Q1 EPS Estimate for FreightCar America Decreased by Analyst

FreightCar America, Inc. (NASDAQ:RAIL) – Research analysts at Sidoti Csr cut their Q1 2025 EPS estimates for shares of FreightCar America in a note issued to investors on Friday, April 25th. Sidoti Csr analyst B. Mccarthy now anticipates that the transportation company will post earnings per share of $0.11 for the quarter, down from their prior forecast of $0.18. The consensus estimate for FreightCar America’s current full-year earnings is $0.09 per share.

Separately, StockNews.com cut FreightCar America from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, March 26th.

FreightCar America Stock Performance

NASDAQ RAIL opened at $6.05 on Monday. FreightCar America has a twelve month low of $3.02 and a twelve month high of $16.10. The stock has a market capitalization of $115.30 million, a PE ratio of -1.43 and a beta of 2.02. The stock has a 50-day simple moving average of $6.28 and a 200 day simple moving average of $9.51.

FreightCar America (NASDAQ:RAIL) last announced its quarterly earnings results on Wednesday, March 12th. The transportation company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.16. FreightCar America had a negative return on equity of 27.10% and a negative net margin of 20.66%. The company had revenue of $137.70 million during the quarter, compared to analysts’ expectations of $152.02 million.

Institutional Investors Weigh In On FreightCar America

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of FreightCar America by 98.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,599 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 2,281 shares during the period. Globeflex Capital L P bought a new stake in shares of FreightCar America in the 4th quarter valued at approximately $69,000. Quantbot Technologies LP grew its stake in shares of FreightCar America by 80.8% in the 4th quarter. Quantbot Technologies LP now owns 8,128 shares of the transportation company’s stock valued at $73,000 after purchasing an additional 3,632 shares during the period. Barclays PLC bought a new stake in shares of FreightCar America in the 3rd quarter valued at approximately $73,000. Finally, Ritholtz Wealth Management bought a new stake in shares of FreightCar America in the 4th quarter valued at approximately $104,000. 31.96% of the stock is currently owned by institutional investors.

About FreightCar America

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.