FreightCar America (NASDAQ:RAIL) is scheduled to release its earnings data after the market closes on Wednesday, February 28th. Analysts expect FreightCar America to post earnings of ($0.28) per share for the quarter.
FreightCar America (NASDAQ:RAIL) opened at $15.84 on Wednesday. FreightCar America has a 1 year low of $12.07 and a 1 year high of $20.46. The firm has a market cap of $196.35, a P/E ratio of -17.22 and a beta of 1.46.
Several research firms recently weighed in on RAIL. Zacks Investment Research cut shares of FreightCar America from a “hold” rating to a “sell” rating in a research report on Friday, November 10th. Stifel Nicolaus restated a “hold” rating and issued a $14.00 price objective (down previously from $15.00) on shares of FreightCar America in a research report on Tuesday, November 7th. ValuEngine cut shares of FreightCar America from a “hold” rating to a “sell” rating in a research report on Saturday, January 13th. Finally, Seaport Global Securities initiated coverage on shares of FreightCar America in a research report on Thursday, January 4th. They set a “neutral” rating for the company. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $16.25.
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About FreightCar America
FreightCar America, Inc is a manufacturer of railcars and railcar components. The Company operates in the Manufacturing segment. The Company designs and manufactures a range of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars.
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