FreightCar America, Inc. (NASDAQ:RAIL – Free Report) – Analysts at Sidoti Csr boosted their Q3 2025 EPS estimates for FreightCar America in a research note issued to investors on Monday, January 13th. Sidoti Csr analyst B. Mccarthy now anticipates that the transportation company will earn $0.13 per share for the quarter, up from their previous forecast of $0.12. The consensus estimate for FreightCar America’s current full-year earnings is $0.09 per share.
Separately, StockNews.com upgraded shares of FreightCar America from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th.
FreightCar America Stock Up 3.3 %
FreightCar America stock opened at $11.08 on Wednesday. FreightCar America has a 52-week low of $2.43 and a 52-week high of $16.10. The firm has a fifty day moving average of $10.10 and a 200-day moving average of $8.62. The firm has a market capitalization of $209.35 million, a P/E ratio of -2.61 and a beta of 1.96.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in 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 acquiring an additional 2,281 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of FreightCar America in the 3rd quarter valued at about $49,000. Dimensional Fund Advisors LP boosted its holdings in shares of FreightCar America by 24.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,932 shares of the transportation company’s stock valued at $104,000 after buying an additional 5,880 shares during the period. Barclays PLC acquired a new position in shares of FreightCar America in the 3rd quarter valued at about $73,000. Finally, State Street Corp boosted its holdings in shares of FreightCar America by 21.6% in the 3rd quarter. State Street Corp now owns 53,958 shares of the transportation company’s stock valued at $582,000 after buying an additional 9,600 shares during the period. 31.96% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, Director James R. Meyer acquired 23,400 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was bought at an average cost of $10.74 per share, with a total value of $251,316.00. Following the acquisition, the director now directly owns 838,278 shares in the company, valued at approximately $9,003,105.72. The trade was a 2.87 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 28.00% of the stock is owned by company insiders.
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.
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