FreightCar America (RAIL) Stock Price, News & Analysis

Company Overview

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. It also sells used railcars; rebuilds, converts, and leases railcars; and sells forged, cast, and fabricated parts for various railcars. The company's customers primarily include shippers, railroads, and financial institutions. FreightCar America, Inc. was founded in 1901 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $9.82 to $10.69
• 50-Day Range: $8.36 to $15.71
• 52-Week Range: $2.25 to $16.10
• Volume: 459,452 shs
• Average Volume: 622,009 shs
• Market Capitalization: $187.05 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Strong Buy

FreightCar America Stock Analysis - MarketRank™

FreightCar America scored higher than 58% of companies evaluated by MarketBeat, and ranked 91st out of 128 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for FreightCar America.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 273.68%

Earnings Growth

Earnings for FreightCar America are expected to grow by 273.68% in the coming year, from $0.19 to $0.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of FreightCar America is -2.33, 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 -2.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.09% 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 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in FreightCar America has recently increased by 76.40%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

FreightCar America does not currently pay a dividend.

Dividend Growth

FreightCar America does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, FreightCar America will have a dividend payout ratio of 50.70% next year. This indicates that FreightCar America will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.09% 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 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in FreightCar America has recently increased by 76.40%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.61

News Sentiment

FreightCar America has a news sentiment score of 0.61. 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 news sentiment score is similar to the average news sentiment of Transportation companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for FreightCar America this week, compared to 3 articles on an average week.

Search Interest

37 people have searched for RAIL on MarketBeat in the last 30 days. This is an increase of 118% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added FreightCar America to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, FreightCar America insiders have sold 165.70% more of their company's stock than they have bought. Specifically, they have bought $40,760.00 in company stock and sold $108,300.00 in company stock.

Percentage Held by Insiders

28.00% 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

Only 31.96% of the stock of FreightCar America is held by institutions.

RAIL Stock Analysis - Frequently Asked Questions

How have RAIL shares performed this year?

FreightCar America's stock was trading at $2.70 at the beginning of 2024. Since then, RAIL stock has increased by 266.7% and is now trading at $9.90.
View the best growth stocks for 2024 here.

How were FreightCar America's earnings last quarter?

FreightCar America, Inc. (NASDAQ:RAIL) posted its quarterly earnings results on Monday, August, 12th. The transportation company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The transportation company had revenue of $147.42 million for the quarter, compared to analyst estimates of $127.09 million. FreightCar America had a negative net margin of 20.66% and a negative trailing twelve-month return on equity of 27.10%.

Who are FreightCar America's major shareholders?

FreightCar America's top institutional shareholders include Minerva Advisors LLC (2.22%), Geode Capital Management LLC (0.96%), Allspring Global Investments Holdings LLC (0.52%) and Walleye Capital LLC (0.40%). Insiders that own company stock include Benavides Alejandro Gil, W Matthew Tonn, William D Gehl, Nigris Felan Jose De, Michael Anthony Riordan and James R Meyer.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of FreightCar America own?

Based on aggregate information from My MarketBeat watchlists, some other companies that FreightCar America investors own include Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), AbbVie (ABBV), Ford Motor (F), Plug Power (PLUG) and Walmart (WMT).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/17/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Railroad equipment
• Sub-Industry: Construction & Farm Machinery & Heavy Trucks
• Current Symbol: NASDAQ:RAIL
• CUSIP: 35702310
• CIK: 1320854
• Web: www.freightcaramerica.com
• Phone: (312) 458-2235
• Fax: 312-928-0890
• Employees: 2,023
• Year Founded: 1901

Profitability

• EPS (Most Recent Fiscal Year): ($4.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 52.11
• P/E Growth: N/A
• Net Income: $-23,590,000.00
• Net Margins: -20.66%
• Pretax Margin: -19.94%
• Return on Equity: -27.10%
• Return on Assets: 8.69%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.60
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $358.09 million
• Price / Sales: 0.52
• Cash Flow: $0.20 per share
• Price / Cash Flow: 49.40
• Book Value: ($8.27) per share
• Price / Book: -1.20

Miscellaneous

• Outstanding Shares: 18,890,000
• Free Float: 13,604,000
• Market Cap: $187.01 million
• Optionable: Optionable
• Beta: 2.00