Q2 Earnings Estimate for RAIL Issued By Noble Financial

Freightcar America, Inc. (NASDAQ:RAIL) – Noble Financial issued their Q2 2027 earnings per share (EPS) estimates for Freightcar America in a research note issued to investors on Wednesday, July 8th. Noble Financial analyst M. Reichman forecasts that the transportation company will post earnings of $0.18 per share for the quarter. The consensus estimate for Freightcar America’s current full-year earnings is $0.40 per share. Noble Financial also issued estimates for Freightcar America’s Q4 2027 earnings at $0.18 EPS and FY2027 earnings at $0.70 EPS.

A number of other research firms have also recently commented on RAIL. Weiss Ratings restated a “hold (c)” rating on shares of Freightcar America in a report on Friday, June 5th. Wall Street Zen lowered shares of Freightcar America from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Freightcar America currently has a consensus rating of “Buy”.

Freightcar America Stock Up 0.9%

Freightcar America stock opened at $8.15 on Thursday. Freightcar America has a 12-month low of $7.27 and a 12-month high of $14.90. The firm’s fifty day moving average is $8.34 and its 200 day moving average is $9.92. The company has a market capitalization of $155.99 million, a PE ratio of 11.01 and a beta of 1.44.

Freightcar America (NASDAQ:RAIL) last announced its quarterly earnings data on Monday, May 4th. The transportation company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.06). The company had revenue of $64.31 million for the quarter, compared to analyst estimates of $74.60 million. Freightcar America had a negative return on equity of 15.56% and a net margin of 6.25%.

Institutional Investors Weigh In On Freightcar America

Hedge funds and other institutional investors have recently modified their holdings of the company. Sei Investments Co. lifted its holdings in shares of Freightcar America by 119.9% in the 1st quarter. Sei Investments Co. now owns 121,153 shares of the transportation company’s stock worth $966,000 after purchasing an additional 66,056 shares in the last quarter. Globeflex Capital L P increased its stake in Freightcar America by 840.3% during the 1st quarter. Globeflex Capital L P now owns 72,484 shares of the transportation company’s stock valued at $578,000 after purchasing an additional 64,775 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Freightcar America by 16.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 139,826 shares of the transportation company’s stock valued at $1,114,000 after purchasing an additional 19,898 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Freightcar America by 14.0% during the first quarter. Bank of New York Mellon Corp now owns 82,402 shares of the transportation company’s stock worth $657,000 after buying an additional 10,132 shares during the last quarter. Finally, North Star Investment Management Corp. raised its holdings in Freightcar America by 36.8% during the first quarter. North Star Investment Management Corp. now owns 237,800 shares of the transportation company’s stock worth $1,895,000 after buying an additional 64,000 shares during the last quarter. Institutional investors own 31.96% of the company’s stock.

Freightcar America Company Profile

FreightCar America, Inc is a designer and manufacturer of specialized railroad freight cars, offering a diverse range of products that include tank cars, open and covered hoppers, gondolas, boxcars and centerbeam lumber cars. The company supports both new car construction and the rebuilding of existing fleets, providing custom engineering solutions to meet customer specifications and industry regulations. FreightCar America also supplies aftermarket parts, maintenance services and component remanufacturing for its own fleet and for third-party car owners.

Headquartered in Chicago, Illinois, FreightCar America traces its origins to early 20th-century railcar builders and began trading as an independent, publicly-listed company on the NASDAQ under the ticker RAIL following a spin-off in 2010.