FreightCar America, Inc. (NASDAQ:RAIL - Free Report) - Research analysts at Sidoti Csr raised their Q2 2026 earnings per share (EPS) estimates for shares of FreightCar America in a note issued to investors on Tuesday, March 4th. Sidoti Csr analyst B. Mccarthy now expects that the transportation company will earn $0.24 per share for the quarter, up from their previous forecast of $0.23. The consensus estimate for FreightCar America's current full-year earnings is $0.09 per share. Sidoti Csr also issued estimates for FreightCar America's Q3 2026 earnings at $0.18 EPS and Q4 2026 earnings at $0.25 EPS.
Separately, StockNews.com upgraded FreightCar America from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th.
Read Our Latest Stock Analysis on RAIL
FreightCar America Trading Down 1.1 %
NASDAQ:RAIL traded down $0.08 during mid-day trading on Wednesday, hitting $7.01. 231,053 shares of the company's stock traded hands, compared to its average volume of 204,588. The firm has a 50 day moving average of $10.57 and a two-hundred day moving average of $10.50. FreightCar America has a 12 month low of $2.99 and a 12 month high of $16.10. The firm has a market capitalization of $133.61 million, a price-to-earnings ratio of -1.65 and a beta of 2.08.
Institutional Trading of FreightCar America
Hedge funds have recently modified their holdings of the company. Consolidated Portfolio Review Corp bought a new stake in shares of FreightCar America in the 4th quarter worth approximately $743,000. Barclays PLC bought a new stake in shares of FreightCar America in the 3rd quarter worth approximately $73,000. JPMorgan Chase & Co. lifted its position in shares of FreightCar America by 98.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,599 shares of the transportation company's stock worth $50,000 after buying an additional 2,281 shares during the period. Walleye Capital LLC bought a new position in shares of FreightCar America during the 3rd quarter worth approximately $813,000. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of FreightCar America by 90.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 188,369 shares of the transportation company's stock worth $1,688,000 after buying an additional 89,471 shares during the period. Institutional investors own 31.96% of the company's stock.
FreightCar America Company Profile
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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.
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