASDAQ:RAIL)

$2.40

+0.05 (+2.13%)

(As of 10:51 AM ET)

Compare

Today's Range: $2.40
▼
$2.43
50-Day Range: $2.27
▼
$2.89
52-Week Range: $2.25
▼
$3.94

Volume: 1,170 shs
Average Volume: 31,154 shs
Market Capitalization: $42.96 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.25

FreightCar America MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 77.1% Upside
$4.25 Price Target
Short Interest: Bearish
3.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.02
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.25) to $0.30 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Transportation Sector

80th out of 113 stocks

Railroad Equipment Industry

4th out of 4 stocks

3.0

Analyst's Opinion

Consensus Rating
FreightCar America has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.25, FreightCar America has a forecasted upside of 77.1% from its current price of $2.40.
Amount of Analyst Coverage
FreightCar America has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.60% of the float of FreightCar America has been sold short.
Short Interest Ratio / Days to Cover
FreightCar America has a short interest ratio ("days to cover") of 15.4, which indicates bearish sentiment.
Change versus previous month
Short interest in FreightCar America has recently decreased by 2.36%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
FreightCar America does not currently pay a dividend.
Dividend Growth
FreightCar America does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RAIL.

1.7

News and Social Media Coverage

News Sentiment
FreightCar America has a news sentiment score of -0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for FreightCar America this week, compared to 4 articles on an average week.
Search Interest
16 people have searched for RAIL on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FreightCar America insiders have not sold or bought any company stock.
Percentage Held by Insiders
24.20% of the stock of FreightCar America is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
86.37% of the stock of FreightCar America is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for FreightCar America are expected to grow in the coming year, from ($0.25) to $0.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FreightCar America is -1.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of FreightCar America is -1.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About FreightCar America Stock (NASDAQ:RAIL)

FreightCar America, Inc., through its subsidiaries, designs, manufactures, and sells railcars and railcar components for the transportation of bulk commodities and containerized freight products primarily in North America. It operates in two segments, Manufacturing and Parts. The company offers a range of freight cars, including open top hoppers; covered hopper cars; gondolas; triple hoppers and hybrid aluminum/stainless steel railcars; ore hopper and gondola railcars; ballast hopper cars; aggregate hopper cars; intermodal flats; and non-intermodal flat cars. It also provides railcars, including coal cars, bulk commodity cars, covered hopper cars, coil steel cars, and boxcars; and woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars. In addition, the company sells used railcars; leases, rebuilds, and converts railcars; and sells forged, cast, and fabricated parts for various railcars. It also exports its manufactured railcars to Latin America and the Middle East. The company's customers primarily include financial institutions, railroads, and shippers. FreightCar America, Inc. was founded in 1901 and is headquartered in Chicago, Illinois.

RAIL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RAIL Stock News Headlines

November 25, 2023 | americanbankingnews.com

Aurizon (OTCMKTS:QRNNF) versus FreightCar America (NASDAQ:RAIL) Head-To-Head Review

November 24, 2023 | msn.com

Crash involving Amtrak train under investigation

November 28, 2023 | Edge On The Street (Ad)

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November 24, 2023 | msn.com

Crews extinguish Kentucky derailment fire that prompted town to evacuate, rail operator says

November 23, 2023 | msn.com

Kentucky derailment fire that prompted town to evacuate is out, official says

November 23, 2023 | msn.com

Crews extinguish Kentucky derailment fire that prompted town to evacuate, CSX says

November 22, 2023 | americanbankingnews.com

FreightCar America (NASDAQ:RAIL) Research Coverage Started at StockNews.com

November 15, 2023 | finance.yahoo.com

FreightCar America's (NASDAQ:RAIL) Returns On Capital Are Heading Higher

November 28, 2023 | Autonomix (Ad)

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November 10, 2023 | morningstar.com

FreightCar America Inc RAIL

November 8, 2023 | finance.yahoo.com

FreightCar America, Inc. (NASDAQ:RAIL) Q3 2023 Earnings Call Transcript

November 8, 2023 | finance.yahoo.com

FreightCar America, Trinity Industries take hit from migrant crossings

November 8, 2023 | apnews.com

Mexican president wants to force private freight rail companies to schedule passenger service

November 8, 2023 | finance.yahoo.com

Q3 2023 FreightCar America Inc Earnings Call

November 6, 2023 | finance.yahoo.com

FreightCar America, Inc. Reports Third Quarter 2023 Results

November 6, 2023 | finance.yahoo.com

FreightCar America Inc (RAIL) Reports Q3 2023 Earnings: Gross Margin Expands Despite Revenue Decline

November 6, 2023 | businesswire.com

Kate Suprenuk Appointed President of Marmon Rail’s North American Railcar Leasing Business

November 6, 2023 | msn.com

Locomotives we love: Lionel No. 225E 2-6-2 steam engine

November 3, 2023 | msn.com

Officials: No immediate threat to public after freight cars derail from tracks near Detroit

