FreightCar America, Inc. (NASDAQ:RAIL – Free Report) – Stock analysts at Sidoti Csr increased their FY2025 earnings per share (EPS) estimates for shares of FreightCar America in a research report issued to clients and investors on Monday, January 13th. Sidoti Csr analyst B. Mccarthy now forecasts that the transportation company will earn $0.72 per share for the year, up from their previous forecast of $0.70. The consensus estimate for FreightCar America’s current full-year earnings is $0.09 per share. Sidoti Csr also issued estimates for FreightCar America’s Q4 2025 earnings at $0.22 EPS and FY2026 earnings at $0.88 EPS.
Separately, StockNews.com raised shares of FreightCar America from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th.
FreightCar America Price Performance
Shares of RAIL opened at $11.08 on Tuesday. The firm has a market capitalization of $209.35 million, a PE ratio of -2.61 and a beta of 1.96. The company has a 50-day simple moving average of $10.10 and a two-hundred day simple moving average of $8.62. FreightCar America has a one year low of $2.43 and a one year high of $16.10.
Hedge Funds Weigh In On FreightCar America
Hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new position in shares of FreightCar America in the third quarter worth $1,067,000. Walleye Capital LLC purchased a new stake in FreightCar America during the 3rd quarter valued at $813,000. Centiva Capital LP purchased a new position in shares of FreightCar America in the 3rd quarter worth $453,000. Renaissance Technologies LLC lifted its holdings in FreightCar America by 43.4% in the second quarter. Renaissance Technologies LLC now owns 116,887 shares of the transportation company’s stock valued at $408,000 after acquiring an additional 35,387 shares during the period. Finally, XTX Topco Ltd purchased a new position in FreightCar America in the third quarter worth about $247,000. 31.96% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at FreightCar America
In other news, Director James R. Meyer bought 23,400 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were purchased at an average price of $10.74 per share, for a total transaction of $251,316.00. Following the completion of the purchase, the director now owns 838,278 shares in the company, valued at approximately $9,003,105.72. This represents a 2.87 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 28.00% of the stock is owned by insiders.
FreightCar America Company Profile
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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