Press coverage about American Railcar Industries (NASDAQ:ARII) has trended somewhat positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Railcar Industries earned a daily sentiment score of 0.02 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 46.3253799665067 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
Shares of American Railcar Industries (NASDAQ:ARII) traded up $0.08 during midday trading on Friday, reaching $39.74. The company had a trading volume of 57,477 shares, compared to its average volume of 94,510. The company has a current ratio of 3.06, a quick ratio of 2.13 and a debt-to-equity ratio of 0.94. American Railcar Industries has a 52-week low of $34.29 and a 52-week high of $51.10. The stock has a market capitalization of $758.97, a price-to-earnings ratio of 14.42 and a beta of 2.42.
American Railcar Industries (NASDAQ:ARII) last released its quarterly earnings data on Tuesday, October 31st. The transportation company reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.11). The company had revenue of $120.75 million during the quarter, compared to analysts’ expectations of $123.63 million. American Railcar Industries had a return on equity of 9.66% and a net margin of 10.28%. The company’s revenue for the quarter was down 16.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.94 EPS. sell-side analysts anticipate that American Railcar Industries will post 2.07 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 4.03%. The ex-dividend date is Thursday, December 7th. American Railcar Industries’s payout ratio is 58.18%.
Several research firms recently weighed in on ARII. Zacks Investment Research downgraded American Railcar Industries from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Stifel Nicolaus boosted their target price on shares of American Railcar Industries from $32.00 to $35.00 and gave the stock a “hold” rating in a report on Tuesday, November 7th. Buckingham Research boosted their target price on shares of American Railcar Industries from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Cowen reiterated a “buy” rating and issued a $44.00 target price on shares of American Railcar Industries in a report on Wednesday, November 1st. Finally, ValuEngine upgraded American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $39.33.
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About American Railcar Industries
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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