American Railcar Industries, Inc. (NASDAQ:ARII) – Stock analysts at Seaport Global Securities issued their FY2017 EPS estimates for shares of American Railcar Industries in a report issued on Thursday. Seaport Global Securities analyst W. Milby forecasts that the transportation company will post earnings per share of $2.07 for the year. Seaport Global Securities currently has a “Neutral” rating on the stock. Seaport Global Securities also issued estimates for American Railcar Industries’ Q4 2017 earnings at $0.48 EPS, Q1 2018 earnings at $0.67 EPS, Q2 2018 earnings at $0.63 EPS, Q3 2018 earnings at $0.65 EPS, Q4 2018 earnings at $0.67 EPS, FY2018 earnings at $2.62 EPS, Q1 2019 earnings at $0.77 EPS, Q2 2019 earnings at $0.76 EPS, Q3 2019 earnings at $0.74 EPS, Q4 2019 earnings at $0.81 EPS and FY2019 earnings at $3.08 EPS.
A number of other research analysts have also recently commented on the company. BidaskClub raised American Railcar Industries from a “hold” rating to a “buy” rating in a report on Wednesday, January 3rd. ValuEngine raised American Railcar Industries from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research raised American Railcar Industries from a “sell” rating to a “hold” rating in a report on Thursday, December 28th. Stifel Nicolaus upped their price objective on American Railcar Industries from $32.00 to $35.00 and gave the stock a “hold” rating in a report on Tuesday, November 7th. Finally, Buckingham Research upped their price objective on American Railcar Industries from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $39.33.
American Railcar Industries (NASDAQ ARII) opened at $39.45 on Monday. The company has a quick ratio of 2.13, a current ratio of 3.06 and a debt-to-equity ratio of 0.94. American Railcar Industries has a twelve month low of $34.29 and a twelve month high of $49.33. The company has a market capitalization of $759.16, a P/E ratio of 14.35 and a beta of 2.42.
American Railcar Industries (NASDAQ:ARII) last posted its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.11). American Railcar Industries had a return on equity of 9.66% and a net margin of 10.28%. The business had revenue of $120.75 million during the quarter, compared to analysts’ expectations of $123.63 million. During the same period in the prior year, the firm posted $0.94 earnings per share. The firm’s revenue for the quarter was down 16.7% on a year-over-year basis.
Institutional investors and hedge funds have recently modified their holdings of the company. Northern Trust Corp raised its holdings in American Railcar Industries by 82.8% during the 2nd quarter. Northern Trust Corp now owns 290,305 shares of the transportation company’s stock valued at $11,119,000 after buying an additional 131,503 shares during the period. Kennedy Capital Management Inc. purchased a new stake in American Railcar Industries during the 2nd quarter valued at $3,064,000. Shell Asset Management Co. purchased a new stake in American Railcar Industries during the 3rd quarter valued at $2,793,000. OxFORD Asset Management LLP purchased a new stake in American Railcar Industries during the 2nd quarter valued at $895,000. Finally, Intrinsic Edge Capital Management LLC purchased a new stake in American Railcar Industries during the 2nd quarter valued at $766,000. 94.78% of the stock is currently owned by institutional investors and hedge funds.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Friday, December 8th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $1.60 annualized dividend and a dividend yield of 4.06%. American Railcar Industries’s dividend payout ratio (DPR) is 58.18%.
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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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