News headlines about Freightcar America (NASDAQ:RAIL) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Freightcar America earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 44.8052744059863 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern’s scoring:
- Freightcar America, Inc. (RAIL) Given Hold Rating at Stifel Nicolaus (americanbankingnews.com)
- Freightcar America, Inc. (RAIL) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- ETFs with exposure to FreightCar America, Inc. : September 19, 2017 (finance.yahoo.com)
- FreightCar America, Inc. :RAIL-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017 (finance.yahoo.com)
A number of equities research analysts have recently commented on RAIL shares. Cowen and Company reiterated a “hold” rating and issued a $15.00 target price on shares of Freightcar America in a research report on Tuesday, July 11th. Zacks Investment Research upgraded shares of Freightcar America from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Tuesday, July 18th. Buckingham Research started coverage on shares of Freightcar America in a research report on Wednesday, June 21st. They issued a “neutral” rating and a $17.00 target price for the company. ValuEngine upgraded shares of Freightcar America from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $15.00 target price on shares of Freightcar America in a research report on Thursday. Five analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average target price of $16.50.
Shares of Freightcar America (NASDAQ:RAIL) opened at 18.79 on Monday. The company has a 50 day moving average of $17.61 and a 200-day moving average of $15.89. The stock has a market cap of $233.52 million, a price-to-earnings ratio of 722.69 and a beta of 1.61. Freightcar America has a one year low of $10.87 and a one year high of $19.66.
Freightcar America (NASDAQ:RAIL) last announced its earnings results on Wednesday, August 2nd. The transportation company reported ($0.04) earnings per share for the quarter, meeting the consensus estimate of ($0.04). Freightcar America had a net margin of 0.06% and a return on equity of 1.61%. The firm had revenue of $118.67 million during the quarter, compared to the consensus estimate of $108.43 million. During the same quarter in the previous year, the company posted ($0.04) EPS. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. On average, analysts anticipate that Freightcar America will post ($0.21) earnings per share for the current year.
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About Freightcar America
FreightCar America, Inc is a manufacturer of railcars and railcar components. The Company operates in the Manufacturing segment. The Company designs and manufactures a range of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars.
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