Media stories about American Railcar Industries (NASDAQ:ARII) have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Railcar Industries earned a news impact score of 0.21 on Accern’s scale. Accern also gave press coverage about the transportation company an impact score of 46.8569575092115 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
ARII has been the subject of several analyst reports. BidaskClub downgraded shares of American Railcar Industries from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. ValuEngine upgraded shares of American Railcar Industries from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Zacks Investment Research upgraded shares of American Railcar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Stifel Nicolaus set a $32.00 price objective on shares of American Railcar Industries and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Finally, Cowen and Company restated a “buy” rating and issued a $45.00 price objective on shares of American Railcar Industries in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $38.33.
Shares of American Railcar Industries (NASDAQ ARII) traded down 0.91% during midday trading on Friday, hitting $38.14. 35,946 shares of the stock traded hands. The firm’s 50-day moving average is $37.94 and its 200 day moving average is $37.61. The company has a market capitalization of $727.83 million, a price-to-earnings ratio of 14.23 and a beta of 2.37. American Railcar Industries has a 52 week low of $34.30 and a 52 week high of $51.10.
American Railcar Industries (NASDAQ:ARII) last posted its earnings results on Tuesday, August 1st. The transportation company reported $0.62 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.62. American Railcar Industries had a return on equity of 11.40% and a net margin of 9.59%. The company had revenue of $109.00 million for the quarter, compared to the consensus estimate of $113.62 million. During the same quarter in the prior year, the company earned $1.02 earnings per share. American Railcar Industries’s revenue was down 27.6% on a year-over-year basis. Equities analysts forecast that American Railcar Industries will post $2.22 earnings per share for the current year.
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American Railcar Industries Company Profile
American Railcar Industries, Inc is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. It operates through three segments: manufacturing, railcar leasing and railcar services.
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