November 3, 2023 | apnews.com

Freight train derails near Detroit

October 28, 2023 | news.yahoo.com

Hooper Bridge, dashed by fire, is replaced ahead of schedule

October 26, 2023 | msn.com

Florida’s private passenger train service plans to add stop between South Florida and Orlando

October 19, 2023 | finance.yahoo.com

Investors in FreightCar America (NASDAQ:RAIL) have unfortunately lost 81% over the last five years

October 18, 2023 | ca.news.yahoo.com

Transport for Wales: More cash for rail operator as ticket sales fall

October 13, 2023 | msn.com

What Makes Freightcar America (RAIL) a New Strong Buy Stock

October 4, 2023 | msn.com

California takes first step to buy trains for its high-speed rail route. What’s the price tag?

September 23, 2023 | nypost.com

Thousands of Mexican migrants hitch a ride to US border on freight train known as ‘The Beast’

See More Headlines

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Company Calendar

Last Earnings: 11/06/2023
Today: 11/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/25/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Railroad equipment
Sub-Industry: Construction & Farm Machinery & Heavy Trucks
Sector: Transportation
Current Symbol: NASDAQ:RAIL
CUSIP: 35702310
CIK: 1320854
Web: www.freightcaramerica.com
Phone: (312) 458-2235
Fax: 312-928-0890
Employees: 1,435
Year Founded: 1901

Price Target and Rating

Average Stock Price Target: $4.25
High Stock Price Target: $5.00
Low Stock Price Target: $3.50
Potential Upside/Downside: +80.9%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.32)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-38,850,000.00
Net Margins: -8.45%
Pretax Margin: -8.08%
Return on Equity: N/A
Return on Assets: -5.22%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.85
Quick Ratio: 0.42

Sales & Book Value

Annual Sales: $364.75 million
Price / Sales: 0.12
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($1.66) per share
Price / Book: -1.42

Miscellaneous

Outstanding Shares: 17,900,000
Free Float: 13,570,000
Market Cap: $42.07 million
Optionable: Optionable
Beta: 2.05

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Key Executives

Mr. James R. Meyer (Age 61)
President, CEO & Director
Comp: $1.19M
Mr. Michael Anthony Riordan (Age 38)
VP of Finance, CFO & Treasurer
Comp: $463.66k
Mr. W. Matthew Tonn (Age 57)
Chief Commercial Officer
Comp: $548.38k
Mr. Nicholas J. Randall (Age 50)
Chief Operating Officer
Mr. Juan Carlos Fuentes Sierra (Age 46)
Chief Accounting Officer, Corporate Controller & Principal Accounting Officer
Ms. Celia R. Perez J.D. (Age 36)
VP of Human Resources, General Counsel & Corporate Secretary
Mr. Steve Cianci
Senior Vice President of Railcar Sales & Marketing
Mr. Jesus Salvador Gil Benavides (Age 59)
Director
Ms. Lisa Fortuna
Investor

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RAIL Stock Analysis - Frequently Asked Questions

Should I buy or sell FreightCar America stock right now?: 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.
View RAIL analyst ratings or view top-rated stocks.
What is FreightCar America's stock price target for 2024?: 2 brokers have issued 12 month price targets for FreightCar America's stock. Their RAIL share price targets range from $3.50 to $5.00. On average, they anticipate the company's share price to reach $4.25 in the next year. This suggests a possible upside of 77.1% from the stock's current price.
View analysts price targets for RAIL or view top-rated stocks among Wall Street analysts.
How have RAIL shares performed in 2023?: FreightCar America's stock was trading at $3.20 at the beginning of 2023. Since then, RAIL shares have decreased by 25.0% and is now trading at $2.40.
View the best growth stocks for 2023 here.
When is FreightCar America's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024.
View our RAIL earnings forecast.
How were FreightCar America's earnings last quarter?: FreightCar America, Inc. (NASDAQ:RAIL) released its quarterly earnings data on Monday, November, 6th. The transportation company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.12. The transportation company had revenue of $61.89 million for the quarter.

What is Edward J. Whalen's approval rating as FreightCar America's CEO?: 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.
What other stocks do shareholders of FreightCar America own?: 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 ().
Who are FreightCar America's major shareholders?: FreightCar America's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wittenberg Investment Management Inc. (1.48%), HighTower Advisors LLC (0.07%), Group One Trading L.P. (0.00%), Cutler Group LLC CA (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Benavides Alejandro Gil, James R Meyer, Michael Anthony Riordan, Nigris Felan Jose De and W Matthew Tonn.
View institutional ownership trends.
How do I buy shares of FreightCar America?: 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.
Compare Top Brokerages Here.

This page (NASDAQ:RAIL) was last updated on 11/28/2023 by MarketBeat.com Staff

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FreightCar America Stock Price, News & Analysis (NASDAQ:RAIL)

FreightCar America MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About FreightCar America Stock (NASDAQ:RAIL)

RAIL Stock Price History

RAIL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

RAIL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™